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5730 Corporate Way, Suite 230 West Palm Beach, FL 33407 Toll Free : 800-883-5600 |
The Florida Office of Insurance Regulation said it has approved an overall decrease of 5.2 percent in workers’ compensation insurance rates in Florida, the first decrease in four years.
As expected, The National Council on Compensation Insurance (NCCI), which represents about 250 insurers, submitted a new rate filing at the direction of the OIR, following OIR’s disapproval of NCCI’s rate filing request for an average 3.3 percent decrease.
Insurance Commissioner Kevin McCarty signed the final order making the new rates effective January 1, 2015 for both new and renewal policies.
Presently, NIAS, Inc. is the sole nationwide provider of a turnkey data system that has been validated by a state insurance department to permanently lower experience modifiers averaging 27 points.
Firm: NIAS, Inc.
5730 Corporate Way,
Suite 230
Toll Free: 800-883-5600
Local: 561-697-4500
Fax: 561-689-1009
Email: info@acucomp.com
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