Workers’ Compensation Insurance

Summary

The bill caps the percentage of an insurer’s policies that may carry excess rates—20% for workers' compensation, 10% for other commercial lines, and 5% for personal lines—while excluding certain policies linked to the joint underwriting plan for the first three years. It also revises the nine‑member board of the Florida Workers' Compensation Insurance Guaranty Association, specifying new appointment sources and terms. The changes would become effective on July 1, 2026, but the measure died in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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