Ricer Co Inc is based in Pennington county in South Dakota. They operate in the Manufacturing industry, specifically in Rice Milling, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.
They have been with the same worker's comp carrier for the last 2 years. 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 1.260. A 1.260 LCM overall is a bit high, but check the market comparison below for more details. The (LCM) that they are with increased by INF% which is a significant shift. It is worth investigating why.
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Ricer Co Inc. 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.
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