reforms News

Viewpoint: Florida Begins New Era with Major Property Insurance Reforms

For the fourth time since 2019, the Florida Legislature has enacted property insurance reforms aimed towards stabilizing a beleaguered insurance market. The bill, S.B. 2-A, creates a reinsurance assistance program, establishes additional oversight for insurers with high volumes of hurricane …

WCRI Report Shows Wide Variety in How States Control Work Comp Medical Costs

Workers’ compensation medical costs vary widely among the states both in terms of price and how often services are used. The differences appear to relate closely to which cost-drivers each state legislature tried to control and which were overlooked, according …

Georgia Medical Groups Spar Over Medical Malpractice Reforms

Georgia physicians are debating whether to push for a state constitutional amendment to reinstate a $350,000 cap on medical malpractice non-economic damages or scrap the current tort driven system in favor of a scheme similar to the one used in …

New York Lowers Premium Rates for Workers’ Compensation

New York officials say they are lowering the rate employers pay for workers’ compensation premiums by 1.2 percent. According to the Cuomo administration, it is the first reduction in four years. While the New York Compensation Insurance Rating Board, a …