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Utilizing a Pure Loss Rating Matrix

by Jason Luckett, Actuarial Consultant & Sam Rhodes, Actuarial Analyst | Jul 25, 2022 | Loss Control, Loss Development and Trend

When to Use a Pure Loss Rating Matrix When insureds are considering how to fund estimated liabilities for a future period, they will often use a loss projection and confidence interval to determine adequate funding. For company XYZ, Inc. projected workers compensation...

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