Tri-State Commercial Printing Inc

26 Steam Whistle Dr
Warminster, PA 18974

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • Increasing LCM and decreasing market share may indicate carrier is tightening underwriting guidelines and/or has written higher risk accounts that they are less willing to fight for.
Needs Attention

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 73% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 4%. While peers Increased an average of 2%.
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.

  • 7% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 1st percentile at 0.2% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

2.049
(Current: 1.868)
2021

1.961
2020

1.766
2020
12-15-2019

1.770
2019

1.700
2018

1.700
2017

1.790
2016

1.790
2015

1.790
2014
12-15-2014

-
2013

-
2013
09-25-2012

-
2012

-
2011
01-31-2011

-
2009
07-30-2008

-

Contacts

Industry Classification