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Workers’ compensation rate cut explored

Fewer workers are filing workers’ compensation claims, helping lower the costs Florida employers will pay for insurance next year.

How big of a reduction in rates will be decided by Florida Insurance Commissioner David Altmaier, who held a rate hearing Wednesday in Tallahassee.

The National Council on Compensation Insurance, which proposes rates on behalf of all workers’ compensation carriers, has proposed an overall average 9.6 percent reduction in premiums for 2018.

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