by Michele Ferioli | Jul 17, 2025 | Workers Comp
Recently the topic of Work Comp insurance through a payroll or employee leasing company has come up with some of our insureds, so we thought this to be a good topic for FYI Friday. 😊 We understand that using a payroll company or a PEO (Professional Employer... by Steve Hall | May 24, 2023 | Workers Comp
Workers comp is a big expense for most companies. Most companies don’t know just how much more they “actually” pay, than what they “could” pay. Many businesses could reduce their worker comp insurance costs by 20 to 50% with a very modest effort. Why don’t they? Here... by Steve Hall | May 24, 2023 | commercial, Insurance, Workers Comp
The Florida Insurance Commissioner has approved an 8.9% increase in workers’ compensation rates effective 1/1/12. This follows a 7.8% increase this past year. Increasing claims frequency and rising drug costs were cited as the primary cost drivers in the... by Steve Hall | May 24, 2023 | commercial, Insurance, Workers Comp
In 2011, Workers Compensation rates in the state of Florida increased by 7.8%. In 2012, those rates increased by an additional 8.9%. Judging by the state of the industry and the fact that nationally, workers compensation insurers are losing 18 cents on...