Ivans: WC Q2 Premium Renewal Rates Down Again, Buck Commercial Trends

• The Ivans Index showed that the workers’ compensation premium renewal rate change averaged -1.75% in Q2 2025, down from Q1 2025 at -1.51%.
• The quarter reached its lowest premium renewal rate change in May, averaging -1.87% and ended with its highest rate of -1.61% in June.
• All other major commercial lines of business were up in the three months ending June 30.
• Nevada experienced a consistently higher premium renewal rate change relative to the
  quarter average across all three months, beginning in April with 4.15%, 3.81% in May, and
  ending at 4.20% in June.
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Wisconsin Rates Drop 3.2%; 10th Year of Declines

• Wisconsin companies on average will pay 3.2% less in worker’s compensation insurance rates starting Oct. 1, 2025, per the Wisconsin Department of Workforce Development (DWD) and Office of the Commissioner of Insurance (OCI).
• The 2025 rate decrease marks the 10th consecutive year that worker’s compensation insurance premiums have declined in Wisconsin.
• Worker’s compensation insurance rates are adjusted annually by a committee of actuaries from members of the Wisconsin Compensation Rating Bureau.
• While the overall rate level will decrease by 3.2%, the impact on policyholders will vary based on specific circumstances.
• “Employers doing business in Wisconsin can count on our competitive insurance marketplace for affordable, high-quality workers compensation coverage to keep their business and employees safe,” said Insurance Commissioner Nathan Houdek.
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NY Worker’s Death Exposes Million-Dollar WC, Tax Fraud

• Quirino Rotondo, owner of Long Island, New York’s Metro Industrial Wrecking & Environmental Construction, has been sentenced to 12 months in prison and two years of supervised release for his involvement in a large-scale workers compensation insurance fraud and tax evasion scheme.
• Rotondo was found to have falsely classified high-risk demolition workers as low-risk employees to obtain lower workers’ compensation insurance premiums.
• He also insured his workers under unrelated companies, shielding his business from liability and endangering employees.
• The scheme was uncovered after an employee was killed while removing a sign from a brewery. The investigation revealed that Rotondo’s employees, including the victim, were not properly listed under the company’s insurance, resulting in denied claims and delayed benefits.
• According to New York State Inspector General Lucy Lang, Rotondo was sentenced to a year in prison and two years of supervised release and ordered to pay $1.2 million in restitution for his role in the scheme.
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