This session will provide an overview of NCCI's new class ratemaking methodology. The panel will explain the key components that are being revised; loss limits, loss development, excess loss provision, etc. The new methodology, which will not affect overall statewide premium, will improve class equity through greater stability and accuracy in class loss costs. The panel will present a comparison of the new vs. current methodology for four states. The latest loss cost filings in each of these states were reproduced to facilitate an analysis of the impact of the new methodology in the first year of implementation.