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October 28, 2004
Florida ups ante on rate decrease for workers comp
The Florida Office of Insurance Regulation on Wednesday rejected a request for a 1 percent cut in workers compensation premiums statewide.
Instead, state regulators want a 5 percent rate reduction. Both the Office of Insurance Regulation and Boca Raton-based NCCI, which annually makes a rate filing on behalf of all workers compensation insurance carriers in Florida, expect the matter to be settled amicably.
Posted by Tom Troceen