Description: Dive into an overview of potential customer value propositions, trends in consumer acceptance and adoption, solving the data portability issue, potential impacts of emerging partner ships with OEMs and more within the auto insurance industry during our latest webcast. Experience interactive dialogue that will allow another dimension of thinking as industry experts provide insights and expertise. Throughout this webcast, you can expect developments in the personal lines automotive telematics-based insurance landscape that will develop a further understanding of the present and future of this industry.

Description: To evaluate the risk associated with personal auto coverage, insurers have traditionally relied on information about the driver (such as age, gender and marital status), location (such as territory or ZIP code), the intended use of the vehicle (such as business or pleasure) and information about the vehicle when new (such as original cost). Insurers then added detail to driver information using sophisticated credit scoring and demographic models, and added detail to vehicle use information with telematics and usage-based insurance pricing. Now, insurers are adding detail about the vehicle itself using vehicle history. The presenters will discuss how carriers use vehicle history to more accurately price and underwrite risks. They will discuss obvious data elements, such as salvage title brands, verified average annual mileage and severe damage, as well as data that may not be as obvious but has proven predictive of loss in the past. Finally, using vehicle history as an entry point for UBI programs will be covered.

Description: The Risks Analytics Symposium 2022: Actuarial Perspectives on Climate Change was a hybrid half-day event where university students, as well as academics and industry professionals, had the opportunity to network and view live discussion panels in-person at UIUC or virtually through Zoom.

Description: Join us for the Pandemics & Paradigm Shifts: ERM in an Intensely Dynamic World panel discussion, where industry and regulatory perspectives will help provide insight into a number of topics. Expect interactive dialogue opportunities based on the conversation between the panelists and the audience. Key topics that will be conversed about, but the panel is not limited to, include a brief review of historical paradigm shifts and subsequent insurer failures, best practices and an outlook on the ultra-dynamic world of today and consideration of a company's enterprise risk management framework as it affects ratings and insurance department examinations.

Description: 2021 ImpACT Conference -Session 9E: Insurance Asset Management in A Post-Pandemic World 10.28.21 Recording

Description: On June 17, 2019, the Internal Revenue Service published Final Regulations implementing changes to loss reserve discounting under section 846 of the Internal Revenue Code made by the Tax Cuts and Jobs Act. This note addresses changes made in the Final Regulations, particularly modification of rules for determining the interest rate used for discounting, in response to comments from taxpayers on the proposed regulations.

Description: NAIC Approves SOA GI Track for Qualified Actuary Education.

Description: This article focuses on the TCJA’s changes to the provisions for net operating losses (“NOLs”) and highlights some of the challenges surrounding the NOL provisions that insurance companies may face when making business decisions around reinsurance agreements.