Rate standards

Wis. Stat. § 626.11
in effect
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(1) General. Rates determined under this chapter shall not be excessive, inadequate or unfairly discriminatory. (2) Excessiveness. Rates determined under this chapter are not excessive merely because a reasonable margin is allowed for a profit. (3) Adequacy. The commissioner shall approve a minimum adequate pure premium for each classification under which worker’s compensation insurance is written. No insurer writing any insurance specified under s. 626.03 may use a pure premium less than that approved by the commissioner.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/626.11Fetched: 10/7/2026