NAME MAKER INC

4450 COMMERCE CIR SW
ATLANTA, GA 30336

Talking Points

Premium

Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium. Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.

  • Premium is in-line with peers, in the 33rd percentile.
  • In the last year, premium Decreased by 12%. While peers Increased an average of 1%.
Average

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 Very Good, in the 10th percentile compared to peers.
Good

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.

  • 12% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 6% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023

1.360
2022

1.360
2022

2.666
2021

1.850
2021

2.360
2020

1.850
2020

2.360
2019

1.850
2019

2.230
2018

1.850
2018

2.230
2018

2.230
2017

1.850
2017

2.230
2016

1.850
2016

-
2016

1.254
2015

1.850
2015

-
2015

1.254
2014

1.850
2014

-
2014

1.254
2014
03-06-2013

1.850
2013

1.254
2012

1.254
2012
03-06-2011

-

Contacts

Qhm Rjwoczm
General Counsel
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Kmlfhqk Bwirjt
Owner
(345) 807-0626
0773

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(760) 465-6544
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Industry Classification


OSHA