On August 28, 2017, NCCI delivered its 2017 workers’ compensation insurance rate filing to the Florida Office of Insurance Regulation (OIR) and proposed an overall 9.6% average rate decrease covering all industry segments. The recommendation is based primarily upon recent data reflecting an 8% reduction in claim frequency. NCCI noted that the data used is […]
As a LassiterWare client, our Claims Department is dedicated and prepared to handle claim reports of damage as a result of Hurricane Irma. Please call our toll free number first at (800) 845-8437 and leave a voice message on Ext. 120 at any time or send us an email at claims@lassiterware.com. Reporting – We need the name of […]
When things like Hurricane Matthew come around, the scam artists kick into high gear. There are already reports of fake FEMA emails going out to ‘make sure you are properly registered for disaster relief’. You may already be wary with unfamiliar work emails or a filter catches them for you, but just a reminder to be […]
On September 27, 2016 the Florida Office of Insurance (OIR) issued an Order for the workers’ compensation rate filing submitted by National Council of Compensation Insurance (NCCI). The requested rate increase of 19.6%, by NCCI, was DISAPPROVED, but a contingent approval to an overall combined average statewide rate increase of 14.5% was recommended. “Approval of […]
Employers with self-insured major medical plans are reminded to report their membership count to the U.S. Department of Health and Human Services (“HHS”) via the pay.gov website by November 15, 2016, as part of the Affordable Care Act’s (“ACA”) transitional reinsurance fee (the “Fee”). The Fee is assessed on both insured and self-insured group health […]
In late June, the U.S. Department of Health and Human Services (HHS) reportedly mailed out several hundred thousand notices to employers, dated June 21, 2016, informing them that one or more of their employees have been certified as eligible for a premium subsidy through a federal Health Insurance Marketplace. Employers in states with state-run Marketplaces […]
On April 28, 2016, the Florida Supreme Court issued an opinion in the case of Castellanos vs. Next Door Company, declaring Section 440.34, Florida Statutes, unconstitutional. The anticipated impact of the decision is the elimination of the statutory caps on claimant attorney fees and a return to hourly fees. On June 9, 2016, the […]
Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming August 1, 2016 deadline for paying fees that fund the Patient-Centered Outcomes Research Institute (PCORI). As background, PCORI was established as part of health care reform to conduct research to evaluate the effectiveness of medical treatments, procedures […]
Ted R. Ostrander, Jr., AAI, CIC was awarded The Mitchell Stallings Memorial Award, the highest honor the Florida Association of Insurance Agents can bestow upon one of its members, at the 2016 FAIA Convention. This award recognizes the action or voluntary activities of an independent insurance agent, an academician, regulator, association official, or individual with involvement […]
Leesburg, FL (June 20, 2016) — LassiterWare Cares and Vac-Tron Equipment are excited to announce a joint community service project to benefit the students of Beverly Shores Elementary School. Currently, the school’s field is in poor shape, and is not usable for school activities, such as recess, P.E. or Field Days. “At Vac-Tron, it […]
