Brockway Television, Inc.

501 Main St
Brockway, PA 15824

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 12th percentile compared to peers.
  • In the last year, LCM Decreased by 8%. While peers Increased an average of 2%.
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.

  • 11% of peers have changed carriers since last year.
  • Of those who changed carriers, 8% decreased their LCM vs those who stayed with their current provider who saw a 3.3% increase, a difference of roughly 2x.
  • Current Carrier's market share is in the 99th percentile at 22.2% of the market.
Needs Attention

Similar Businesses

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.650
2023
11-27-2022

1.790
2022

1.790
2021

1.620
2020

1.440
2019

1.440
2018

1.750
2017

1.800
2016

1.800
2015

1.620
2014

-
2013

-
2012

-
2011

-
2011
11-27-2010

-
2011
11-27-2010

-
2011
11-27-2010

-
2010

-
2010

-
2009

-

Contacts

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President
(183) 435-8169
25a

Industry Classification