Webinar: Impact of 2024s Work Comp Rate Cuts: Everything Businesses Need to Know
Starting in October 2024 Wisconsin's Workers Compensation rates are taking an average rate cut of 10.5%. Every industry is impacted in a slightly different way, but the general trend of cheaper Work Comp insurance premium comes with a few caveats that could alter your risk management strategy going forward.
In this 30-minute session, Brian will cover:
- How the 2024 Workers Compensation rate reductions may impact your Experience Modification Rate (EMR)
- How claims impact your Mod with reduced rates
- Which industries are experiencing the greatest rate reductions
- The role medical inflation plays in the Wisconsin Work Comp system
- A comprehensive update on local and national trends affecting your premiums now and in the future
As Wisconsin businesses, schools and municipalities benefit from these aggressive cuts, it’s essential to understand the broader impact on your organization. On Thursday, September 12th R&R's Brian McEvoy will give an overview of the current state of the workers compensation system in Wisconsin in his webinar Impact of 2024's Work Comp Rate Cuts: Everything Businesses Need to Know.
This webinar was recorded on September 12, 2024.
