Proposal C-351
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.

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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