M & H Custom Framing & Galleryinc

318 York Rd
Warminster, PA 18974

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 in-line with peers, in the 53rd percentile.
Average

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 99th percentile at 24.9% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.750
2021

1.750
2020

1.750
2019

1.750
2018

1.630
2017

1.630
2016

1.450
2015

1.450
2014

-
2013

-
2012

-
2011

-
2010

-
2009

-

Contacts

56
(480) 841-2132
wdj@kqrxr.ahk.ir.iwk

Industry Classification