TALLAHASSEE (CBSMiami/NSF) – Florida employers will see overall workers-compensation insurance rates drop 4.7 percent as of January 1st, 2016.

That’s according to the state’s Office of Insurance Regulation.

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The National Council on Compensation Insurance, while files proposed rates each year for insurers, initially called for a 1.9 percent decrease. The Office of Insurance Regulation rejected that proposal and said overall rates should go down 5.1 percent.

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At the request of the organization known as NCCI, regulators looked again at some factors used in setting rates. That led to Thursday’s order for the 4.7 percent decrease in 2016.

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The News Service of Florida contributed to this report.