Insurance Xdate > Reports > TX > Lhoist North America, Inc.

Commercial Insurance Overview

Lhoist North America, Inc. is based in Tarrant county in Texas. They operate in the Manufacturing industry, specifically in Lime, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.

Having been with the same worker's comp carrier for 11 years, it may be wise to shop around. We see commercial coverage for them in 13 states including Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Missouri, North Carolina, Nevada, South Carolina, Tennessee, Texas, Virginia.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 1.200. An LCM of 1.200 is pretty good. More details on how it compares can be seen below.

An Experience Mod (MOD) is a rate applied to the business. It represents how risky the business is based on past claims. This business has a MOD of... You'll need to join... Which is rather good, no matter what type of business. The rating based on their claims (MOD) increased by INF% which is not good. It is worth investigating why, and taking action to mitigate risks

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 -5%, does this mean payroll is decreasing or are they managing their risk better?

Premium Comparison

This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Lhoist North America, Inc.. This can give you an idea of what carriers might best fit your business.