The State of Wisconsin, Office of the Commissioner of Insurance has approved an overall decrease in Workers Compensation rates?of 1.36%.? Rates are effective as of October 1, 2012 and apply to new and renewal business only.
New maximum cap per claim is now $186,500 (previously $171,000)!?
Rate Level Change By Industry Group Level Change:
- Manufacturing -3.40%
- Contracting -2.40%
- Office & Clerical -4.80%
- Goods & Services +1.00%
- Miscellaneous +2.10%
- Overall -1.36%
?A copy of?the complete letter from the Office of the Commissioner of Insurance is available.? We have also compiled a comparison to show the increases and decreases by classification for 2011-2012.
For more information and how R&R Insurance can help lower your Workers Compensation premiums, please visit our website.
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