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CC PACKET 05231989
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CC PACKET 05231989
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Last modified
12/30/2015 4:36:50 PM
Creation date
12/30/2015 4:36:27 PM
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SP Box #
18
SP Folder Name
CC PACKETS 1987-1989
SP Name
CC PACKET 05231989
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City of St. Anthony 23-May-89 <br /> Policy Period: 6/1/86-87 6/1/87-88 <br /> Evaluation: Second First <br /> Carrier: LMCIT LMCIT <br /> Losses Valued as of: 10/1/88 10/1/88 <br /> Standard Premium: 94,729 75,524 <br /> Discounted Premium: 86,205 68,824 <br /> Basic Factor: 0.350 0.350 <br /> Minimum Premium Factor: 35.00% 35.00% <br /> Maximum Premium Factor: 120.00% 120.00% <br /> Loss Conversion Factor: 1.10 1.10 <br /> Incurred Losses: 5,743 2,442 <br /> Excess Loss Premium Factor: 0.00 0.00 <br /> Tax Multiplier: 1.00 1.00 <br /> Payment Percentage: 100% 100% <br /> Basic Premium 30,172 24,088 <br /> Converted Losses: 6,317 2,687 <br /> Excess Loss Premium: 0 0 <br /> Minimum Premium Factor: 33,155 26,433 <br /> Maximum Premium Factor: 113,675 90,629 <br /> Retro Premium: 36,489 26,775 <br /> Previously Billed *: 36,489 75,524 <br /> Chargeable Premium 36,489 26,775 <br /> TOTAL SAVINGS OVER GUARANTEED COST: $49,716 $42,049 <br /> Prepared By: American Risk Services, Inc. <br />
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