Wisconsin companies on average will pay 3.2% less in worker’s compensation insurance rates starting Oct. 1, the Wisconsin Department of Workforce Development (DWD) announced Tuesday with the Wisconsin Office of the Commissioner of Insurance (OCI).
The 2025 rate decrease, approved by OCI, marks the 10th year in a row that worker’s compensation insurance premiums have declined in Wisconsin. The actual premiums vary by employer based on factors such as injury risk exposure.
Worker’s compensation insurance rates are adjusted annually by a committee of actuaries from members of the Wisconsin Compensation Rating Bureau. This independent body examines and selects the methodology and trends that produce the proposed rate adjustment, which is then reviewed and approved by the Wisconsin Commissioner of Insurance.
While the overall rate level will decrease by 3.2%, the impact on policyholders will vary based on specific circumstances.
