2020 New Minimum Wage Rates

2020 New Minimum Wage Rates

2020 will introduce new minimum wage rates higher than the Federal $7.25 per hour rate. 24 states and the District of Columbia will have changes with the vast majority of those changes taking effect on January 1, 2020. See that attached Compliance Bulletin to get the...
NCCI Recommends 5.4 Percent Rate Decrease for Florida

NCCI Recommends 5.4 Percent Rate Decrease for Florida

NCCI is recommending a 5.4% average decrease in Florida’s workers’ compensation insurance rate for 2020. NCCI’s report explains how the decrease in loss time claims frequency and both medical and indemnity loss ratios in the state continue to decline since peaking in...
NCCI Releases the State of the Line 2019

NCCI Releases the State of the Line 2019

NCCI released its annual State of the Line report this week.  Worker’s Compensation insurance is performing at a preliminary 83% combined loss ratio in 2018 which is the lowest since the 1930s and the 4th consecutive year the combined loss ratios have been below...
i3 Analytics announces our new blog “Illuminate”

i3 Analytics announces our new blog “Illuminate”

  “Without data, you’re just another person with an opinion.” ― W. Edwards Deming W. Edwards Deming was a pioneer in business management also created the data collection and statistical models for the United State Bureau of Labor of Statistics. The Deming...