The Actuarial Problems of the 1920 National Revision of Workmen's Compensation Insurance Rates and the Solutions Developed by the Actuarial Committee of the National Council

In accordance with the growing tendency toward greater recognition of the value of actuarial work in casualty, insurance, a more important part of the work of the 1920 revision of the workmen's compensation rate manual under the auspices of the National Council on Workman's Compensation Insurance was assigned to the actuarial profession as represented by the Actuarial Committee of the Council than in any previous revision. While the complete report of that revision will undoubtedly show this and record at least the decisions of the committee on the more important questions presented to it, it seems appropriate that our Proceedings should early contain a quite full record of this work, including a resume of the committee's reasons for its decisions.