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Florida Touts Workers’ Comp Market Competition But Warns on Court Rulings

December 23, 2014

 

Florida’s workers’ compensation market remains competitive and well-capitalized, with loss ratios that are among the lowest among larger states, according to the latest report from the state’s insurance regulator.

 

At the same time, the report warns that several court cases now pending and an erosion of costs savings from reforms enacted in 2003 that could throw a monkey wrench into the market’s otherwise stable  operations.

 

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