Sep 09 2008
Court Ruling Could Affect Florida’s Workers’ Compensation Rates
A pending Florida Supreme Court ruling involving claimant attorneys’ fees is predicted to possibly change the workers’ compensation landscape for businesses, insurance carriers and other stakeholders.
Claimant attorneys expect the court will hand down its decision in Emma Murray V. Mariner Health/ACE USA any day. (See tampabay.bizjournals.com for updates).
Depending on the decision, these attorneys’ practices could return to volume levels before the state Legislature rewrote workers’ compensation laws in 2003 or their business could continue to languish as it has since the reforms.
If the court upholds the 2003 changes, employers will continue to enjoy low, competitive workers’ compensation insurance rates that followed the reforms, which included restrictions on claimant attorneys’ fees.
Tampa Bay Business Journal - Sept. 5