2016.

The insurance company's manual rates (or book rates) are used in determining the rate or rate adjustment annually. Manual rates are premium rates established
manual rate. An insurance premium rate that is based on average claims data for a large number of groups, which is then adjusted for specific groups based on
Manual Rates. (1) The published rate for some unit of insurance. (2) Rates based on average claims data for a large number of groups. These rates are then adjusted for specific groups based on that group's characteristics, such as the type of industry, changes in benefits from the standard, etc.
manual rates. Insurance rates derived from data on average claims from a large amount of claims. These rates are then customized based on the information available on certain groups.
Rate making, or insurance pricing, is the determination of rates charged by insurance The second rate making method is class rating, or manual rating.
12 Dec 2008 “manual rates" and partly on the group's experience. See also manual rating. block of policies — A group of enrollees in the same product, the
How rates for insurance premiums are determined for property and casualty These rates are published in a manual, and so the class rating method is

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February 2018