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Florida Regulators Approve 14.5% Workers Compensation Rate Increase

Last month, the rate impact of recent Florida Supreme Court rulings on the state’s workers compensation system was in the hands of regulators, as the Office of Insurance Regulation (OIR) decided on the National Council on Compensation Insurance’s (NCCI) filing seeking a 19.6 percent rate increase.

Implementing a Drug-Free Workplace Program

Substance abuse is common among working adults and the associated risks can be high for employers. Employees who abuse drugs have been shown to have lower job performance, decreased productivity, greater absenteeism, higher healthcare costs and workers’ compensation costs.

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