TILE UA INC

5400 ASTOR LN, APT 301
ROLLING MEADOWS, IL 60008

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 46th percentile.
Good

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 1st 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.

  • 13% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 22% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2022
11-19-2022
AR
1.200
2021
11-19-2021
AR
1.200
2020
11-19-2020
AR
-
2019
11-19-2019
AR
-
2018
AR
-
2017
AR
-
2016
11-19-2016
AR
-

Contacts

Mduhz Uilzym
Registered Agent
(115) 235-0672
88b

Industry Classification