“In an unprecedented year, thanks to Governor DeSantis’ decisive leadership, the Office of Insurance Regulation was able to act quickly to take proactive steps to protect consumers,” said Insurance Commissioner David Altmaier. “I remain resolute in my commitment to consumer protection, and while 2020 has provided challenges, we have risen to meet them. As we move forward, OIR will continue its work to promote a stable and competitive insurance market for Floridians.”
The new rate applies to both new and renewal workers’ compensation insurance policies effective in Florida as of January 1, 2021.
Gov. Ron DeSantis and Florida Insurance Commissioner David Altmaier announced a drop in workers’ compensation insurance rates in the Sunshine State.