F-Classification Values Proposed Effective December 1, 2024
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.
Jump to Class Book
| File | Description |
|---|---|
| Filing Letter | |
| Actuarial Memorandum | |
| 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 |
| Exhibit 10 | 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 |
|
| File | Description |
|---|---|
| Other Supporting F-Classification Exhibits | Review and/or download Other Supporting F-Classification Exhibits. File can be printed once accessed. |
| Class Book EXCEL File | Review and/or download the Class Book data in Excel format. |
| Class Book PDF File | The file can be used to print all selected pages of the Class Book |