Survey Shows Most Actuaries and Underwriters Worry About Being Replaced by AI September 23, 2024 With the vast majority (91%) of insurance companies already investing in AI or planning to in the next five years,...
Some Fear Ian Will Consume Florida Cat Fund, Forcing More Reinsurance October 11, 2022 By William Rabb While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated...
Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years February 22, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
Pace of COVID-19 Claims in Calif. Slower than Projected So Far June 4, 2020 By Jim Sams California workers had filed 5,093 COVID-19 workers’ compensation claims as of Tuesday, according to the state Department of Industrial Relations,...
As Nation Reopens, a Historic Referendum on Risk Begins May 22, 2020 By Michael Tackett WASHINGTON — We are becoming a nation of amateur actuaries, calculating the risk of restarting our lives. Can we go...
Valuable Information That Aids Claims, Underwriting Gleaned From Big Data June 18, 2015 The story of big data — the oceans of data that modern technology generates — in some ways presents a...
Actuaries Must Consider Homeowner Envy and Home Telematics in Future Pricing December 13, 2013 To price next year’s insurance, property/casualty actuaries need to know what trends are emerging right now. A wide-ranging discussion at...