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FWCJUA Files for 6.6% Overall Average Premium-Level Decrease

Monday, December 22, 2014 | 0

The Florida Workers Compensation Joint Underwriting Association has filed revised rates to effectuate an overall average premium-level decrease of 6.6% that will take effect on Jan. 1, FWCJUA wrote to Insurance Commissioner Kevin McCarty. FWCJUA said it was filing to implement the already-approved voluntary market rate decrease of 5.2% for 2015. It included an Actuarial Memorandum in its letter to McCarty with accompanying data and the derivation of the premium-level surcharges it will apply. “As indicated in the enclosed Actuarial Memorandum, the estimated premium effect of the Ja...

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