Implications of Sampling Theory for Package Policy Ratemaking, [Discussion]

The making of rates for package policies has required the attention of actuaries in rating bureaus and of company actuaries for a number of years. A knowledge of current procedures for the rating of the automobile package policy, the special multi-peril policy and homeowners policies can be obtained by studying the rate filings made in the various states by the National Bureau of Casualty Underwriters, the Mutual Insurance Rating Bureau, and the Multi-Line Insurance Rating Bureau. Individual companies have also developed and rated multi-line package policies.