Category: Insurance

NCCI Recommends another rate cut for Florida “The National Council on Compensation Insurance is recommending that the Florida Office of Insurance Regulation reduce workers compensation rates by an average of 6.9%, effective Jan. 1, 2026. Improved loss experience in policy years 2022-2024, the result of continued decreases in claim frequency, was the primary driver of…
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“I recently had the opportunity to travel to Tallahassee with a group from the Manatee Chamber of Commerce as part of our Legislative Committee. Each year, we meet with state leaders to share the voice of our local business community and bring forward the real challenges small businesses face. It’s always a meaningful experience, and…
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https://youtu.be/9C2VSDSNhcc Try our new video summary of this update! Was 6.4% cut but with legislative change, recommending a 1% drop. From Florida Trend – “Florida businesses could see a slight decrease in workers’ compensation insurance rates in 2025, continuing a series of years of lower rates.  The National Council on Compensation Insurance, which makes rate…
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Bridgely Key Executive Honored With Tampa Titan 100 Award Titan CEO and headline sponsor Enavate are pleased to announce Dennis Cooley, COO of Bridgely Key Options as a 2024 Tampa Titan 100. The Titan 100 program recognizes Tampa’s Top 100 CEOs & C-level executives. They are the area’s most accomplished business leaders in their industry…
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Joint Employer vs Co Employer (PEO) They sound similar, but are very different The concepts of joint employer and co-employer relate to employment relationships but have distinct meanings.  However, there have been some recent important employment rulings that contractors need to be aware of to protect their employer status. Joint Employer: In a joint employer…
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There are several reasons why independent insurance agents work with agencies.  These agencies can go by several terms but one of the common terms is an Independent Marketing Organization (IMO).  They offer access to carriers, back office assistance, commission strength, and more.  Independent insurance agents specializing in workers’ compensation often use an agency for these…
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What is being called “The strongest anti-illegal immigration bill in the nation” was just signed by Florida Governor Ron DeSantis. The bill (SB 1718) highlights are: Requires employers to use E-Verify to check the employment eligibility of employees, and fines employers who fail to use E-Verify $1,000 per day. Suspends licenses of any employer who…
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Exclusive Benefit Offer Bridgely Key is working with Secure HR to bring you exclusive benefits through HBA and Ep6ix that combine medical plan options, ancillary and voluntary benefits under one offering.  We provide employer consultation along with employee engagement, communication, and enrollment. Health Plan – Increasing access to affordable healthcare. Lower premiums than traditional offerings No deductible…
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Are you ready to take your career to the next level? Are you looking for an opportunity to grow your business, expand your client base, and earn more residual commissions? Look no further than Bridgely Key Options! As a leading provider of workers’ compensation insurance in Florida, Bridgely Key Options is poised to help you…
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At Bridgely Key, we understand that running a successful business in the construction trades is hard work. That’s why we’re committed to providing our clients with the support and resources they need to thrive. As the premier provider of workers compensation insurance and payroll services to the construction trades, we’ve helped countless businesses across Florida…
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