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Fla. OIR Report Points To Healthy, Competitive Workers' Comp. Market

Florida's workers' compensation market remains competitive and affordable, and with a few exceptions, coverage is available to employers, according to an annual report from the state's regulator.

By Phil Gusman | Updated on January 04, 2011

NU Online News Service, Jan. 5, 3:27 p.m. EST

Florida’s workers’ compensation market remains competitive and affordable, and with a few exceptions, coverage is available to employers, according to an annual report from the state’s regulator.

In its “2010 Workers’ Compensation Annual Report,” which is mandated by statute, the Florida Office of Insurance Regulation (OIR) said, “Based on the number of entities and market shares of actively writing companies in the market, the number of entities entering and exiting the market, and the financial performance of the entities in the market, Florida’s workers’ compensation market can readily be characterized as a competitive market.”

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