Is workers’ compensation required in Florida? In short, yes. Employers are required to carry workers’ compensation. It is necessary to provide injured employees with monetary relief if they find themselves injured on the job. It’s a benefit for the workers in the event they cannot continue to work due to a work-related injury. If they […]
2016 Workers’ Compensation Rate Hike
The good news: It was not a 20 percent rate hike as previously proposed. The “eh” news: The rate hike was 14.5 percent and takes effect on December 1 of this year. The rate hike has had a fraught history since its introduction in May, and needed a revision based largely on two interim court […]
Satisfying Workers’ Compensation Requirements in Construction
You’ve started a small business in construction, and now you have to figure out all of the requirements of your state for insurance and workers’ compensation. Most of the states in the U.S., barring a few exceptions, make it a requirement that employers buy and provide workers’ compensation insurance to their employees. Florida is no […]