Brown Douglass W T/a East Coast Cable Contractor

PO Box 441
Temple, PA 19560

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 72% 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.

  • 11% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 11% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

2.190
2021

2.250
2020

2.075
2019

1.550
2018

1.550
2017

1.500
2016

1.600
2015

1.600
2014

-
2013

-
2012

-
2011

-
2010

-
2009

-

Contacts

Xennsxjd Lumfs
Principal
(854) 578-1652
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Industry Classification