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Workers' Compensation Insurance

Class Code 4923

Photographic Supplies Manufacturing

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Martin Summers

Insurance Agent

Class code 4923 is used for employees that work within a facility that manufacturers and/or assembles photographic supplies, produces coated photographic film or paper, and that coats plastic film. Examples of finished products that are included within this classification are items such as cameras (various types) for home or commercial use, photostat cameras, projection machines for motion pictures, film developing machines, automatic photographic machines, stereopticon projectors, blueprint paper, photographic postcards, tintype positives, and other miscellaneous photographic recording media. Operations that are common to this process include light punch pressing, buffing, polishing, machining, coating, and plating. Employees working on film coating may also be required to spray aluminum onto plastic film sheets and oversee their passing through a vacuum chamber.

Exclusions from this class code that are in closely related industries include chemical manufacturing plants, those who manufacture nonsafety film, anyone involved in the production and assembly of cassettes, videotapes, CD’s, DVD’s, as well as those in the business of duplication and replication of prerecorded audio, video, or data.

Florida Rates for Class Code 4923

2014 Rate: $3.14
2013 Rate: $4.20

Each workers' compensation class code in Florida has a unique rate assigned to it based on the likelihood of workplace injuries for the group of employees throughout the state that are assigned to that class code. Click this link for more information about the ratemaking process. The rates used in Florida workers comp insurance were increased in 2014 by an average of 6.1% by the Florida Office of Insurance Regulation.

For class code 4923, this rate change resulted in a 33.8% decrease from 2013 to 2014. The 2014 rate for this classification is 3.14 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 12.1% below the 2003 rate of 4.78 dollars.

Despite the manual rates being set by the Florida government for workers comp class codes, there are still ways that employers can lower their overall workers compensation costs and total premium. Our insurance agents would like the opportunity to discuss these premium discounts and other cost savings measures with your business. Contact us today to receive competitive quotes for your business.

Other Related Class Codes

  • 4431 for cassette, videotape, CD, & DVD manufacturing and assembly
  • 4360 for duplication and replication of prerecorded audio, video, or data

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