FISHER-MOSER FLOORING INC

2300 KIMARRA PL # 7
LINCOLN, NE 68521

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 67% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 10%. While peers Increased an average of 3%.
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.
  • Of those who changed carriers, 34% decreased their LCM vs those who stayed with their current provider who saw a 4% increase, a difference of roughly 8x.
  • Current Carrier's market share is in the 99th percentile at 17.1% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier LCM
2024

1.548
2023

1.407
2022

1.266
2021
02-14-2021

1.126
2020
09-20-2020

1.655
2019

1.655

Contacts

Jzrf Awautt
President
(753) 013-9356
exyvoimy@mtclvkikvg.mjv

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(502) 919-7253
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Industry Classification