Florida regulator approves 14.5% workers' comp hike

The Florida Office of Insurance Regulation has granted
contingent approval to an average state-wide increase of 14.5
percent for workers' compensation policies.
The hike will become effective from 1 December for all new and
renewal business, with no change for policies currently in
force.
The move follows an initial request in May by industry
representative body the National Council on Compensation Insurance
for a 19.6 percent rate increase to address issues raised by a
series of legal cases in