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Pinnacle U Continually Contributes to the Actuarial Profession
Joe Herbers May 25, 2017 Posted in: Blog Posts, Self-Insured Entities
Pinnacle recently hosted the 4th annual Pinnacle U event in our Bloomington office. Pinnacle U is a collaborative effort between Illinois State University (ISU) and Pinnacle that provides a wide array of training and development opportunities for its participants. The event is also a tangible response to the strategic plan of the Casualty Actuarial Society (CAS), which lists improving communications and relationships with candidates and academics as a top priority.
Puerto Rico as the Bridge Between Latin America and the U.S.
The 2017 Self-Insurance Institute of America (SIIA) International Conference took place in San Juan, Puerto Rico on April 18-19. Session highlights included the advantages of the island’s financial services environment for offshore companies and an overview of the Puerto Rico Insurance Code. An accredited member of the National Association of Insurance Commissioners (NAIC), Puerto Rico’s Office of the Commissioner of Insurance (OIC) has taken an active role in promoting the island as an ideal domicile for international insurers.
Highlights from the CSIA’s 2017 Annual Meeting and Conference
The California Self-Insured Association’s (CSIA) Annual Meeting and Educational Conference took place April 3-4 at the Disneyland Hotel in Anaheim, California. Amid the bustling spring break crowd at, “The Happiest Place On Earth,” the CSIA orchestrated another sold-out event. The multitude of California self-insureds in attendance included (among others) Southern California Edison, Nordstrom and, of course, Disney.
Pricing Without Data Requires Actuarial Creativity
Pricing for coverages commonly written by small captives making the 831(b) tax election is not your run-of-the-mill actuarial exercise. As a result, captive owners and managers need to be sure their chosen actuary has the experience and judgment necessary to perform these services successfully.
Greg Fears

SAO for Illinois Joint Self-Insurance Pools

New Rules for 2014 – 2015

SAO for Illinois Joint Self-Insurance Pools
There are new requirements in Illinois for joint self-insurance pools as relates to statements of actuarial opinions (SAO).
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