Tele Data Services Inc

922 Bustleton Pike
Feasterville, PA 19053

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 86% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 18%. While peers Increased an average of 1%.
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.

  • 6% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 18.6% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2024

2.765
2023
05-29-2023

2.350
2022

2.350
2021

2.275
2020

2.515
2019

2.515
2018

1.670
2017

1.670
2016

1.670
2015

1.670
2014

-
2013

-
2012

-
2011

-
2010
05-29-2010

-
2009
05-29-2009

-

Contacts

6
(198) 498-8861
955f

Industry Classification