Description: This research project seeks to develop a broader understanding of the relationship between ownership of insurance and retirement products and the income and wealth gap between races and ethnicities in the United States.

Description: An introductory article for the June 2023 issue of the General Insurance Insights e-newsletter.

Description: Reserving and ratemaking calculations are vital to how insurance companies perform financially. Current-day practices for predicting future loss ratio or pure premiums for reserving and ratemaking rates are not based on low prediction errors—mean squared error (MSE) criterion. This report provides mathematically optimal weights that lead to minimum MSE prediction errors, and the formulas are validated using retro-testing with real-world datasets. In this report, two main theorems are discussed, each addressing prediction of future loss ratio or pure premium and improving upon current practices for how rates and reserves are calculated.

Description: This abstract describes studies that further the understanding of risk surrounding automated vehicle technology.

Description: Personal Injury Protection (PIP) pays for post-collision medical expenses regardless of who was at fault. It is only available in certain states

Description: This paper proves that rates and premiums are not needed as input in the rating process.

Description: Feature articles discussing the risks created by climate change.