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Tutorial The Analysis Setup Data page is where you define important information concerning the loss projection or reserve analysis. The data you indicate on this page will determine the subsequent input and display screens that you see as you proceed though the analysis.
NEW
for workers compensation analysis: Due to the impact of California’s recent legislative changes on workers comp trending factors and the ensuing impact on countrywide averages, we have created a new state choice of CX in the Workers Compensation Optional Input area of the Analysis Setup Data page.
If you elect to indicate WC individual state percentages, the CX code can be used to reflect the countrywide average excluding California. This selection would best be used if the analysis includes workers comp coverage in several states excluding California. This is provided as an alternative to individually choosing the multiple states. The default WC factors when no states are specified will continue to be the national average factors.
To use this feature, check the option for "Specify individual state percentages" on the Analysis Setup Data page. Then click the link that says "Click here to enter individual state percentages."
On the resulting pop-up form you can
indicate the workers compensation breakdown by state. Your total
percentages must add up to exactly 100. You may use the code 'CW' to
indicate that the country-wide average should be used for any indicated
percentage or 'CX' to indicate the country-wide average excluding
California. For example, you might specify |
Videos
FAQs
What do I enter for the loss limit on the Analysis Setup Data page? What is the difference between the two methods of loss development?
Still have a question? |
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This page can be printed
with no right-margin overflow by using the Page Setup command to set the left margin to 1.0 and the right margin to 0.5 inches. |
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