CARRIE DIVINE INSURANCE AGENCY LLC

121 N MORGAN ST
MORGANFIELD, KY 42437

Talking Points

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 Higher than 66% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
Needs Attention

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.

  • 5% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 34.3% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2022

1.579
2021

1.579
2020

1.579
2019

-

Contacts

3
(648) 844-9791
39c

Industry Classification