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

R&R Insurance

On October 1, 2024 Wisconsin continued its trend entering a ninth consecutive year of reduced workers compensation insurance rates. This rate reduction will affect work comp policies with renewal dates between 10/01/24 to 09/30/25. Rates in 2024 fell an average of 10.5% What can Contractors do?

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Increase Your Commissions by Selling Disability Insurance

Word & Brown

Talk with your clients about their needs, expectations, and budget, as plans that define the insureds inability to perform in their own occupation may be more costly than plans that define disability related to ones ability to perform any occupation. Policies with shorter maximum benefit periods typically have lower premiums.