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Florida workers' comp rate cut to ease businesses' load

November 1, 2017

 

State Insurance Commissioner David Altmaier has ordered a 9.8 percent decrease in the premiums businesses pay for workers' compensation insurance beginning next year.

 

He also ordered the National Council on Compensation Insurance to include in all future recommended rate

filings a “quantitative analysis” of the impact that eliminating attorney-fee caps have had on the workers' compensation system. NCCI is an organization that files recommended rates on behalf of insurance companies.

 

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