TALLAHASSEE, Fla.— Florida Chief Financial Officer (CFO) Jimmy Patronis released the following statement on the National Council on Compensation Insurance's (NCCI) recent proposed workers’ compensation rate decrease of 13.4 percent for most employers in Florida.

 

“We’ve seen the cost of doing business in Florida continue to drop. The news that workers’ compensation rates will see a possible decrease of 13.4 percent is a testament to our commitment to ensuring Florida is an attractive place for all business owners.

 

“We must keep a vigilant eye on Florida’s workers’ compensation insurance marketplace to make certain we don’t return to the age of skyrocketing rates.”