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| rev | Admin | (Created page with "Since the last rate change was at the start of calendar year 1 and the policies are annual, the accident year 2 earned premium at current rates is the same as accident year 2 earned premium or $1,700,000. The midpoint of the experience period is 07/01/CY2 and the midpoint of the forecasting period is the end of calendar year 3; hence the trend factor equals 1.04 <sup>1.5 </sup> = 1.0606 and the inflation adjusted projected ultimate losses for accident year 2 equal $1,590...") | Jul 25'24 at 19:46 | +822 |