Florida’s Office of Insurance Regulation recently issued a final order approving the rate increase of 0.7 percent for workers’ compensation rates in Florida.
The approval was issued after the National Council on Compensation Insurance (NCCI) resubmitted a corrected rate filing following a disapproval of the original rate filing request seeking a 1 percent rate increase.
The final order was signed on Oct. 30, 2013 and the rates become effective on Jan. 1, 2014.
Source: Florida Office of Insurance Regulation
Was this article valuable?
Here are more articles you may enjoy.
Intersecting Risks and the Future of Construction Insurance 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
Big I: Independent Agencies’ Market Share Up Slightly in 2025 
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
