Pensacola Chamber Slams Proposed Workers' Compensation Rate Hike

The Greater Pensacola Chamber vowed Tuesday to fight a proposed 17.1% rate increase for workers’ compensation in Florida. The Florida Department of Financial Services will consider the rate increase — proposed by the National Council on Compensation Insurance — later this summer. The proposed rate hike was triggered by a recent state Supreme Court ruling that a cap on claimants’ attorney fees was unconstitutional. “We surveyed our Chamber membership and found that our local business community is adamantly opposed to this workers’ compensation...