Employers in Florida will be paying more for workers’ compensation coverage next year following the state insurance chief’s approval of an 8.9 percent statewide average rate hike. Florida Insurance Commissioner Kevin McCarty said that he will approve the 8.9 percent …
Florida employers could have to pay more in workers’ compensation premiums if regulators go along with a proposed statewide average 8.9 percent rate hike. The rate change may also trigger legislative action to clamp down on doctor-dispensed drugs and the …
Massachusetts regulators and insurers have agreed that workers’ compensation rates will not rise. Last month, the industry filed for a 6.6 percent average increase effective Sept. 1 but insurers have agreed to hold rates at current levels at least until …
