- Insurance Trade Issues Statement on Florida’s Third Court of Appeal Ruling Regarding Workers Compensation
- Insurance Trade Issues Statement on Florida’s Third Court of Appeal Ruling Regarding Workers Compensation
TALLAHASSEE, Fla. - The Florida Third District Court of Appeal, on procedural grounds, reversed a trial court judgment holding that the exclusive remedy provisions of the Florida Workers Compensation Act were unconstitutional. The following statement can be attributed to PCI’s senior director for workers compensation, Trey Gillespie. Gillespie is also available for background and media interviews as you continue to cover this story. PCI along with several other businesses filed an amicus brief opposing the initial trial court judge’s ruling arguing that this case had the potential to harm the state’s workers compensation system.
“The Property Casualty Insurers Association of America (PCI) and our members are pleased with today’s ruling, which leaves in place the central tenants of the state’s workers system that balance the interests of injured employees and employers that seek predictability in costs. This case, in which the plaintiffs sought a weakening or elimination of the exclusive remedy provisions in the workers compensation system had the potential to destabilize Florida’s business environment.
This ruling is a real win for all stakeholders in the Florida workers compensation system as it preserves the legal framework for fostering a healthy market for workers compensation that also accommodates the medical needs and replacement income for employees.”
Click here to read the- Third District Court of Appeal Decision
- PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write more than $195 billion in annual premium, 35 percent of the nation's property casualty insurance. Member companies write 42 percent of the U.S. automobile insurance market, 28 percent of the homeowners market, 33 percent of the commercial property and liability market and 35 percent of the private workers compensation market.
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