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The Year in Review
Joe Herbers December 15, 2017 Posted in: Blog Posts, General, News

Pinnacle has enjoyed a highly successful 2017. We have added ten new full-time employees this year and now have 28 credentialed actuaries on staff, with another two actuarial analysts anticipating earning their Associate credential of the Casualty Actuarial Society (CAS) in the spring of 2018. 

Rob Walling

“Ch-ch-ch-ch-Changes (Turn and Face the Strange)”

The 2017 NRRA National Conference Focuses on the Reality of Disruptive Innovation

“Ch-ch-ch-ch-Changes (Turn and Face the Strange)”
Rob Walling October 10, 2017 Posted in: Blog Posts, General, News
This year’s National Risk Retention Association (NRRA) National Conference in Chicago offered several sessions focused on disruptive innovation’s impact on the rapidly changing face of risk. The keynote presentation, The Reality Trap, was a thought-provoking exploration of how expanding one’s perspective can equip people to better embrace change. The presenter challenged audience members’ preconceived notions about generational differences and suggested that we simply cannot learn new skills quickly enough to keep up with the ever-accelerating pace of change.
Tags: RRGs, NRRA
Women’s Health and Insurance
When I recently scheduled an OB-GYN appointment, the first available opening was nearly two months out. Many women already wait months to see a physician for routine care. The critical nature of the aging OB-GYN workforce is clear, and this crisis will force some substantial changes for both patients and insurers.
Insights on Climate Change Using the Actuaries Climate Index
Zach Brogadir June 06, 2017 Posted in: Blog Posts, General, News
Climate change made headlines this week as a key government decision sparked renewed debates among politicians. It’s a topic that has also sparked serious discussion within the insurance industry and actuaries are being asked to evaluate the potentially serious implications. Our previous blog post examines how climate change could impact the insurance industry and discusses what actuaries are doing to provide unbiased tools to analyze climate data. The Actuaries Climate Index (ACI) measures the changes in climate over time in a single index score. Scores greater than 0 indicate a greater than average frequency of extreme weather such as high temperatures and rising sea levels. The ACI provides a wealth of information from which we can gain key insights into the behavior and impact of climate change that has already been observed.
Actuaries Adapt to Climate Change Using New Tools
Multiple Authors June 01, 2017 Posted in: Blog Posts, General, Insurance / Insurers, News
It’s concerning that many indicators of climate change like global temperature or sea levels continue to rise. Fortunately for the insurance industry, actuaries are also rising to the challenges posed by climate change. One recent example is the creation of the Actuaries Climate Index (ACI) and the forthcoming Actuaries Climate Risk Index (ACRI). These indices were created jointly by the American Academy of Actuaries (AAA), Canadian Institute of Actuaries (CIA), Casualty Actuarial Society (CAS) and Society of Actuaries (SOA) to help actuaries address the challenges climate change has created.
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