IRE CROWN RINKS LLC
PO BOX 133006
THE WOODLANDS, TX 77393
Talking Points
Premium
Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium.Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.
- Premium is in-line with peers, in the 26th percentile.
- In the last year, premiumIncreasedby more than 75% of peers.
LCM率
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 isHigherthan 88% of peers.
- Shopping around for a carrier that would provide a more competative tier would make sense.
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.
- 5% of peers have changed carriers since last year. Those who did, saw a 16.3% decrease in premium vs those who stayed with their current provider had a 1.3% increase, roughly 12x those who stayed with their current provider.
- Current Carrier's market share is in the 99th percentile at 32.9% of the market.
Business Stats
Policy History
Term | Carrier | Premium | LCM | |
---|---|---|---|---|
2022 |
2.067 | |||
2021 |
2.067 | |||
2019 |
2.150 | |||
2019 |
2.150 | |||
2018 |
2.150 | |||
2017 |
2.150 | |||
2016 |
2.150 | |||
2015 |
2.150 | |||
2014 |
- |
Contacts
Industry Classification
Bowling Lane & Drivers
Promoters of Performing Arts, Sports, and Similar Events with Facilities
Sports Clubs, Managers, and Promoters
Athletic or Sports Contests--in Buildings--Lessees--Not-For-Profit Only
40063
Athletic or Sports Contests--in Buildings--Lessees--Other Than Not-For-Profit
40067
Athletic Programs--Amateur--Not-For-Profit Only
40066
Athletic Programs--Amateur--Other Than Not-For-Profit
10220
Bowling Lanes
47318
Rodeos