The Florida OIR has accepted NCCI’s amended filing for a 6.6% rate decrease effective 1/1/2021. This is fifth consecutive rate decrease and FL WC rates are now down 39.2% since 1/1/2018. One thing to keep in mind, the decreased rates result in in lower expected losses, and in turn, higher mods. The difference between the 1/1/2021 preliminary mods and the 1/1/2021 final mods that we have seen so far this year, have resulted in mod increases between 7% to 13%. Same loss and payroll data, just lower expected losses.