Tag: rate hike
Image via Amy Donofrio

Staff ReportsJune 5, 2017
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2min325
State utility regulators on Monday refused to let Duke Energy Florida add $4.70 to customers’ bills effective on July 1 to cover rising fuel costs. The Florida Public Service Commission, which regulates investor-owned utilities, voted instead to make the utility wait until this fall to propose a fuel-cost adjustment. Any increase would begin to take effect July […]

Jim RosicaOctober 6, 2016
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4min466
As expected, state insurance regulators have issued a final order jacking up the price of worker’s compensation insurance by nearly 15 percent. The order was published Thursday. The decision approves the National Council on Compensation Insurance (NCCI) request “for an overall combined statewide average rate increase of 14.5 percent,” the Office of Insurance Regulation said in a […]

Staff ReportsOctober 5, 2016
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3min189
NFIB/Florida Executive Director Bill Herrle on Wednesday criticized workers’ compensation insurers for pushing through a 14.5 percent rate increase this month. Herrle called the increase “massive” and said it would “undoubtedly hurt small businesses by threatening their ability to keep their doors open and employ Floridians.” The National Federation of Independent Business calls itself “the nation’s leading small-business advocacy group,” according […]


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