Florida Workers' Compensation Rates Reduced For 5th Consecutive ...

Most importantly, the Florida Office of Insurance Regulation approved an overall rate reduction of 18.4 percent, effective Jan. 1, 2008, marking the fifth ...

OIR Approves an 15.1% Decrease in Workers' Compensation ...

Florida Insurance Commissioner Michael Yaworsky issued a Final Order granting approval to the National Council on Compensation Insurance (NCCI) ...

Summary of the Proposed Florida Workers Compensation Rate ...

The National Council on Compensation Insurance (NCCI)1 is pleased to provide this summary of the accompanying proposed workers compensation ...

OIR Approves a 4.9% Decrease in Workers' Compensation ...

OIR Approves a 4.9% Decrease in Workers' Compensation Insurance Rates for 2022. Nov 12, 2021. TALLAHASSEE, Fla. – Today, Florida Insurance Commissioner ...

Workers' Compensation System Guide

NOTE: The maximum number of weekly benefits was impacted by Florida Supreme Court Case No. SC13-1930 & 1976; Westphal v. City of St. Petersburg.

Proposed historic drop in Florida workers' comp rate draws concern

Proposed average workers' compensation rate decrease of 15.1% proposed by the National Council on Compensation Insurance draws concerns.

2024 Florida Workers' Compensation Rates Decrease 15.1%

In late 2023, after recommendations from the National Council on Compensation Insurance (NCCI), the Florida Insurance Commissioner issued a ...

Office of Insurance Regulation approves workers' compensation rate ...

Florida's Office of Insurance Regulation approved a 15.1 percent decrease in industrial and a 12.6 percent decrease in "F" class workers' ...

NCCI Calls for Average 15% Decrease in Florida Workers ...

The National Council on Compensation Insurance has proposed an average 15.1% decrease in rates for Florida, starting Jan. 1.

Proposed 5.4% Reduction in Workers' Compensation Rates

In its latest filing, the National Council on Compensation Insurance (NCCI) has proposed a statewide average premium decrease of 5.4%.

NCCI Seeks to Decrease Workers' Compensation Rates

Florida Record, September 16, 2019. TALLAHASSEE — The National Council on Compensation Insurance (NCCI) has filed a proposed rate drop for ...

NCCI Recommends Reduction for Florida Workers' Comp Rates

Workers' compensation rates in Florida should decline by 1%, according to rate proposal from the National Council on Compensation Insurance, ...

NCCI Recommends Workers' Compensation Rate Cuts for 2025

NCCI recommended a 6.1% overall average reduction in workers compensation premium rates for the voluntary market in 2025.

Workers' Comp Rates to Decrease for Fifth Consecutive Year

Lower premiums do not change the amount of compensation an injured employee receives. The Delaware Compensation Rating Bureau (DCRB) agreed to ...

Employer Frequently Asked Questions

Who needs Workers' Compensation Coverage? Construction Employers who have 1 or more employees, including any non-exempt business owners;; Non-Construction ...

Florida Work Comp Insurance Rates to Decrease in 2023 - StaffMarket

On November 7, 2022 the Florida Office of Insurance Regulation Approved an 8.4% Decrease in Workers' Compensation Insurance Rates for 2023.

Florida Workers' Comp Rates Going Down, Again - Insurance Journal

The latest filing from the National Council on Compensation Insurance (NCCI) proposes an average statewide rate decrease of 5.7% in the ...

Workers' comp rate changes affecting Florida, New Jersey & Oregon

New Jersey also announced an increase in both the maximum and the minimum weekly benefits available to workers' comp claimants.

Workers' Comp Rates Decrease for 2022 - Work Comp Specialists

Surprisingly, NCCI announced that none of Covid-19 benefit payments are included in the rate filing. Defined as a catastrophic event, these future amounts will ...

The 2024 Florida Statutes - Online Sunshine

The workers' compensation system in Florida is based on a mutual renunciation of common-law rights and defenses by employers and employees alike. In addition, ...