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Who is LEMIC?
Does LEMIC sell directly to prospective insureds/policyholders?
Where do independent insurance agents call to get information on contracting with LEMIC?
Who can I call to get a referral to an independent agent in my area?
Where do I call to report a claim?
Where do I call if I have an underwriting question?
What type of payment plans do you have available?
Will you write accounts with less than 2 employees?
Will you write accounts with no prior Workers' Compensation coverage?
Will LEMIC provide waiver of subrogation endorsements?
How do I obtain loss information on an account?
How do I become an agent?
Who is LEMIC?
LEMIC is a stock insurance company, domiciled and operating in Louisiana since 1982. We are licensed and admitted in Louisiana, Mississippi, Arkansas and Tennessee, and have only "A"-rated reinsurance. We presently write only Workers' Compensation Insurance. We are not a self-insured fund.
Does LEMIC sell directly to prospective insureds/policyholders?
No, all policies are written through licensed independent insurance agents only. Anyone wanting a quote on a LEMIC policy must contact one of our independent agents.
Where do independent insurance agents call to get information on contracting with LEMIC?
LEMIC Insurance Company (225) 201-0107 x238 (Lynn Palmer) or LEMIC’s Third Party Administrator (TPA) CCMSI (886) 314-9970 x8476 (Judy Baudier,
Underwriting & Accounting Manager).
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Who can I call to get a referral to an independent agent in my area?
Lynn Palmer at LEMIC – (225) 201-0107 x238. Also, all of LEMIC’s agency partners are listed on our website – www.lemicins.com/searchagent.asp
Where do I call to report a claim?
Call LEMIC’s 24 hour hotline number at 1-877-534-0369.
Where do I call if I have an underwriting question?
LEMIC’s Third Party Administrator (TPA), CCMSI – Judy Baudier,
Underwriting & Accounting Manager at 886-314-9970 x8476.
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What type of payment plans does LEMIC have available?
All LEMIC policies are direct billed by our Third Party Administrator, CCMSI. Some available options are:
- Annual (100% Due at Inception) All Accounts under $1,000.
- Quarterly (40% down and 3 quarterly installments) $1,000 min. premium. Any new venture account under $5,000 must pay 40% down and quarterly or annual.
- Monthly (15% down and 11 equal monthly installments) $2,500 min. premium if the account has prior coverage, $5,000 if no prior coverage.
- CAP (Expense Constant + 1/12 of estimated annual premium down and Submit Monthly CAP Reporting form. Insured must complete CAP request form. Request must be submitted to and approved by the Underwriting Manager). $7,500 min. premium on existing CAP accounts and $10,000 min. for new business.
- Electronic Transfer Available on all plans except CAP. (Insured must complete ET request form.)
Will you write accounts with less than 2 employees?
Yes, LEMIC will consider accounts with 1 employee (if owners are excluded).
Will you write accounts with no prior Workers' Compensation coverage?
Yes, we will consider these accounts, as long as the applicant has at least 2 years of experience in the same field.
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Will LEMIC provide waiver of subrogation endorsements?
Waivers are available on a specific, named basis only. There is no charge for the endorsement. We cannot offer blanket waivers. The agent should submit a certificate showing the name and address of the waiver holder for the endorsement. Any special wording requirements must also be submitted for approval.
How do I obtain loss information on an account?
Requests should be faxed to CCMSI Underwriting Department at (866) 758-6461.
How do I become an agent?
If you would like to become an agent/producer for LEMIC, please call Lynn Palmer at 225-201-0107 x238 or email Lynn at lpalmer@lemicins.com.
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