Automobile Rate Making [Discussion]

In presenting his paper, "Automobile Rate Making" at the last meeting of the Society, Mr. Stellwagen has rendered an important service to students of automobile insurance. He has given a very complete, clear and detailed exposition of the method of rate making developed by the Automobile Department of the National Bureau and employed in the rate revisions of 1923 and 1924. (I might add here that the method used in the 1925 revision is essentially the same as that for the two preceding years). While a considerable amount of literature dealing with workmen's compensation insurance is now available, very little has been written on the subject of automobile insurance from a strictly actuarial point of view. Mr. Stellwagen's paper is, therefore, peculiarly valuable and timely.