There will be a public hearing in Tallahassee on Oct. 6 for the insurance industry’s proposed 6.8 percent workers’ compensation rate decrease for Florida employers.
The National Council on Compensation Insurance (NCCI) made the rate recommendation on Aug. 21. The NCCI is requesting an overall average rate decrease of 6.8 percent statewide for the voluntary market for all new and renewal workers’ compensation insurance policies written, effective Jan. 1, 2010.
The reduction would produce a savings of more than $166 million for Florida employers.
Source: Florida Office of Insurance Regulation
Topics Florida Talent Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Judge Throws Out Bulk of Economic Claims Over Baltimore Bridge Tragedy 
FBI Investigating Possible Exposure of Millions of American IDs 
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies 
Federal Judge Cautions State Farm Against Gambling With Courts 
