December 6, 2022 | Legal Alerts
What Florida Employers Should Know About the Workers' Compensation 120-Day Rule
Florida law imposes strict timelines on insurance companies to accept or deny workers’ compensation claims after they are reported. Insurance companies must accept or deny compensability within 14 days after an accident is reported or a Petition for Benefits is filed. Even though this is a heavy burden on an insurance company, there are valid policy reasons why the law requires a quick and timely decision. An issue arises when the carriers don’t have enough information to make a decision within 14 days.