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In February, Insurance Commissione r Kevin McCarty approveda 6.4 percenyt increase in workers’ compensation rates in response to the stater high court’s October ruling. Wednesday's announcement follows Gov. Charlie Crist's signing of a bill last week that caps attorneysw feesin workers' comp cases. The bill essentiallyu undid the court's ruling in Emma Murray v. Mariner Health Inc. , which would have allowedx attorneys whohandle workers’ compensation casesx to collect more money. Unde r the new law, attorneye will be paid based on a set fee The rollback will save employersabout $172 million in insurance costs, accordinh to McCarty.
It effectively restores the 18.6 percentf rate decrease that tookeffectt Jan. 1, with a projected savings of $610 millio for Florida employers. “I am pleased that Gov. Crist and the recognizee the importance of keepingour workers’ compensation rated down,” McCarty said in a news release. “jI believe that injured workers still will have appropriate accesa to thelegal system, while also still keeping workers' compensation rates affordable for
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