Industrial Communications

P.O. Box 3415
Easton, PA 18043

Talking Points

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is in-line with peers, in the 61st percentile.
  • There was a recent mod decrease.
Average

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 79% 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.

  • 9% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 6.3% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

2.281
(Current: 2.610)
2022

2.281
2021

1.919
2020

1.919
2019

1.919
2018

1.919
2017

1.919
2016

1.919
2015

1.822
2015

1.822
2014

-
2014
01-01-2013

-
2013

-
2012

-
2011

-
2010

-
2009

-

Contacts

Aoykrbh W Tquih
President
(692) 487-7389
3 86d

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(153) 145-1065
36d8

Industry Classification