Thank you for sharing!

Your article was successfully shared with the contacts you provided.

When lawmakers in 2003 enacted the first comprehensive set of workers’ compensation reforms in a decade, the driving political force was the protest from employers who were up in arms over the lack of available and affordable coverage. Now, some two-and-a-half years later, there are strong signs that the legislative intent of the reforms are working, as employers are benefiting from a highly competitive market. Lower rates aside, a reduction in costs, and a stable regulatory environment, are proving to make Florida once again an attractive market (as witnessed by the addition of 16 new carriers into the state since 2004). Now, as further evidence of the market’s successful rebound, the Office of Insurance Regulation has issued a new report that paints a picture of the market making gains both statewide and nationally, which presents the very real possibility that carriers may rack up their best numbers in years.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.