Tuesday, June 12, 2018

DFS Announces Assessment Rates

The Florida Department of Financial Services, Division of Workers' Compensation (DWC) issued an Informational Bulletin (DFS-02-2018). The Bulletin advises insurers, self-insurers, and other related stakeholders that Florida's Chief Financial Officer has issued an Order (Case No. 226968-WC) setting the WCATF assessment rate for Calendar Year 2019. This rate has been reduced from the 2018 rate of 0.97% to the 2019 assessment rate of 0.90%. This is the seventh consecutive annual assessment rate decrease for the WCATF. 

The Florida Department of Financial Services, Division of Workers' Compensation issued another Informational Bulletin (DFS-01-2018). The Bulletin advises insurers, self-insurers, and other related stakeholders that Florida's Chief Financial Officer has issued an Order (Case No. 226970-WC) setting the assessment rate for the SDTF for Calendar Year 2019. The SDTF rate has been reduced from the 2018 rate of 0.91% to the 2019 assessment rate of 0.42%. This is the ninth consecutive annual assessment rate decrease for the SDTF.