Florida workers’ comp rates News

Florida Workers’ Comp Rates Going Down, Again

The downward trend for Florida workers’ compensation rates is set to continue next year thanks to favorable loss experiences from policy years 2017 and 2018. The latest filing from the National Council on Compensation Insurance (NCCI) proposes an average statewide …

Regulator Orders Further Decrease to Proposed Florida Workers’ Comp Rates

Florida businesses can expect an even greater decrease in workers’ compensation insurance next year, thanks to an order by the state regulator for a further decrease to the recent rate filing proposed by the National Council on Compensation Insurance (NCCI). …

NCCI Proposes 5.4% Decrease in Florida Workers’ Comp Rates

Florida businesses will see another workers’ comp rate decrease next year if the latest filing by the National Council on Compensation Insurance (NCCI) is approved by Florida regulators. Carrier results continue to be favorable in the segment thanks to many …

Federal Tax Cuts Spur 1.8% Decrease in Florida Workers’ Comp Rates

The Florida Office of Insurance Regulation (OIR) has approved a 1.8 percent rate decrease for workers’ compensation insurance in Florida. The decrease was filed by the National Council on Compensation Insurance (NCCI) in a law-only filing resulting from the effects …

Florida Approves Workers’ Comp Rate Decrease of Nearly 10%

Florida Insurance Commissioner David Altmaier has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall rate level decrease of 9.5 percent and premium level decrease of 9.8 percent. This applies to …

Florida Orders Workers’ Comp Rate Decrease of 9.8%

Florida Insurance Commissioner David Altmaier has ordered a statewide overall workers’ compensation rate decrease of 9.8 percent, a slightly higher decrease than the 9.6 percent decrease filed by the National Council on Compensation Insurance (NCCI) back in August. Altmaier’s order …

Florida Workers’ Comp Rate Hearing Scheduled for Oct. 18

The Florida Office of Insurance Regulation (OIR) will conduct a public hearing to discuss the National Council on Compensation Insurance’s (NCCI) proposed overall statewide average workers’ compensation premium decrease of 9.6 percent on Oct. 18 at 1:00 pm EST. The …

Florida Workers’ Comp Premiums Going Down? NCCI Files for 9.6% Decrease

Just under a year since Florida workers’ compensation rates shot up by 14.5 percent, Florida businesses may get some relief in their workers’ comp premiums. The National Council on Compensation Insurance (NCCI) has recommended to Florida regulators an overall premium …