Proposal C-363 April 1, 2014 Loss Cost Filing
On December 10, 2013 the Bureau made a loss cost filing with the Pennsylvania Insurance Department. That filing, designated as Proposal C-363, proposed revisions to loss costs, related rating values and Manual rules effective April 1, 2014.
A complete listing of the proposals and supporting information comprising the Bureau’s April 1, 2014 loss cost filing appears below. Clicking on each listed item will allow you to review and/or download the filing materials as needed.
Copies of the filing material may be printed once the item(s) in question have been accessed. (Note: In total the filing is quite voluminous. Some of the individual items listed below contain many pages. Before printing be sure that you understand the magnitude of the file(s) you will be printing and how your system and equipment will respond to and/or be affected by a print command.)
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| File | Description |
|---|---|
| Filing Letter | |
| Brown Book | |
| Actuarial and Classification & Rating Committees Minutes | |
| Discussion of Casualty Actuarial Society's "Statement of Principles Regarding Property and Casualty Loss and Loss Adjustment Expense Reserves" | |
| Index and Supporting Classification Exhibits | |
| Exhibit 5 | Table I - Summary of Financial Call Data |
| Exhibit 6 | Paid & Incurred Loss Development & Trend |
| Exhibit 7 | Tail Factors for Loss Development |
| Exhibit 8 | Claim Frequencies |
| Exhibit 9a | Measures of Goodness of Fit in Trend Calculations Using Loss Ratios |
| Exhibit 9b | Measures of Goodness of Fit in Trend Calculations Using Severity Ratios |
| Exhibit 10 | Graphs of Indemnity and Medical Loss Ratios |
| Exhibit 11a | Retrospective Test of Trend Projections for Loss Ratios |
| Exhibit 11b | Retrospective Test of Trend Projections for Severity Ratios |
| Exhibit 12 | Indicated Change in Loss Costs |
| Exhibit 13 | Loss Based Assessments and Employer Assessment Factor |
| Exhibit 14 | Pennsylvania Construction Classification Premium Adjustment Program (PCCPAP) |
| Exhibit 15 | Merit Rating Plan Off-Balance Indications |
| Exhibit 16 | Certified Safety Committee Program Offset |
| Exhibit 17 | Loss Cost Formulae |
| Exhibit 18a | Review of Experience Rating Plan Results (Uncapped) |
| Exhibit 18b | Review of Experience Rating Plan Results (Summary Page Only - with Capping) |
| Exhibit 19 | Review of Experience Rating Plan Parameters |
| Exhibit 20a | Table II |
| Exhibit 20b | Table III |
| Exhibit 20c | Table IV |
| Exhibit 22 | Empirical Loss Distribution |
| Exhibit 23 | Proposed Excess Loss (Pure Premium) Factors |
| Exhibit 24 | State & Hazard Group Relativities |
| Exhibit 25 | Loss Elimination Ratios |
| Exhibit 26 | Retrospective Development Factors |
| Exhibit 27 | Table B |
| Exhibit 28 | Loss Costs and Expected Loss Factors |
| Exhibit 29 | Tests of Indicated & Selected Loss Costs |
| Exhibit 30 | Distribution of Loss Cost Percentage Changes |
| Exhibit 31 | Expected Loss Factors for Classes Discontinued Effective December 1, 2010 |
| Exhibit 33 | Attendant Care Classification Study |
| PCRB Staff Memorandum of December 6, 2013: Proposed Revisions to Designated Auditable Payrolls | |
| PCRB Staff Memorandum of November 8, 2013: Proposed Manual Language Revisions to Sections 1 and 2 (Housekeeping) | |
| PCRB Staff Memorandum of November 21, 2013: Code 955, Consulting Engineers and Operations Separately Rated To Code 607, Drilling, N.O.C. | |
| PCRB Staff Memorandum of December 5, 2013: Discontinuation of All Retrospective Rating Endorsement Forms from Pennsylvania Basic Manual | |
| PCRB Staff Memorandum of November 25, 2013: Department of Labor and Industry Forms | |
| PCRB Staff Memorandum of June 4, 2013: Manual Revisions – Section 1, Rule IX, D | |
| File | Description |
|---|---|
| Index and Supporting Classification Exhibits | Review and/or download Index and supporting Classification Exhibits. File can be printed once accessed. |
| Class Book EXCEL File | Review and/or download the Class Book data in Excel format. The file also contains worksheets showing a record layout of the file, and for viewing or printing individual Class Book pages. |
| Class Book PDF file | The file can be used to print all or selected pages of the Class Book |
| Medical-Only Supplement to Class Book | Review and/or download Medical-Only Claim Count Supplement to the Class Book in Excel format. |
| Exposure and Premium Supplement to Class Book | Review and/or download Exposure and Premium Supplement to the Class Book in Excel format. |