Florida workers’ comp premiums to drop again — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
  • LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Florida workers’ comp premiums to drop again

Get PDF file

by on
in Human Resources

The workers’ compensation premiums Florida employers pay are set to drop for the sixth time in the past five years, and by a record amount. Insurance Commissioner Kevin McCarty approved an 18.6% rate cut.

Whether that trend will continue is doubtful, however, as the Florida Supreme Court recently overturned the cap on lawyers’ fees instituted during the compensation reforms of 2003, a measure credited with much of the savings reflected in past rate cuts.

Leave a Comment

Previous post:

Next post: