August 27, 2018, Tallahassee – The following is a statement from Bill Herrle, NFIB’s Executive Director in Florida, on today’s filing by the National Council on Compensation Insurance (NCCI) proposing a 13.4 percent decrease in workers’ compensation rates:
“The small business economy in Florida is hot, and it’s going to get a lot hotter as a result of today’s great news from NCCI.
“Lower workers’ comp rates equals a direct reduction in small business owners’ expenses, which means big things for growth. Small business owners are reporting record high levels of optimism, according to NFIB’s Small Business Optimism Index, and news like lower workers’ comp rates fuels their confidence. Small business owners are in the driver’s seat and Florida’s economy can look forward to the results – increased job growth, increased wages, and unprecedented expansion overall for the small business sector.”
FOR IMMEDIATE RELEASE
CONTACT: Kristen Butler, 850-681-0416, Kristen.Butler@nfib.org