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The National Council on Compensation Insurance is recommending an average 8.4% cut in workers’ compensation rates for the Florida voluntary market – the seventh straight reduction and double the size of the decrease for this year. The recommendation, which will be reviewed by the Florida Office of Insurance Regulation, was based on Florida insurers’ favorable experience and trends in 2019 and 2020, as of the end of 2021, the NCCI said in a summary of its filing. The analysis found that lost-time claims have declined over the last eight years and indemnity costs have remained relatively consistent, although medical costs have been slightly more volatile. Click to read more:

Unlicensed contractors, all without proper workers’ compensation insurance on their workers, have been charged in another law enforcement sting operation in Florida, authorities said. The state’s chief financial officer and the Pasco County Sheriff’s office announced Thursday that 13 people were arrested after a sting in Tarpon Springs in April. The news release did not explain how the operation worked, but in previous stings, authorities have advertised for bids on construction work, posing as property owners. When contractors showed up to look at the job, their contractor licenses and workers’ comp were checked – and found to be lacking. Click here to read more.