ISO Exper Rating

( MICHAEL.J.MILLER.CUFC@statefarm.com )
(no date)

Date: Wednesday, 30 September 1998 4:58pm CT
To: EXTERNAL.EMAIL
From: Michael.J.MILLER
Subject: ISO Exper Rating

In the Murdza study manual, there's a 1979 question & answer that indicates
that trend is not included in the AER for liability experience rate-making.
However, the ISO paper includes the "detrend" factor in developing the losses
that go into the AER.