Abstract
Workmen's Compensation Rates in Massachusetts, planned to become effective December 31, 1947, are based on classification pure premiums produced by the Primary-Excess method. Herein culminates more than two years of research on this subject. This development may well usher in a new basis of pure premium selection generally, for depending upon how satisfactorily this basis of pure premium selection works out in Massachusetts, other jurisdictions are bound to be influenced.
Volume
XXXIV
Page
17-49
Year
1947
Categories
Financial and Statistical Methods
Risk Pricing and Risk Evaluation Models
State-Pricing Methods
Actuarial Applications and Methodologies
Ratemaking
Business Areas
Reinsurance
Financial and Statistical Methods
Statistical Models and Methods
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society