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Higher Workers Compensation Rates for Florida
The Florida Office of Insurance Regulation (FLOIR) reached a decision this week on the rate impact of the recent Supreme Court rulings on workers compensation by granting contingent approval of a 14.5% rate increase effective December 1, 2016.
Art Randolph

Florida’s Property Insurance Market

The Wind Is (Finally) Blowing

Florida’s Property Insurance Market
With Hurricane Hermine bearing down on Florida, I recognized that I could not physically do anything to assist my sister and her family in Jacksonville (or my friends and extended family throughout the state), nor my insurance company clients that admirably serve the communities that will be affected by the storm. However, Hermine obligates me to contemplate the potential impact she may have on the underwriting results and financial solvency of Florida property insurers, and how the property insurance landscape might be altered.
Are MPL Loss Reserves a Better Bet than the Patriots?
Tim Mosler October 14, 2015 Posted in: Blog Posts, Health Care / MPL, Loss Reserving
I recently attended the Casualty Actuarial Society’s Loss Reserve Seminar. During the conference, I attended two sessions on medical professional liability insurance (MPL) and led a roundtable discussion on MPL reserving. It reminded me of professional football.
Communication is Key to Successful Collateral Negotiations
Collateral negotiations can often be contentious. While collateral is required for a variety of insurance programs, opinions of how much collateral is necessary can differ significantly. These differences are borne out of different perspectives and motives between parties involved in the negotiation. An objective discussion between the actuaries behind the loss projections on both sides of the negotiation can help find valuable middle ground.
CLRS—Importance of Fundamental Issues
Rob Walling September 17, 2014 Posted in: Blog Posts, Insurance / Insurers, Loss Reserving
The 2014 Casualty Actuarial Society Loss Reserve Seminar (CLRS) was held this week in San Diego. I was impressed with the quality of the speakers and session content of the seminar in total.
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