The Actuarial Subcommittee presented the proposed July 1, 1999 rate revision to the Committee. After discussion, the Committee voted to accept the recommendation of the Subcommittee and adopted to file an overall rate level decrease of –1.16%. There is no proposed change in either the minimum premium multiplier of 170 nor in the maximum minimum premium of $850. A number of other changes will be included in the remainder of the filing.

Donna Knepper

Executive Secretary