Washington County Historical Society
49 E MAIDEN ST
WASHINGTON, PA 15301
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.
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 in-line with peers, in the 55th percentile.
- LCMIncreasedby more than 75% of peers.
市场竞争力
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.
- 7% of peers have changed carriers since last year.
- Of those who changed carriers, 23.7% decreased their LCM vs those who stayed with their current provider who saw a 3.3% increase, a difference of roughly 7x.
- Current Carrier's market share is in the 75th percentile at 5.5% of the market.
Business Stats
County
费恩
Bureau ID
Renewal Mod
PEO
Employees
Sales
OSHA违规
OSHA Penalty Amount
Drivers
Power Units
Auto Carrier
Policy History
Term | Exp. Mod | Carrier | LCM |
---|---|---|---|
2022 |
1.975 | ||
2021 |
1.881 | ||
2020 |
1.710 | ||
2019 |
1.773 | ||
2018 |
1.986 | ||
2017 |
1.986 | ||
2016 |
1.986 | ||
2015 |
1.986 | ||
2014 |
- | ||
2013 |
- | ||
2012 |
- | ||
2011 |
- | ||
2010 |
- | ||
2009 |
- |
Contacts
9
05d
Industry Classification
Industry
Class
Museum
Museum
Loss Cost
NAICS
SIC
Related GL Codes*
46427
Museums--Not-For-Profit Only
46426
Museums--Other Than Not-For-Profit
Museums--Not-For-Profit Only
46426
Museums--Other Than Not-For-Profit
Related Class Codes*
Related SIC Codes*
8412
Museums and Art Galleries
Museums and Art Galleries