The Development of Public Liability Insurance Rates for Automobiles

The scope of this paper is limited to automobile public liability insurance. It may be said however, that fundamentally the process of making rates for property damage and collision insurance does not differ greatly from that of public liability rates. There is a wealth of literature available dealing with the hazards insured against, the various forms of coverage, underwriting methods and methods of adjusting claims, but in none of the material is there a comprehensive description of rate making.