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.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
