Johnson Bros Metal Forming Co is based in Cook county in Illinois. They operate in the Manufacturing industry, specifically in Nonferrous Forgings, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.
It looks like they just changed commercial insurance carriers. We have coverage data for them in a single state.
The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 1.649. A 1.649 LCM overall is a bit high, but check the market comparison below for more details. Their LCM has decreased -45% which is a good sign. They either shifted to a better carrier tier, or were placed with a better carrier.
We know the Standard Premium for this company. You can see how it compares to similar businesses in the Market Comparison. The premium paid has decreased by -16%, does this mean payroll is decreasing or are they managing their risk better?
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Johnson Bros Metal Forming Co. This can give you an idea of what carriers might best fit your business.
Enter the State, Mod, and Payroll for each employee class to get premium estimates from the top carriers writing that class of business
Carriers are sorted by number of accounts in that class of business.
Our market intelligence, prospecting database, and software can streamline your new business process. This listings contains: Policy Renewal DateCurrent AgentCurrent CarrierPolicy NumberClass CodeSIC CodePremiumLCMMulti StateCarrier TenureRevenueEmployeesContact EmailContact PhoneLinkedinWebsiteBenefitsLoss CostFEINCoverage History
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