On August 21, 2024, the DCRB submitted Filing No. 2405 to the Delaware Department of Insurance. That filing proposed an overall change in the collectible rate level of -4.97% for F-Classifications in the residual market and an overall change of -0.48% for the voluntary market loss costs. The proposed effective date is December 1, 2024.
A complete listing of the proposals and supporting information comprising the DCRB’s December 1, 2024 filing appears below. Clicking on each listed item will allow you to review and/or download the filing materials as needed.
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Filing Letter | |
Actuarial Memorandum | |
Class Book | |
Exhibit 1 | Indicated Change in Rate Level |
Exhibit 2 | Expense Loading |
Exhibit 3 | Expense Study |
Exhibit 4 | Internal Rate of Return Model |
Exhibit 5 | Analysis of Experience |
Exhibit 6 | U.S. Longshore & Harbor Workers' Compensation Coverage Percentage |
Exhibit 7 | Table II - Unit Statistical Data |
Exhibit 8 | Tax Multiplier |
Exhibit 9 | Rate & Loss Cost Formulae |
Derivation of F-Class Rates and Loss Costs | |
Exhibit 11 | Calculation of Expected Loss Rate Factors |
Exhibit 12 | Manual Rates, Loss Costs and Expected Loss Rates |
Exhibit 14 | Effect of 10/1/25 Benefit Change |
Exhibit 15 | Other Supporting F-Classification Exhibits |
Manual Pages (with Changes) | |
Manual Pages (with Changes Accepted) | |
Completed Copies of the Following Property & Casualty Filing Forms: | State-Specific Requirements Property & Casualty Transmittal Document Rate / Rule Filing Schedule |