Floridians lost 309 people as a result of workplace accidents and injuries in 2016. Up from the previous year, the number of accidents and fatalities in Florida is growing faster than anywhere else in the nation. The state outperforms the national average in falls, trips, slips, and exposure to harmful substances or environments. You might think that you… Continue reading An Employer’s Guide to Workers Comp Requirements in Florida
Category: Blog
October 21, 2016
Blog
Workers’ Compensation Classification Code
Proper Workers’ Comp classification codes, Explained. Even the National Council Compensation Insurance (NCCI) recognizes the complexity of the Workers’ Compensation classification system; however, proper classification is of most importance as it makes a big difference in rates and premiums. NCCI has created a system of 600 plus classification codes, with the intention of covering… Continue reading Workers’ Compensation Classification Code
September 27, 2016
Blog
[PEO] Professional Employer Organization- Employee Leasing
Professional Employee Organization (PEO). The History of PEO Organizations. Employee leasing policies first came into existence in the late 1960s as an alternative to traditional Stand Alone Worker’s Compensation policies. Up until this point companies that could not secure worker’s compensation through the private markets were forced to secure workers comp through state… Continue reading [PEO] Professional Employer Organization- Employee Leasing
September 22, 2016
Blog
Stand Alone verses Pay-As-You-Go Workers Comp Policies Florida
Stand Alone versus Pay-As-You-Go Workers’ Comp Policies. Any and all construction businesses with one employee or more are required to have worker’s compensation insurance. If you are a non-construction business then you are only required to have workers comp when you have four or more employees, full or part time. With a pay-as-you-go payroll service,… Continue reading Stand Alone verses Pay-As-You-Go Workers Comp Policies Florida
September 22, 2016
Blog
Changes coming to Florida Worker’s Compensation Costs | October 2016
Changes are coming to Florida Workers Comp Costs in October 2016 Substantial changes are coming to the costs associated with workers compensation coverages in the state of Florida. Recent decisions from the Florida Supreme Court have prompted the National Council on Compensation Insurance (NCCI) to file a 19.6 percent rate increase with the Florida Office… Continue reading Changes coming to Florida Worker’s Compensation Costs | October 2016