Ratemaking Procedures for Automobile Liability Insurance

Abstract
The proceedings of the Society already contain a paper on this subject which was presented by this author at the November meeting in 1956 (PCAS XLIII). In the exposition of the statistical base for ratemaking, that paper stated that "Automobile Liability Insurance is compiled on a policy year basis" with a footnote that reads: "Since January 1, 1953, the Statistical Plan provides also for the reporting of statistical detail for the compilation of private passenger and commercial non-fleet experience on a calendar-year accident-year basis. At the time of this writing, this method of compiling experience is in an experimental stage."
Volume
LII
Page
139-202
Year
1965
Categories
Business Areas
Automobile
Actuarial Applications and Methodologies
Ratemaking
Publications
Proceedings of the Casualty Actuarial Society
Authors
Phillip K Stern