COVID-19 comp claims continue to drop in FloridaPosted On: Dec. 21, 2020 12:36 PM CST
The state of Florida has paid out more than $46 million in COVID-19 workers compensation medical and indemnity benefits as of Nov. 30, but the number of COVID-19 comp claims by date of accident dropped to a low of just over 1,000 in November compared with a high of more than 8,000 claims filed in July, according to a report released Friday by Florida Division of Workers Compensation.
As of the end of November, the state has accepted more than 25,000 workers compensation claims. The majority of coronavirus claims accepted by the state have come from protective services (34%), the service industry (28%) and health care (26%).
Workers comp insurers in the state reported declines in net written premiums for each of the first three quarters of the year, with premium dropping 4.4% in the first quarter 2020 compared with the first quarter 2019, 11.4% for the second quarter and 11.6% in the third quarter compared with the same quarters the prior year, the report revealed.
More insurance and workers compensation news on the coronavirus crisis here.