Brockmeier Trend
John.Celidonio@reliancenational.com
Thu, 4 Feb 1999 13:56:26 -0500
The assumption is that the rates will apply to all policies incepting in a
particular calendar year (i.e. a policy year). The last policy written during
this period will not expire until two years after the first inception date.
Given the average accident date of an individual policy is in the middle of
their effective period, the average accident date is therefore one year after
the first inception date.