UNITED SONGS OF AMERICA CORP

134-03B 35TH AVE
NEW YORK, NY 11354

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 58% 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 75th percentile at 15% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2023

1.360
2022

1.360
2021

1.360
2020

1.360
2019

1.360
2018

1.360
2017

1.360
2016

1.360

Contacts

Jhz Tofu
Owner
(278) 149-3576
0e 5

Industry Classification