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Office Statement

Office Orders Slightly Larger Workers’ Compensation Insurance Rate Decrease for 2018
Wednesday, November 1, 2017
Contact Info:

Amy Bogner/Karen Kees
(850) 413-2515
press@floir.com                     ​ 

TALLAHASSEE, Fla. – Florida Insurance Commissioner David Altmaier issued an Order​ late yesterday notifying the National Council on Compensation Insurance (NCCI) that its 2018 rate filing has been disapproved and, if amended by November 7, 2017, will be approved with a slightly larger workers’ compensation rate decrease. Approval of a revised rate decrease is contingent on the amended filing being submitted with changes as stipulated within the Order. If approved by the Office, the revised rate decrease would become effective on January 1, 2018 for new and renewal business.​

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Contact Info:

Amy Bogner/Karen Kees
(850) 413-2515
press@floir.com                     ​ 

About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about the Office, please visit www.floir.com or follow us on Twitter @FLOIR_comm. ​

 

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