ConsultStu

Florida Work Comp Rates Heading Down in 2026 – 6.9% Cut Recommended

The National Council on Compensation Insurance (NCCI) is recommending that the Florida Office of Insurance Regulation reduce workers’ compensation rates by an average of 6.9%, starting Jan. 1, 2026. NCCI is the nation’s most comprehensive source for workers’ compensation data, insights and solutions. It is a licensed rating organization authorized to make recommended rate filings on behalf of workers’ compensation insurance companies in Florida.

Reducing rates is being recommended because of improved loss experiences at Florida companies between 2022 and 2024. In addition, the claim frequency in 2024 decreased faster than the average long-term rate of decline. Inflation drove the average medical and indemnity claim severity up in 2024, but the main driver for the increased cost was increased utilization of medical services by injured workers. Indemnity claims also increased due to wage increases.

In November, the Florida Insurance Commissioner will issue a Final Order and either grant approval of the NCCI Recommendation or take another action. Last year, the Commissioner granted a 1.0% decrease in statewide overall workers’ compensation insurance rates in 2025.

If your business needs assistance understanding the specific classification codes affecting your industry, or how claims impact your experience modification rate (EMR), give us a call. Consultstu works with many companies to bring down the cost of workers’ compensation, handle questions related to specific claims and implement company-wide strategies that keep WC costs as low as possible.

HR Categories

1095C form 300 Log 401(k)8(a)(1)Accommodation Affordable Care Act Americans with Disabilities Act Arbitration ARPA Audits Background screening Bilingual Bonuses Business Expenses Cannabidiol (CBD)CDC CDL CFPB charity Child labor CHIP Notice Christmas party Clearinghouse COBRA Commercial Motor Vehicle Driver Company Culture Company Property Compensation Compliance Concerted Activity CONNECT Construction consultstu Consultstu Team Contagious disease Coronavirus Craft Beer DEI Department of Labor Direct Threat Disabilities Discrimination DOT Downsizing and Restructuring Dress Code Drivers Drug and Alcohol Drug Free Workplace E-Verify EEO-1 Form EEOC Employee benefits Employee Handbook Employee Illness Employee Injury Employee Misconduct Employee Policies Employee Recognition Employee Referral Employee Rights Employment Poster ERISA Essential functions Executive Order Exempt Employee Exit Interview Fair Credit Reporting Act Fair Labor Standards Act Fall Protection Federal Contractors FFCRA Financial Well-being Firearm Fitness for Duty Florida rules Fluency FMCSA FMLA Form 5500 Form W-4 Fractional HR FTC Gender Non-conformity General HR Questions Goal Setting GPS Group Health Insurance Harassment Hiring Holidays HR Compliance HR Costs HR Resources HR software HR templates HSA Human Resources Human Trafficking I9 Form Immigration Independent Contractor Individualized Assessment Injury Statistics Insurance Interviews Investigations IRS ITA Job Description Job Post Joint Employer K1 Leave of Absence Leaving a PEO Management Manager Medical Exams Medical Marijuana mental health Military Appreciation Minimum Wage Morale National Origin New Hire NLRB No-match letter Non-complete Agreements Onboarding Opioids OPT OSHA Outplacement Overtime Paid Leave Pay Cards Pay or Play Paycheck Protection Program Payroll Payroll Protection Program Performance Improvement Plan Performance Review Personnel File Post offer medical questionnaire Posters Pregnancy Promotion Publix Immigration Certification Reasonable Accomodation Recall Letter Record Keeping Recruiting Religion Remote employees Restaurants Resume Retaliation Retention Retirement Rewards Risk Management Safety Salaried employees SBA Section 7 Rights Self Appraisal Sick Leave SMART goals Social Media Social Security card Start up Taxes Temporary Employee Termination Tipped Employees Title VII TPD Benefits Training Unemployment Uniforms USCIS Vaccines Volunteer W2 W4 Wage and Hour Wellness program Work from Home Workers Compensation Workplace Monitoring Workplace Violence Wrap Plans

Show All Categories

Show Less Categories