Susquehanna Glass Co. and Susquehanna Glass Factory

731 Avenue H
Columbia, PA 17512

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 high. It is in the 79th percentile compared to peers.
  • Mod decreased by more than 75% of peers.
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 Very Good, in the 29th percentile compared to peers.
  • LCM Decreased by more than 75% of 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.
  • Of those who changed carriers, 4.3% decreased their LCM vs those who stayed with their current provider who saw a 2% increase, a difference of roughly 2x.
  • Current Carrier's market share is in the 95th percentile at 4.8% of the market.
Needs Attention

OSHA

Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.

  • Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.500
2021
08-15-2021

1.700
2020
08-15-2020

1.330
2019

1.270
2018

1.270
2018
08-15-2017

1.270
2017

1.270
2016
08-15-2016

1.270
2015

1.050
2014

-
2013

-
2012
08-15-2012

-
2011

-
2010

-
2009

-

Contacts

Tqinvq Edfek
President
(641) 670-7905
77

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6016
vdci@njzxxzbtfkuhxsnt.pow

Industry Classification


OSHA

Motor Carrier