Abstract
Schedule rating, as applied to workmen's compensation insurance, practically began with the adoption of the Universal Analytic Schedule. The Industrial Compensation Rating Schedule of 1916 was not merely the successor but the immediate derivative of the Universal Analytic, from which it differed only in matters of detail, and not always by any means improved detail. Both the Universal Analytic Schedule and its variant, the Industrial Compensation Rating Schedule of 1916, follow the same fundamental plan and the same broad criticisms apply to both. In what follows, therefore, to avoid constant repetition, both variants are covered by the original and more familiar name.
Volume
IV
Page
325-346
Year
1918
Categories
Actuarial Applications and Methodologies
Ratemaking
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society