FL Insurance commissioner orders a 1% reduction in workers’ comp rates; some say savings should be used to increase wages

Not all insurance rates in Florida are increasing. Florida Insurance Commissioner Mike Yaworsky on Monday ordered an average 1% rate decrease in workers’ compensation rates effective Jan. 1. The decrease applies to both new workers’ compensation policies as well as renewals. “I’m pleased to announce that Florida businesses…

Story continues

TRENDING NOW

LATEST LOCAL NEWS