Roofers wary of lower workers' comp rates
Leaders of the Florida Roof ing and
The arguments came during a hearing held by the
While it might seem counterintuitive for an industry group to oppose reducing rates, leaders of the roofing contractors association - which has a self-insurance fund - expressed concerns about stability and a potential increase in future claims.
"FRSA believes that considering recent hurricanes and those over the past few years, we will begin to see more inexperienced labor hired as contractors struggle to keep up with the growing demand for work,"
The
As an example, regulators approved a 15.1 percent decrease that took effect this year and an 8.4 percent decrease that took effect in 2023.
During Tuesday's hearing, NCCI officials presented their 2025 proposal. A summary released in August by NCCI described the workers' compensation system as "healthy" and said that while "consumer inflation has been elevated, the inflation for workers' compensation medical costs remained stable." It also said a combination of continued claims "frequency declines and moderate benefit costs at or below the level of wage growth, have continued to put downward pressure on overall WC (workers' compensation) system costs relative to collected premiums."
But the proposed overall 1 percent decrease reflects numerous types of employers. Pate said what is known as a roofing rate "class code" would see a 7.89 percent decrease. She described such a rate as "unsustainable."
Tuesday's hearing came six days after the Category 3 Hurricane Milton made landfall in
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