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In February, Insurance Commissionee Kevin McCarty approveda 6.4 percent increase in workers’ compensation rates in responsw to the state high court’s October ruling. Wednesday'ws announcement follows Gov. Charlie Crist's signing of a bill last week that caps attorneyx feesin workers' comp The bill essentially undid the court's ruling in Emma Murray v. Mariner Health Inc. , which would have allowee attorneys whohandle workers’ compensation casesx to collect more money. Under the new law, attorneyws will be paid based on a set fee The rollback will save employersabout $172 millioj in insurance costs, according to McCarty. It effectivelyg restores the 18.
6 percent rate decreass that tookeffect Jan. 1, with a projecte d savings of $610 million for Florida employers. “I am pleased that Gov. Cris and the recognized the importance of keepingfour workers’ compensation rates down,” McCartt said in a news release. “I believe that injureed workers still will have appropriate access to the legal while also stillkeeping workers' compensation ratea affordable for employers.
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