Fort Ligonier Association
200 SOUTH MARKET STREET
LIGONIER, PA 15658
谈话要点
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.
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 isVery Good, in the 33rd percentile compared to peers.
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.
- 4% of peers have changed carriers since last year.
- 改变的人carriers, 18% decreased their LCM vs those who stayed with their current provider who saw a 7% increase, a difference of roughly 3x.
- Current Carrier's market share is in the 75th percentile at 15.4% of the market.
Business Stats
Policy History
| Term | Exp. Mod | Carrier | LCM |
|---|---|---|---|
| 2022 |
1.580 | ||
| 2021 |
1.530 | ||
| 2020 |
1.435 | ||
| 2019 |
1.435 | ||
| 2018 |
1.435 | ||
| 2017 |
1.391 | ||
| 2016 |
1.391 | ||
| 2015 |
1.344 | ||
| 2014 |
- | ||
| 2013 10-17-2013 |
- | ||
| 2012 |
- | ||
| 2011 |
- | ||
| 2010 |
- | ||
| 2009 |
- |
Contacts
Industry Classification
Museum
Museums--Not-For-Profit Only
46426
Museums--Other Than Not-For-Profit
Museums and Art Galleries
Retirement Benefits
Financials
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BOY Assets: | $ 170,974 | $ 406,720 | $ 632,678 | $ 17,230 | $ 149,194 | $ 6,773 | $ 893,205 | $ 926,869 | $ 934,446 | $ 305,567 | $ 11,146 |
| Liabilities: | $ 0 | $ 2 | $ 1 | $ 26 | $ 30 | $ 65 | $ 715 | $ 64 | $ 78 | $ 2 | |
| EE Contrib: | $ 22,117 | $ 49,667 | $ 91,299 | $ 35,299 | $ 3,244 | $ 40,692 | $ 17,929 | $ 1,086 | $ 5,885 | $ 6 | $ 88,424 |
| Emp Contrib: | $ 9,675 | $ 83,096 | $ 9,085 | $ 59,823 | $ 46,680 | $ 62,938 | $ 9,200 | $ 431 | $ 5,295 | $ 43,297 | |
| Income/Loss: | $ 27,396 | $ 72,554 | ($ 57,690) | $ 79,296 | $ 4,539 | ($ 6,714) | $ 5,607 | $ 6,098 | $ 8,223 | ($ 882) | $ 905 |
| Total Income: | $ 59,188 | 88811美元 | $ 67,398 | $ 67,017 | $ 54,489 | $ 41,376 | $ 44,665 | $ 8,661 | $ 26,931 | $ 96,243 | $ 6,149 |
| Paid Benefits: | $ 8,525 | $ 777,195 | $ 5,862 | $ 46,378 | $ 0 | $ 2 | $ 976,863 | $ 5,978 | $ 4 | $ 92 | |
| Expenses: | $ 0 | $ 6 | $ 431 | $ 5 | $ 18 | $ 2 | $ 3 | ||||
| Commission: | $ 295 | $ 601 | $ 188 | $ 27 | $ 3 | $ 0 | $ 1 | $ 68 | $ 3 | ||
| Net Income: | $ 50,368 | ($ 93,066) | $ 44,164 | $ 10,801 | $ 79,788 | $ 9,315 | ($ 13,501) | $ 40,936 | $ 24,536 | $ 72,502 | $ 99,701 |
| Net Assets: | $ 221,342 | $ 656,604 | $ 46,512 | $ 210,079 | $ 52,679 | $ 983,678 | $ 79,424 | $ 513,150 | $ 871,732 | $ 404,611 | $ 996,692 |
Participants
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Participants: | 8 | 0 | 29 | 3 | 7 | 2 | 3 | 5 | 7 | 6 | 1 |
| Active Part.: | 8 | 8 | 79 | 9 | 6 | 1 | 7 | 0f1 | b | b30 | b0b |
| Retired Part.: | 67 | 127 | 14 | 5c | c96 | 1 | b7 | 64 | |||
| Deceased Part.: | 89 | 4f8 | 9 | c9d | 6 | 296 | c | ca | ed9 | b8c |
Insurance
No Insurance Coverage箴viders
No ProvidersFeatures
2E- Profit-sharing
2F- ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G- Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J- Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K- Stock bonusCode section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2T- Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D- Pre-approved pension plan - A master, prototype, or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.