Wyoming governor approves 15% comp rate decrease

Comp rate decrease

Wyoming Gov. Mark Gordon approved a 15% rate decrease for policies incepting in 2026.

The governor’s office said this is the third straight reduction.

“Following a 6% reduction in 2024 and a 12% reduction in 2025, this new decrease brings the total industry base rate reduction over the three-year period to 33%,” the governor’s office said in a statement. “In total, that represents approximately $66 million less in premiums paid by employers.”


Elizabeth Gagen, director of the Department of Workforce Services, said the decrease is the result of employers, workers and the state focusing on workplace safety.

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