August 16, 2016

Tallahassee, Fla. – The Associated Industries of Florida (AIF) today issued the following statement from its President & CEO Tom Feeney in regards to the public hearing held by the Florida Office of Insurance Regulation (OIR) to discuss the National Council on Compensation Insurance (NCCI) rate filing increase.

“Today’s public hearing is a result of the Supreme Court decision that has negatively impacted our workers’ compensation system in Florida.  The Supreme Court decision will not allow workers to get healthier; it only serves to allow trial lawyers to get wealthier.

“AIF’s recently formed ‘Florida Workers’ Compensation Strategic Task Force’ is committed to working toward the goal of restoring a stable, self-executing and affordable workers’ compensation system in Florida as the Florida Legislature intended.  In fact, the task force chairs are already meeting, in order to continue the collaborative efforts that we began this summer with our Helping Florida Work Town Hall meetings.  A task force goal will be to relieve, as soon as possible, the pressure on rates, while simultaneously searching for the optimal policies to protect injured workers and have rates that promote job growth and prosperity.”

Known as “The Voice of Florida Business” in the Sunshine State, AIF has represented the principles of prosperity and free enterprise before the three branches of state government since 1920. A voluntary association of diversified businesses, AIF was created to foster an economic climate in Florida conducive to the growth, development, and welfare of industry and business and the people of the state.

For more information on AIF, please visit AIF.com and follow @VoiceofFLBiz.

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