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Appeals court reinstates workers' compensation rate hike

May 17, 2017

 

The 1st District Court of Appeals has overturned a 2016 ruling issued by a circuit court that invalidated a statewide increase in workers' compensation insurance rates. 

 

The ruling immediately reinstates the 14.5 percent rate increase approved in October.

 

In the ruling, the appeals said that circuit court erred when it voided the Office of Insurance Regulation's order instating the rate increase.

 

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