LITTLE CHOO CHOO SHOP INC

PO BOX 26
SPENCER, NC 28159

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 69% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Decreased by 1%. While peers Increased an average of 33%.
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.

  • 2% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 50th percentile at 9.8% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.646
2022

1.656
2021

1.656
2020

1.656
2019

1.656
2018

1.656
2017

1.656
2016

1.505
2015

1.505
2014

-
2013

-

Contacts

Ourdw Dnlowzy
Owner
(215) 332-7099
jwhsegd@gewfvuvcgmkinynvga.pan

Industry Classification