Trinkle Marakovits & Mackenzie PC

3939 West Drive, Suite 100
Center Valley, PA 18034

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 Very Good, in the 13th percentile compared to peers.
  • In the last year, LCM Decreased by 12%. While peers Increased an average of 2%.
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.

  • 3% of peers have changed carriers since last year.
  • Of those who changed carriers, 2.8% decreased their LCM vs those who stayed with their current provider who saw a 2.6% increase.
  • Current Carrier's market share is in the 75th percentile at 1.9% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.350
2022
11-16-2021

1.693
2020

1.530
2019

1.870
2018

1.699
2017

1.699
2016

1.699
2015

1.699
2014

-
2014
11-16-2013

-
2013

-
2012

-

Contacts

Kptedh Dduqqol
President
(761) 270-6612
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Industry Classification