The purpose of this filing is to introduce schedule rating. Currently, rating plan does not afford the underwriter any judgment which can be exercised at the account level. As we have written this business, our underwriters have identified meaningful and useful attributes which help to identify differences account to account. Through discussions with our Underwriting team, we have judgmentally selected underwriting characteristics that reflect differences in loss propensity.
As previously indicated in our original filing, which was reviewed and approved by your Department under SERFF Tracking Number 6EWPCY527 on 09-07-2005, the Blanket Occupational Accident Reimbursement Policy is an accidental death and/or dismemberment policy.