NCCI Seeks to Raise Florida Workers' Compensation Rates by 17% in Light of Court Ruling

NCCI Seeks to Raise Florida Workers' Compensation Rates by 17% in Light of Court Ruling

Insurance Journal (05/31/16)

Florida businesses could soon be paying almost 20 percent more for workers’ compensation coverage. In response to a recent decision from the Florida Supreme Court, the National Council on Compensation Insurance (NCCI) filed a 17.1 percent rate increase with the Florida Office of Insurance Regulation (OIR) for all new, renewal and additional policies in effect on a “pro-rata” basis.

Click here to read more about this.

Close