Florida Insurance Commissioner David Altmaier said he will 'consider' the request for a rate freeze.
Florida employers will see reductions in their workers’ compensation rates for the upcoming year, but just how much of a rate reduction Florida’s top insurance regulator requires is yet to be seen.
While the National Council on Compensation Insurance (NCCI) proposed an average 8.4% rate reduction signaling a good 2023 forecast, Florida Insurance Commissioner David Altmaier is being asked to ensure low rates in 2024 and beyond for Florida’s roofing industry.
Florida Roofing and Sheet Metal Association President Matthew Criswell said Friday he worries that rate increases may be in the future.