Rates Dropping 8.4% in October

The Wisconsin Office of the Commissioner of Insurance announced that businesses, on average, will pay 8.4% less for workers’ compensation coverage starting Oct. 1. The eighth consecutive work comp rate cut is expected to save employers about $148 million in premiums. The insurance commissioner’s office said in a statement that the lower rates reflect employers’ attention to workplace safety. "The continued decreases in workers' compensation rates reflect the workplace safety practices that support a strong workforce in our state," Insurance Commissioner N...