The Casualty Actuarial Society (CAS) has selected four universities to receive the 2016 CAS University Award, an honor created to recognize schools doing exemplary work in preparing students for a career in the property/casualty insurance industry. The schools honored in …
The Institutes and the Casualty Actuarial Society have announced a strategic alliance formed between the two organizations at the CAS Annual Meeting on November 16, 2015 in Philadelphia. Both organizations share a similar mission of delivering educational solutions for risk …
A new report sponsored by the Casualty Actuarial Society Committee on Health Care Issues provides a framework to estimate the potential future financial impact of Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007 (MMSEA) on the …
Though the impact of the Affordable Care Act (ACA) on medical malpractice insurance remains a bit of a puzzle, three insurance experts pieced together likely effects at an insurance conference for actuaries in late-May in New York. Forecasting a coherent …
The car of the future is pictured in an imagined scene in a 1950s science magazine. The illustration depicts a family sitting in a big convertible, a tail-finned monster. Mom, Dad, and the kids (brother and sister) are in a …
The crossroads of auto insurance these days is telematics, the use of an electronic device to monitor how an automobile is being driven. The device monitors where a car is and how it is being driven, and in theory, should …
To price next year’s insurance, property/casualty actuaries need to know what trends are emerging right now. A wide-ranging discussion at the Casualty Actuarial Society Annual Meeting held in early November during a session on “Emerging Homeowners and Personal Auto Exposures” …
The U.S. medical professional liability (MPL) market has been profitable in recent yearsbut challenges await MPL insurers because an influx of newlyinsured patients, coupled with health care delivery system changes, could expand the risks MPL insurers face, the Casualty Actuarial …
The ever-shifting cyberscape of laptops, cell phones, and cloud computing has made cyber liability a fast-emerging exposure in the 21st century business world, and insurers are stepping up with coverages. At the Casualty Actuarial Society’s Seminar on Reinsurance, held June …
Decreases in frequency of claims among healthcare practitioners, the stabilization of claim severity trends, shifts in the medical profession, the impact of risk management training and advancements in patient safety are all contributors to a positive outlook for the medical …