In exercising the discretion granted to the Commission by this subtitle, the Commission shall consider: each condition or fact about security and prompt payment of compensation, including: the financial strength of the employer; the number of covered employees of the employer; the degree of hazard for covered employees of the employer; the likelihood that several covered employees will be injured or killed in the same accident; and if the employer wants to use an authorized insurer, the reputation of the authorized insurer for fair and prompt settlement of claims for compensation; and except for a public service corporation under the jurisdiction of the Public Service Commission, each condition or fact about prevention of accidents, including the relative effect of each method authorized under this subtitle on the employer and covered employees of the employer.