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.

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

• Experience Mod ishigh. It is in the 94th percentile compared to peers.
• Modincreasedby more than 75% of peers.

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 16th percentile compared to peers.

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.

• 15% of peers have changed carriers since last year.
• Of those who changed carriers, 0.3% increased their LCM vs those who stayed with their current provider who saw a 3.6% increase.
• Current Carrier's market share is in the 75th percentile at 2.7% of the market.