Allen Gauge & Tool Company, Inc.

PO BOX 8647
PITTSBURGH, PA 15221

Talking Points

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 isHigherthan 95% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • LCMDecreasedby more than 75% of peers.
Average

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.

  • 11% of peers have changed carriers since last year.
  • Of those who changed carriers, 2.4% decreased their LCM vs those who stayed with their current provider who saw a 5.2% increase.
  • Current Carrier's market share is in the 50th percentile at 2.3% of the market.
Average

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2021

2.280
(Current: 2.371)
2020

2.471
2019

1.853
2018

1.909
2017

1.430
2016

1.430
2015

1.430
2014

-
2014
09-01-2013

-
2013

-
2012

-
2011

-
2010

-
2009

-
2008

-
2007

-
2006

-
2005

-
2004

-
2003

-
2002

-
2002
09-01-2001

-
2001

-
2001
01-14-2000

-
2000

-
1999

-

接触s

Chgfnwr T Rfjmd Bc
President
(770) 706-1906
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72
065
liwjh@qwdac.vofgbwgffq.cq.ei

Industry Classification


OSHA