Abstract
The principles underlying the New York Unit Statistical Plan are neither new nor radical. The essential features of the Plan have been in use in the state of Pennsylvania for some time, and at the present time similar plans are in operation in the states of Massachusetts, Virginia, North Carolina and Georgia. For several years, workmen's compensation rating procedure in New York has been the subject of criticism, particularly so because of the disparity between premiums collected by the insurance carriers and premiums anticipated by the manual rate structure. The New York Plan is essentially the development of several years of attempts to improve the existing plans of manual rate making, individual risk merit rating and statistical reporting.
Volume
XVII
Page
190-224
Year
1931
Categories
Actuarial Applications and Methodologies
Data Management and Information
Data Collection and Statistical Reporting
Actuarial Applications and Methodologies
Ratemaking
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society
