Fisher Jessica DBA All Natural Cleaning

512 Saratoga Road
Lancaster, PA 17603

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 61% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • LCM Decreased by more than 75% of peers.
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.

  • 13% 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

2.190
2021

2.250
2020

2.075
2019

2.000
2018

2.000
2017

1.950
2016

1.900
2015

1.900
2014

-
2013

-
2012

-
2012
01-17-2012

-
2011
02-24-2011

-
2010

-

Contacts

Industry Classification