Florida employers could see another round of decreases in the costs of their workers’ compensation insurance. The National Council on Compensation Insurance (NCCI) is recommending that workers’ compensation rates be reduced by an average 7.4% beginning Jan 1, 2027. NCCI is the licensed rating organization in Florida, authorized to suggest workers’ compensation rates. NCCI’s filing […]
Posted inLabor
Florida employers could see a 7.4% average reduction in workers’ comp costs
The reduction is largely driven by a reduction in the frequency of “lost-time claims,” when employees miss work because of injuries.
