William E Steward & Son Inc

PO BOX 750
MIDDLETOWN, DE 19709

Talking Points

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is high. It is in the 93rd percentile compared to peers.
Needs Attention

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is in-line with peers, in the 54th percentile.
Average

Market Competitiveness

We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.

  • 15% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 20.5% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.720
2021

1.720
2020

1.720
2019

1.720
2018

1.720
2017

1.642
2016

1.642
2016
11-01-2015

1.590
2015

1.500
2014

-
2014
11-01-2013

-
2013

-
2012

-
2011

-
2010

-
2009

-
2009
11-01-2008

-

Contacts

Industry Classification

Motor Carrier