IT’S OFFICIAL – FL RATES INCREASE 14.5% FOR WORKERS’ COMPENSATION

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Florida Workers’ Compensation Insurance

Announced yesterday, NCCI filed the approved 14.5% rate increase with the OIR on October 4, 2016.  The effective date of the Workers’ Compensation increase is December 1st, 2016 and no amendment has been made to the ruling that this will only affect new and renewal policies.

12-1-16-fl-rates-by-code Click here for the spreadsheet of all updated rates by class code.

For more information visit: http://www.insurancejournal.com/news/southeast/2016/10/11/428955.htm

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