Florida ranks 28th in the nation for workers’ compensation premium rates, according to The Workers' Compensation Premium Rate Ranking Summary from Oregon’s Department of Consumer and Business Services.
The report reveals that Florida businesses spend $1.82 for every $100 of payroll on workers’ compensation expenses. California has the highest premium rates at $3.48 per $100 of payroll and North Dakota has the lowest at just 88 cents per $100 of payroll, according to the summary.
