Defining Discrimination and Quantifying Disparate Impact in Insurance
Thursday, February 17, 2022, at 2:00 p.m. Eastern (1:00 p.m. Central)
Registration is now open for our next Pinnacle APEX Webinar.
Pinnacle's Roosevelt Mosley and Radost Wenman and their guest, Kuda Chibanda from The Hartford, will discuss disparate impact in the insurance industry, including terminology and compare several potential statistical methods that actuaries can apply to measure fairness in the context of insurance rating.
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Pinnacle’s Senior Consulting Actuaries Erich Brandt and Greg Fears and Associate Actuary Amanda Conklin will analyze groups that experienced adverse loss development this past year. The team will cover how the industry performed over the last several years relatively, as well as discuss risk of material adverse deviation items as observed in recent statements of actuarial opinion.
Pinnacle Principal and Consulting Actuary Tim Mosler and Senior Consulting Actuary Scott Whitson as they examine medical professional liability insurers’ recent financial results and the forces driving those results, and anticipate what may lie ahead for the medical professional liability industry.
This webinar will examine the latest Actuarial Standards of Practice (ASOPs) that have proposed revisions, including a discussion of why revisions have been proposed and the feedback received thus far. Among the ASOPs to be discussed are No. 41: Actuarial Communications, No. 36: Statements of Actuarial Opinion Regarding L&LAE Reserves, No. 29: Expense Provisions for Future Cost Estimates for Prospective P/C Risk Transfer and Risk Retention, and No. 20: Discounting of P/C Claim Estimates. Rob Walling and Megan Baker will examine the proposed changes of these ASOPs.