Abstract
The enactment of workmen's compensation laws in this country imposed upon the insurance departments of a certain few but relatively important states a new function, that of approving, as to their adequacy and non-discriminatory nature, premium rates in connection with a line of business under which American experience results were not available. As such supervision required a close scrutiny of the various expense items and a determination of the amount of ultimate losses some method of accumulating actual experience was necessary. To meet this requirement a form of report known as Schedule "W" was devised for use in certain states only. In each instance it was confined to the workmen's compensation business of such state and was similar in form to pages 2, 3, 5, 8 and 9 of the annual statement.
Volume
II
Page
447-465
Year
1915
Categories
Actuarial Applications and Methodologies
Accounting and Reporting
Annual Statement
Actuarial Applications and Methodologies
Accounting and Reporting
Expense Classification
Actuarial Applications and Methodologies
Ratemaking
Expense Loads
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society
