COPPAGE RAY

2221 POINTERS GLEN WAY
WENDELL, NC 27591

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 59% 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 50th percentile at 10.5% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.544
2022

1.544
2021

1.544
2020

1.544
2019

1.544
2018

1.455
2017

1.387
2016

1.387
2015

1.387
2014

1.387
2013

1.387

Contacts

Rtxrujp Sewscdu
Principal
(788) 514-0666
2ee

Industry Classification