Falling Work Comp Rates: The Good, the Bad, and the Ugly


This article was updated on February 17th, 2025 with fresh statistics. It’s the same story as was originally published in 2019, just more intense!

On October 1, 2024 Wisconsin continued its trend entering a ninth consecutive year of reduced workers’ compensation insurance rates.  Rates in 2024 fell an average of 10.5% compared to 2023, which is the most dramatic reduction in over a decade.  This rate reduction will affect work comp policies with renewal dates between 10/01/24 to 09/30/25.

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