Proposal C-374

On December 17, 2018, the PCRB submitted a loss cost filing to the Pennsylvania Insurance Department. That filing, designated as Proposal C-374, proposed revisions to loss costs and related rating values effective April 1, 2019.

A complete listing of the proposals and supporting information comprising the PCRB's April 1, 2019 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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• Filing Letter (Refreshed 2/5/2019)
• Actuarial Memorandum
• Brown Book
• Discussion of Casualty Actuarial Society's "Statement of Principles Regarding Property and Casualty Unpaid Claims Estimates"
• Index and Supporting Classification Exhibits
• Class Book
• Exhibit 1 Indicated Change in Loss Costs
• 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 10 Graphs of Indemnity and Medical Loss Ratios
• 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 Pennsylvania Certified Safety Committee Program Offset
• Exhibit 17 Loss Cost Formulae
• Exhibit 18 Review of Experience Rating Plan Results
• Exhibit 19 Review of Experience Rating Plan Parameters
• Exhibit 20a Table II
• Exhibit 20b Table III
• Exhibit 20c Table IV
• Exhibit 22 Empirical Pennsylvania Loss Distribution
• Exhibit 23 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 35 Evaluation of Pennsylvania Supreme Court ruling in Protz v. WCAB (Derry Area School District)
• Exhibit 36 Evaluation of House Bill 1840 of 2017

Proposal C-374 - Amendment of January 21, 2019

• Filing Letter
• Brown Book
• Index and Supporting Classification Exhibits
• Class Book
• Exhibit 1 Indicated Change in Loss Costs
• Exhibit 6 Paid & Incurred Loss Development & Trend
• Exhibit 7 Tail Factors for Loss Development
• Exhibit 8 Claim Frequencies
• Exhibit 10 Graphs of Indemnity and Medical Loss Ratios
• Exhibit 19 Review of Experience Rating Plan Parameters
• Exhibit 20a Table II
• Exhibit 20b Table III
• Exhibit 22 Empirical Pennsylvania Loss Distribution
• Exhibit 23 Excess Loss (Pure Premium) Factors
• Exhibit 24 State & Hazard Group Relativities
• Exhibit 25 Loss Elimination Ratios
• Exhibit 26 Retrospective Development Factors
• Exhibit 28 Loss Costs and Expected Loss Factors
• Exhibit 29 Tests of Indicated & Selected Loss Costs
• Exhibit 30 Distribution of Loss Cost Percentage Changes

Proposal C-374 - Second Amendment of February 26, 2019

• Filing Letter
• Brown Book
• Index and Supporting Classification Exhibits
• Class Book
• Exhibit 1 Indicated Change in Loss Costs
• Exhibit 1a Calculation of Adjustment Factor
• Exhibit 1b Paid & Incurred Loss Development & Trend
• Exhibit 1c Tail Factors for Loss Development
• Exhibit 17 Loss Cost Formulae
• Exhibit 19 Review of Experience Rating Plan Parameters
• Exhibit 28 Loss Costs and Expected Loss Factors
• Exhibit 29 Tests of Indicated & Selected Loss Costs
• Exhibit 30 Distribution of Loss Cost Percentage Changes