KING KRABS LLC

445 S GAY ST
KNOXVILLE, TN 37902

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 Very Good, in the 3rd 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.

  • 8% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 13.3% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2023

0.999
2022

-
2022

-
2022

0.999
2022

1.400
2021

-
2021

1.400
2020

-
2020

1.020
2019

1.000
2018

1.000
2017

1.717
2016

1.717
2015

-

Contacts

Rhasa Adbuuno
President
(711) 050-2782
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Industry Classification

Motor Carrier