Month of Loss Deficiency Reserves for Automobile Bodily Injury Losses Including Reserves for Incurred But Not Reported Claims

"The subject of reserves for incurred but not reported claims has received very scant consideration in our proceedings, nor is there available to the writer's knowledge any written aspects of the subject." The above quotation of the opening paragraph of a paper by Mr. Thomas F. Tarbell titled "Incurred But Not Reported Claim Reserves" published in Volume XX, Part II of the Proceedings of the Casualty Actuarial Society dated May 18, 1934, is almost as appropriate today is it was then. During the past twenty years relatively little new information on this subject has been published in the Proceedings of the Society.