Workers’ Compensation
June 3rd, 2009 by Mike VasilindaState lawmakers passed and the Governor has signed legislation restricting how much attorneys can make helping injured workers. Last year, the state Supreme Court threw out a limit on the fees. The legislation was a result of that ruling and today, the office of Insurance regulation rescinded a rate hike that was just put in place.
“The 6.4 increase has gone away,” Ed Domansky with the Office of Insurance Regulation said. “It effectively now is a 6.4 decrease. And in the grand scheme of things it’s restoring the total 18.6 decrease that became effective January 1.”
The old law was thrown out when the court found an attorney working over 200 hours on a case was receiving the equivalent of just 8 dollars an hour. The new law is also likely to be challenged.
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