Question: Hi, I need help with my assignment please. 5. 10 Points (You will need to reference the ABC of Experience Rating Handout and Supplemental Notes

Hi, I need help with my assignment please.

Hi, I need help with my assignment please. 5. 10

5. 10 Points (You will need to reference the ABC of Experience Rating Handout and Supplemental Notes which is posted) The state of Wisconsin has a state per claim limit of $249,500 (use this limitation in your calculation). Assume that company XYZ had three claims from three separate accidents. Fill in the table below to indicate the "actual incurred limited" and the "actual primary cost" for each of the three claims. (This information will be used by those responsible for calculating experience modification - policyholder on loss runs does not see this information). Claims Actual Incurred Limited Actual Primary 1 2 Actual Incurred $375,000 $120,000 $50,000 $292,000 3 Total

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