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Press Release

Office Orders Slightly Larger Workers’ Compensation Insurance Rate Decrease for 2019
Friday, November 2, 2018
Contact Info:

Karen Kees
(850) 413-2515                      
press@floir.com   
                  

TALLAHASSEE, Fla. – Florida Insurance Commissioner David Altmaier issued an Order ​today notifying the National Council on Compensation Insurance (NCCI) that its 2019 rate filing proposing a 13.4 percent decrease, if amended by November 7, 2018, will be approved as a slightly larger workers’ compensation rate decrease of 13.8 percent. Approval of a revised rate decrease is contingent on the amended filing being submitted with changes as stipulated within the Order. If approved by OIR, the revised rate decrease would become effective on January 1, 2019, for new and renewal business.

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Contact Info:

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 OIR, please visit our website or follow us on Twitter @FLOIR_comm

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