Proposal C-356
April 1, 2009 Loss Cost Filing
 

On December 10, 2008 the Bureau made a loss cost filing with the Pennsylvania Insurance Department. That filing, designated as Proposal C-356, proposed revisions to loss costs, related rating values and Manual rules effective April 1, 2009.

A complete listing of the proposals and supporting information comprising the Bureau’s April 1, 2009 loss cost filing appears below. Clicking on each listed item will allow you to review and/or download the filing materials as needed.

Note: As originally filed Exhibit 22, pages 1-4 mistakenly showed the empirical loss distribution for the April 1, 2008 filing. The exhibit was corrected on December 18, 2008 and now includes the appropriate April 1, 2009 distribution.

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
	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
	Class Book
	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 (Corrected December 18, 2008)
	Exhibit 23	Proposed Excess Loss (Pure Premium) Factors
	Exhibit 24	State & Hazard Group Relativities
	Exhibit 24a	Classification Hazard Group Reassignment
	Exhibit 25	Small Deductible - 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	Hepatitis C Surcharge
	Staff Memorandum of November 14, 2008 - Proposed Revisions to Designated Auditable Payrolls.
	Proposal C-356 - Amendment of March 4, 2009
	Note! See Proposal C-357 - April 1, 2009 Loss Cost Filing - Classifications 809 - Fuel Distribution and 992 - Sanitary Company for Corrections / Revisions to Proposal C-356 for those two classifications.
	Filing Letter
	Brown Book
	Index and Supporting Classification Exhibits
	Class Book
	Exhibit 12	Indicated Change in Loss Costs
	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
	Exhibit 31	Hepatitis C Surcharge

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