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| rev | Admin | (Created page with "An insurer is considering a rate change that will be in effect during calendar year 4. The insurer uses the loss ratio method for ratemaking and has access to the following historical loss data for accident year 1: <table class="table"> <tr><th>Date</th><th>Incremental Payments</th><th>Case Outstanding</th> </tr> <tr> <td>12/31/CY1</td><td>$600,000</td><td>$2,000,000</td> </tr> <tr> <td>12/31/CY2</td><td>$800,000</td><td>$410,000</td> </tr> <tr> <td>12/31/CY3</td><td>$3...") | Jul 25'24 at 19:47 | +1,215 |