Description: The CAS has sponsored research which explores potential exposure bases for rating cyber liability. This short article gives some highlights from that research.

Description: Note from the Council Corner providing an update to our JRMS members on recent / upcoming activities.

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: Property damage (PD) liability coverage in most states pays to repair damage caused to another driver’s vehicle or property in the case of an accident where the insured is at fault.

Description: The personal auto insurance industry is constantly changing. There are small and steady changes over time (e.g., inflation affecting the cost of repairs or general progress in the safety of vehicles) and sharp spikes (e.g., disasters and legislation). That change has never been more apparent with the Covid-19 pandemic, civil unrest, and driverless cars all presently having a significant impact on personal auto insurance.

Description: In this paper, we propose a novel class of propagation models to study the cybersecurity risks in fog computing cased IoT architectures, which are significantly different from the quantitative frameworks used in the existing cyber-related works within actuarial literature.

Description: The Society of Actuaries (SOA) Research Institute commissioned a study to understand how insurers are responding to the framework used for climate disclosure practices, attempting to identify current practice and best and emerging practice. Used by firms to ensure they manage climate risk appropriately, the framework from the Task Force on Climate-related Financial Disclosures (TCFD) focuses on disclosure of governance, risk management, strategy, and metrics.

Description: An introductory article for the December 2024 issue of the General Insurance Insights e-newsletter.