Update on Florida Proposed Workers’ Comp Rate Increase

Several months ago information was posted regarding the proposed Florida work comp rate increase. This rate increase would apply to new and renewal policies effective 12/1/2016.
Last week a judge halted the rate increase.  Please visit the link below to view the latest from the Florida Office of Insurance Regulation (OIR). The Florida Work Comp Rate increase will happen as of now pending the appeal.  All new and renewal policies as of 12/1/2016 will have the new rates originally approved by the OIR until  further instruction.

http://www.floir.com/PressReleases/viewmediarelease.aspx?id=2186
Information Provided by:

Ed Wonders CRIS, CWCU | Insurance Consultant/Bond Specialist
Fisher Brown
1701 W. Garden St. | Pensacola, FL  32502
office 850-444-7633 | cell 850-206-9826  | fax 850-438-4678
ewonders@fbbins.com
www.fbbins.com

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