Lower Workers’ Comp Rates The Florida Office of Insurance Regulation (OIR) lowered workers’ comp rates by 8.4 percent overall. Rates will go into effect beginning on January 1, 2023 or whenever your workers’ comp policy renews. Again this year, FRSA President Matt Criswell testified before the OIR, asking for stability in the rates or a rate freeze for roofing classification code 5551. With the uncertainty in the insurance market, FRSA supported rate consistency for the coming year. We
reached out to members asking for their support by contacting the OIR with the same message. Many thanks to all who sent emails and letters. Looking for workers’ comp insurance with exceptional customer service, a drug-free workplace program and the potential for dividends? Call 800767-3772 ext. 206 and speak with Alexis at the FRSA Self Insurers Fund for more information.
Workers’ Comp Rates for January 1, 2023 Rate Comparison - January 1, 2022 vs. January 1, 2023 Classification
Code
1/1/22 Rate
1/1/23 Rate
Change
Sheet Metal Products Mfg. Only
3076
$3.86
$3.48
(9.84%)
Sheet Metal Installation
5535
$7.62
$6.85
(10.10%)
Heating, Ventilation, A/C, Refrig.
5537
$4.63
$3.86
(16.63%)
Roofing – All Kinds & Drivers
5551
$11.41
$10.57
(7.36%)
Executive Supervisor
5606
$1.14
$1.05
(7.89%)
Sales Estimator
8742
$0.32
$0.29
(9.37%)
Clerical
8810
$0.16
$0.15
(6.25%)
Painting NOC
5474
$7.14
$6.55
(8.26%)
Contractors Permanent Yard
8227
$5.16
$4.56
(11.62%)
Carpentry Residential
5645
$12.61
$11.44
(9.27%)
Carpentry NOC
5403
$6.17
$5.30
(14.10%)
Masonry NOC
5022
$8.68
$7.45
(14.17%)
Because every house deserves a safe roof.
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FLORIDA ROOFING | December 2022
Mer ry Chr is tmas !