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At Pinnacle, giving back is a centerpiece of our culture. In fact, community involvement is one of our core values as an organization. During the year, our employees give to and volunteer at all kinds of charitable organizations, from Wounded Warrior and St. Jude’s Children’s Hospital to local churches, schools and food pantries. We’re proud of everything our people do, both for our
clients and in making our communities (and the world) a better place. We truly
have great people at Pinnacle.
We are finishing our 17th year as Pinnacle
Actuarial Resources, although we’ve played a major role in the profession much
longer with our predecessor organizations. In fact, eight of our actuarial
professionals worked together for more than 20 years, and have made countless
material contributions to the growth and success of Pinnacle’s clients and our
Pinnacle Actuarial Resources is dedicated to keeping our clients up-to-date on relevant regulatory, administrative and economic conditions that impact their businesses. Recently, the Workers Compensation Insurance Rating Bureau (WCIRB) of California issued guidance regarding lower-than-anticipated workers compensation (WC) system loss costs. On September 5, the insurance commissioner of California approved all of the WCIRB’s proposed changes. The most current pure premium WCIRB filing, dated August 20, 2019 recommended a 5.4% decrease in average advisory loss costs, effective January 1, 2020.
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