American Property Casualty Insurance Association
  • Staff Contact: Brooke Kelley     
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  • March 7, 2017
  • Florida Needs a Balanced Workers Compensation System
  • Tallahassee, Fla. — The Property Casualty Insurers Association of America (PCI) today issued the following statement attributed to its regional manager Logan McFaddin regarding the House Insurance & Banking Subcommittee workshop on a proposed committee bill relating to workers compensation.

    “We appreciate the House Insurance & Banking Subcommittee discussing the need to reform the state’s workers compensation system to provide balance and protections for employers and employees.

    “While we do not support this bill at this time, it starts a very important dialogue about the urgent need for workers compensation reform in Florida.

    “A vibrant and healthy marketplace for workers compensation in the Sunshine State is a must for injured workers to receive the quality care benefits they deserve at reasonable costs to employers. 

    “We support the proposal put forward by the Florida Workers’ Compensation Strategic Task Force that delivers a comprehensive solution that gives Floridians the ability to avoid unnecessary litigation and receive the timely benefits they need if injured on the job.”

  • 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 $202 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, 27 percent of the homeowners market, 33 percent of the commercial property and liability market and 34 percent of the private workers compensation market.
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