Len's Concrete Services

1956 State Route 22
Jonestown, PA 17038

Talking Points

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is in-line with peers, in the 53rd percentile.
  • Mod increased by more than 75% of peers.
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 Very Good, in the 27th percentile compared to peers.
  • LCM Increased 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.

  • 10% of peers have changed carriers since last year.
  • Of those who changed carriers, 1.6% increased their LCM vs those who stayed with their current provider who saw a 2.5% increase.
  • Current Carrier's market share is in the 1st percentile at 0.6% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.500
2021

1.375
2020

1.375
2019

1.390
2018

1.909
2017

1.909
2016

1.430
2016
10-02-2015

1.632
2015

1.632
2014

-
2013

-
2012
10-02-2012

-
2011

-
2010
08-13-2009

-
2010
10-02-2010

-
2009

-

Contacts

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Partner
(624) 460-9886
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Industry Classification


OSHA

Motor Carrier