Wilmot Company Inc

545 Hazle St
Freeland, PA 18224

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 73% 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.

  • 7% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 2.3% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

2.281
(Current: 2.350)
2023

2.190
2022

2.281
2022

1.910
2021

2.281
2020

2.281
2019

2.281
2018

2.281
2017

1.825
2016

1.690
2015

1.801
2014

-
2013

-
2012

-
2011

-
2010
04-02-2010

-
2009

-

Contacts

C Cueiz Ktpc
President
(294) 588-4854
nfccm@qablvhjz.gcm

Industry Classification