Possible 89% reduction over roughly the last 20 years NCCI is recommending a 15% rate drop for Florida’s workers’ compensation rates in 2024. If passed, Florida’s workers’ compensation rates would have dropped by nearly 89% in roughly the last 20 years. The proposed amount of 15% is an average reduction across all class codes. With…
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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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Overall, partnering with a PEO can help a business operate more efficiently, improve compliance, reduce costs, and attract and retain top talent.
Are you tired of spending countless hours managing your payroll and insurance needs? Bridgely Key Options is here to help! As a broker of professional employer organization (PEO), we help you with all your HR needs, so you can focus on growing your business and enjoying your personal time. With Bridgely Key Options, you don’t…
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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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New businesses, new to Florida businesses, and existing businesses will be competing on multiple fronts. Prior to Hurricane Ian, it was reported that construction costs has seen double-digit increases in 2022 (read more here). Unfortunately, this isn’t the only hurdle facing the construction trades. Labor shortages in the construction industry aren’t anything new, however, after…
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Important hurricane relief information for business owners and those impacted by Ian. We hope all of you and your families are safe. Hurricane Ian left behind mass destruction and loss of life. As emergency operations turn to clean-up efforts and the rebuilding begins, there will be many questions. We included information below that will be…
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PEO and Small Business Experts Experience working for you. Bridgely Key Options has over 30 years of experience in all aspects of the PEO industry. Experience is something that can only be earned over time and we have put in the time. Whether you are an insurance agent curious about PEO sales opportunities or a…
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Great news for the construction industry A few weeks ago, Florida formally approved the workers compensation insurance rates presented by NCCI for 2022. This confirms another rate decrease for workers’ compensation insurance, especially for several construction-related classifications. Here are just a few: -1.14%, 5022 – Masonry NOC = $8.68 -20.95%, 5037 – Painting; Metal Structures,…
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