Bay County Chamber of Commerce
   
 

Bay County Chamber of Commerce

235 West 5th Street

Panama City, FL 32401

 

Phone: 850.785.5206

Fax: 850.763.6229

 

 

 

 

Governmental Affairs Alert- Worker's Compensation Rates
December 1, 2016

If you are confused by what the Worker's Compensation rates will be starting December 1 - Welcome to the club.
 
Bottom line, the 14.5% increase approved earlier by the Office of Insurance Regulations (OIR) remains in effect and will start tomorrow, December 1.
 
Why is this news? Late last week Leon County Circuit Judge, Karen Gievers, invalidated the increase because the National Council of Compensation Insurers (NCCI) failed to abide by the state's sunshine laws. Judge Gievers opined that since NCCI was acting as an agent of the state for the OIR, they must follow the open-government requirements. NCCI did not conduct its deliberations in public and failed to provide data to the plaintiff in this case. Henceforth, her decision to halt the increase.
 
Just yesterday, OIR filed a notice to appeal Judge Giever's decision. Pursuant to the appellate procedure, Judge Giever's orders are now nullified and the planned increase will go into effect on December 1, 2016 as originally planned.

 

If you have any additional questions, feel free to contact one of our staff members.

 

 

 

The mission of the Bay County Chamber of Commerce is to create superior value for all chamber members large and small, cultivate economic and personal development, promote and protect a competitive system of business, be a community leader while embracing Bay County’s opportunities and challenges.

 

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