November 18, 2025 Florida’s insurance commissioner has approved a 6.9% average decrease in workers’ compensation rates for the voluntary market for 2026, marking the ninth straight year of rate cuts in the state.   The average rate reduction will be for new and renewal workers’ comp policies, starting Jan. 1. Like most states, Florida has seen a steady drop in experience, or worker injury rates, in the last decade in most job classifications. Florida also has seen a decline in workers’...

October 20, 2025 The National Council on Compensation Insurance is again recommending a reduction in workers’ compensation rates in Florida and Alabama, and regulators in both states have scheduled public hearings about the proposed changes. In Alabama, the NCCI recently called for a 4.5% average reduction in loss costs, effective March 1, 2026. That follows a 6.1% decrease for 2025, approved late last year. The NCCI also is recommending a 3.6% decrease in the assigned risk rate level in...

October 14, 2025 A construction firm owner in Miami greatly underreported his company’s payroll, defrauding a workers’ compensation insurer of more than $380,000 in premiums, Florida authorities said Monday.   Jose Arias-Reyes, president of AR Carpentry Services, is an illegal alien who has twice been deported, only to re-enter the United States, Florida’s Chief Financial Officer said in a bulletin.   “Florida does not tolerate illegal immigration, nor do we tolerate criminals who take...