Tallahassee, FL – Florida Insurance Commissioner David Altmaier recently issued an Ordernotifying the National Council on Compensation Insurance (NCCI) that its 2019 rate filing proposing a 13.4 percent decrease, if amended by November 7, 2018, will be approved as a slightly larger workers’ compensation rate decrease of 13.8 percent.

Approval of a revised rate decrease is contingent on the amended filing being submitted with changes as stipulated within the Order.

NCCI is a licensed rating organization authorized to make rate filings on behalf of workers’ compensation insurance companies in Florida. For more information about the filing, read the NCCI 2019 Filing Summary. ​

If approved by OIR, the revised rate decrease would become effective on January 1, 2019, for new and renewal business.