February 1, 2007 "F" Classification Filing
On September 5, 2006 the Bureau made an "F" classification rate filing with the Pennsylvania Insurance Department. That filing, designated as Proposal C-351, proposed revisions to rates and related rating values effective February 1, 2007.
On September 20, 2006 an amendment to Proposal C-351 was submitted to the Pennsylvania Insurance Department correcting certain exhibits that were found to be in error as originally filed. The exhibits appearing below reflect Proposal C-351 as amended September 20, 2006.
A complete listing of the proposals and supporting information comprising the Bureau’s February 1, 2007 "F" classification rate filing appears below. Clicking on each listed item will allow you to review and/or download the filing materials as needed.
Copies of the filing material may be printed once the item(s) in question have been accessed.
Filing Letter Amendment of September 20, 2006 | |
Filing Letter of September 5, 2006 | |
Memo to Actuarial and Classification and Rating Committees | |
Class Book | |
Discussion of Exhibits | |
Exhibit 1 | Indicated Change in Rate Level |
Exhibit 2 | Expense loading |
Exhibit 3 | Expense Study |
Exhibit 4 | Internal Rate of Return Model |
Exhibit 5 | Analysis of Experience |
Exhibit 6 | U.S. Longshore & Harborworkers Coverage Factor |
Exhibit 7 | Table II - Unit Statistical Data |
Exhibit 8 | Tax Multiplier |
Exhibit 9 | Derivation of "F" Class Rates |
Exhibit 10 | Rate Formulae |
Exhibit 11 | Calculation of Expected Loss Rate Factors |
Exhibit 12 | Manual Rates and Expected Loss Rates |
Exhibit 14 | "F" - Class Exibits and Class Book |