present pure premium 2 years (1.1 is carried to the second power). He
doesn't specify the assumed effective date for the proposed rate, so the
trending period does not seem obvious . I assume because he says "...the
following data for 1996 policy rates" that the assumed effective date fo=
r
the proposed rates is 1/1/1996, two years after the effective date
requested for last change (1/1/1994). Thus two years of trend.
Anyone disagree?
Rich Sieger