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Bill Herrle: Worker’s comp hike hurts small biz

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NFIB/Florida Executive Director Bill HerrleĀ on Wednesday criticized workers’ compensation insurers for pushing through aĀ 14.5Ā percentĀ rate increase this month. Herrle called the increase “massive” and said it would “undoubtedly hurtĀ small businesses by threatening their ability to keep their doors open and employ Floridians.ā€ TheĀ National Federation of Independent Business calls itself “the nation’s leading small-business advocacy group,” according to its website. State regulatorsĀ approved a 14.5 percent increase in workers’ compensation insurance premiums. The new rates, however, are lower than ones initially proposed by…

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