Question: Lori is part of the actuarial team developing revised auto liability rates State Insurance. They have worked through the ratemaking process, and calculated the overall
Lori is part of the actuarial team developing revised auto liability rates State Insurance. They have worked through the ratemaking process, and calculated the overall rate change needed for the state. Lori is now trying to determine if there are any subsets of insureds in the state that deserve rates different from the statewide average. Which one of the following steps in the ratemaking process is Lori performing?
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