WMFE is Central Florida's primary provider of NPR programming on 90.7 FM and Classical Music on 90.7 HD2. Part of the community since 1965, WMFE focuses on providing quality national and local news and programming. We inspire and empower all Central Floridians to discover, grow and engage within and beyond their world.
CLOSEOpt Out: I already like WMFE!

Like us on Facebook!

Support for 90.7 WMFE is provided by

Central Florida News


Florida Business Group Battles Proposed Workers’ Comp Insurance Hike

by Jim Ash (WFSU)

Business groups are sounding the alarm about a proposed 17 percent hike in workers’ compensation insurance rates.

A consortium asked Florida regulators for the increase, estimating it would cost state businesses a combined $623 million.

Bill Herrle, executive director of the National Federation of Independent Business in Florida, called it a hidden tax.

“That’s just unsustainable for many independent business owners,” said Herrle. “So NFIB is seeking answers that we can bring before the [state] legislature and we are making known that this is a very dire threat to Florida’s economy.”

Workers’ compensation is the health insurance program that pays for on-the-job injuries. The rate request was prompted by a recent Florida Supreme Court ruling invalidating the system’s method for compensating attorneys.

If Florida’s Office of Insurance Regulation approves the request, the rates could take effect August 1st.


Sign Up For 90.7 WMFE's Newsletter

Catch up on the latest Central Florida news and get updates on programs, events and more.

SUBSCRIBE

WMFE Journalistic Ethics Code | Public Media Code of Integrity

TOP