Moore Actuarial Consulting, LLC
Here are some links that may be of interest to insurance professionals, particularly in regard to Directors’ & Officers’ Liability (D&O), warranty, extended services contracts (ESCs) and vehicle service contracts (VSCs). Also included are links to some actuarial and other insurance professional organizations.
Social Inflation and Loss Development
This paper examines evidence of social inflation in industrywide loss development triangles with a focus on Commercial Auto Liability.
Social Inflation and Loss Development – An Update
This paper extends our prior analyses on social inflation and loss development through the end of 2021, focusing again on commercial auto liability.
Impact of Increasing Inflation on Personal and Commercial Auto Liability Insurance
Inflationary trends in auto liability insurance, personal and commercial combined, drove loss and defense containment costs (DCC) between $96 billion and $105 billion higher than they would have been for the period from 2013 to 2022.
Social Inflation and Loss Development – Medical Malpractice
Using insurance company annual statement data, this study estimates that in the decade ending in 2021, between $2.4 and $3.5 billion, or 8 to 11 percent, of all medical malpractice losses incurred by physician-focused insurers stemmed from social inflation.
Social Inflation and the Bornhuetter-Ferguson Method
This article discusses the affects of social inflation on a commonly used actuarial technique called the Bornhuetter-Ferguson Method.
Components of Renewal Premium Change
The intent of this paper is to outline a theoretical approach to calculating the components of renewal premium change with a key goal of accurately calculating rate change.
Practical Considerations for Building a D&O Pricing Model
The intent of this paper is to provide some practical considerations when building a public company Directors’ & Officers’ Liability (D&O) pricing model.
Advisen is the leading provider of data, media, and technology solutions for the commercial property and casualty insurance market. Advisen’s proprietary data sets and applications focus on large, specialty risks.
Professional Liability Underwriting Society
PLUS is recognized as the primary source of professional liability educational programs and seminars, networking events, educational products, and information regarding professional liability.
The D&O Diary
A Periodic Journal Containing Items of Interest From the World of Directors & Officers Liability, With Occasional Commentary.
Warranty Week – The Newsletter for Warranty Management Professionals
Warranty Week is the premier newsletter for information on warranty management systems, claims management systems, online warranty processing services, extended warranty services, product warranty program administration, and online registration.
Casualty Actuarial Society
The Casualty Actuarial Society (CAS) is a leading international organization for credentialing and professional education. Founded in 1914, the CAS is the world’s only actuarial organization focused exclusively on property and casualty risks and serves over 8,000 members worldwide. CAS members are experts in property and casualty insurance, reinsurance, finance, risk management, and enterprise risk management. Professionals educated by the CAS empower business and government to make well-informed strategic, financial and operational decisions.
American Academy of Actuaries
The American Academy of Actuaries is a D.C.-based 18,500+ member professional association whose mission is to serve the public and the U.S. actuarial profession. Academy members include consultants, corporate executives and staff, regulators, government officials, academicians, and retired actuaries. Their areas of practice cover pensions, life insurance, casualty insurance, health insurance, financial reporting, risk management, and more.
Chartered Enterprise Risk Analyst – CERA Global Association
The Chartered Enterprise Risk Actuary (CERA) is a global risk management qualification which encompasses a world-class curriculum that combines actuarial science with the theoretical, practical and professional principles of ERM.
International Center for Captive Insurance Education
ICCIE was developed in response to a need expressed by captive insurance professionals for in-depth educational offerings, information on current topics, and a professional designation.
International Risk Management Institute
IRMI helps insurance and risk management professionals do a better job by providing Content, Conferences, Continuing Education, and Certifications.
Management Liability Insurance Specialist
The Management Liability Insurance Specialist (MLIS) program is a continuing education curriculum that provides an in-depth understanding of management liability exposures and insurance coverage.
Transportation Risk and Insurance Professional (TRIP)
The Transportation Risk and Insurance Professional (TRIP®) continuing education program provides an opportunity for insurance agents, brokers, customer service representatives, underwriters, adjusters, and in-house risk managers or insurance buyers to gain specialized expertise in transportation insurance and risk management.
Construction Risk Insurance Specialist
The Construction Risk and Insurance Specialist (CRIS) program is a continuing education curriculum focusing on the insurance and risk management needs of construction projects and contractors.