DCRB Filing No. 2405 – December 1, 2024 F-Classification Filing

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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FileDescription
Filing Letter
Actuarial Memorandum
Exhibit 1Indicated Change in Rate Level
Exhibit 2Expense Loading
Exhibit 3Expense Study
Exhibit 4Internal Rate of Return Model
Exhibit 5Analysis of Experience
Exhibit 6U.S. Longshore & Harbor Workers' Compensation Coverage Percentage
Exhibit 7Table II - Unit Statistical Data
Exhibit 8Tax Multiplier
Exhibit 9Rate & Loss Cost Formulae
Exhibit 10Derivation of F-Class Rates and Loss Costs
Exhibit 11Calculation of Expected Loss Rate Factors
Exhibit 12Manual Rates, Loss Costs and Expected Loss Rates
Exhibit 14Effect of 10/1/25 Benefit Change
Exhibit 15Other 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
Class Book
FileDescription
Other Supporting F-Classification ExhibitsReview and/or download Other Supporting F-Classification Exhibits. File can be printed once accessed.
Class Book EXCEL FileReview and/or download the Class Book data in Excel format.
Class Book PDF FileThe file can be used to print all selected pages of the Class Book