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Insurance Journal
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The downward trend for Florida workers’ compensation rates is
set to continue next year thanks to favorable loss experiences from policy
years 2017 and 2018. The latest filing from the National Council on
Compensation Insurance (NCCI) proposes an average statewide rate decrease of
5.7% in the voluntary market. It will take effect Jan. 1, 2021 if approved by
the Florida Office of Insurance Regulation, which is currently reviewing the
proposed rates.
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Wednesday, September 9, 2020
Florida workers’ comp rates going down, again
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