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TwitterFacebookGoogle+LinkedinPrintEmail The Florida Office of Insurance Regulation (OIR) recently approved a statewide workers’ compensation rate increase of 14.5% that took effect at the end of 2016. This means that the rates insurance companies charge businesses to insure them agains 
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The Florida Office of Insurance Regulation (OIR) recently approved a statewide workers’ compensation rate increase of 14.5% that took effect at the end of 2016. This means that the rates insurance companies charge businesses to insure them against employee injuries will go up, overall.
The insurance industry blames the rate increase on two recent Florida Supreme Court rulings that reversed reforms that were passed in 2003. No matter what the reason, the increase is sure to shake up businesses and increase insurance companies’ profits.
(click on this article to learn more)
https://www.dolmanlaw.com/new-port-richey-workers-compensation-lawyer/