Wisconsin Workers' Compensation Insurance Profitability (2023) | GBC

Wisconsin Workers' Compensation Insurance Profitability (2023)

In 2023, Workers' Compensation insurers earned $2.0B in premiums in Wisconsin and ran a 52.5% loss ratio — the 13th-highest of 51 states (one of the highest loss ratio for the line).

Source: NAIC 2023 Report on Profitability by Line by State. Loss ratio = incurred losses ÷ premiums earned.

Wisconsin loss ratio
52.5%
7.4% above national
Premiums earned
$2.0B
Underwriting profit
5.3%

Nationally, Workers' Compensation ran a 45.1% loss ratio in 2023, so Wisconsin is above the national average. See how every state compares on the Workers' Compensation market page.

Getting Workers' Compensation coverage in Wisconsin

See recent Wisconsin rate filings on the Wisconsin rate page, learn how Workers' Compensation works in our Workers' Compensation guide, then compare real quotes for your business.

Compare Wisconsin Workers' Compensation Quotes →
Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.
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