February 17, 2022

LWCC Announces 4.2% Rate Reduction for 2022

WRITTEN BY

LWCC has completed its annual actuarial review and analysis and is pleased to announce an average rate reduction of 4.2%, effective May 1, 2022. Since our doors opened in 1992, LWCC has reduced rates by 62.9%.  

We began accepting submissions for May 1, 2022 on January 2, 2022. Business applications can be submitted by emailing applications to application@lwcc.com. Once the information has been uploaded, you will receive a confirmation email, and you can then proceed to CompZone to complete the submission and receive a final quote.  

Additionally, LWCC has adopted the National Council on Compensation Insurance (NCCI) miscellaneous values and the officer and owner payroll limitations for all new and renewal business bound on or after the effective date of May 1, 2022. This information can be found on LWCC Interactive under the Agency Info tab. More information can also be found via the downloadable pdf below.

We greatly appreciate your continued support and  partnership – we constantly strive to build confidence in your recommendation for your clients to choose LWCC. If you have any questions, please feel free to contact your Underwriter or Agency Relations representative.  

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