Filing at a Glance General Information - Delaware Insurance ...
Filing at a Glance General Information - Delaware Insurance ...
Filing at a Glance General Information - Delaware Insurance ...
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Allst<strong>at</strong>e Indemnity Company<br />
Priv<strong>at</strong>e Passenger Auto<br />
<strong>Delaware</strong><br />
Determin<strong>at</strong>ion of St<strong>at</strong>ewide R<strong>at</strong>e Level Indic<strong>at</strong>ion<br />
Bodily Injury<br />
1) Indic<strong>at</strong>ed Provision for Loss and Loss Adjustment Expense<br />
2) Current Fixed Expense R<strong>at</strong>io<br />
3) Three Year Average Earned Premium<br />
4) Current Dollar Provision for Fixed Expense [ (2) x (3) ]<br />
5) Factor to Adjust for Subsequent Change in Fixed Expense<br />
6) Indic<strong>at</strong>ed Provision for Fixed Expense [ (4) x (5) ]<br />
7) Variable Expense and Profit R<strong>at</strong>io<br />
8) Indic<strong>at</strong>ed Average Premium [ (1) + (6) ] / [ 1 - (7) ]<br />
9) Projected Average Earned Premium <strong>at</strong> Current R<strong>at</strong>es<br />
10) Indic<strong>at</strong>ed R<strong>at</strong>e Level Change [ (8) / (9) - 1.0 ]<br />
Attachment III<br />
Exhibit 1.1<br />
$499.22<br />
9.6 %<br />
$518.86<br />
$49.81<br />
1.075<br />
$53.55<br />
20.5 %<br />
$695.31<br />
$519.22<br />
33.9 %
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