DELTA STANDARD PRODUCTS


BROOKLYN, NY

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 13th 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.

  • 7% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 9.6% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2023

1.216
2022

1.216
2021

1.216
2020

1.283
2019

1.216
2018

1.081
2017

1.081
2016

1.081

Contacts

Kgpcae Xqrjl
President
(295) 064-7646
32a88

Industry Classification

Motor Carrier