Defining Discrimination and Quantifying Disparate Impact in Insurance

Governmental risk pools serve a critical role for the availability and affordability of insurance coverage for all kinds of public entities, including cities, counties, school districts, and a host of others. Risk pools not only provide insurance coverage to their members but also add value with additional benefits such as loss control initiatives, grant programs, and supplemental training. Just like the private sector, the public entity insurance market is continually evolving. For this APEX, Senior Consulting Actuary Daniel Linton and Consulting Actuary Nicole McArdle will provide an

For our April Pinnacle APEX Webinar, Principal and Consulting Actuary Derek Freihaut, Director and Consulting Actuary Greg Fears and Consulting Actuary Nick Gurgone will discuss the topic of risk distribution, quantifying a risk distribution metric, and the expected adverse deviation (EAD) method. Derek, Greg and Nick will discuss how risk distribution is needed for a transaction to qualify as insurance which remains an issue for the insurance industry. The team will also provide case study examples with lessons learned from applying EAD for hundreds of new captive insurance companies.

Senior Consulting Actuary Darcie Truttmann, Consulting Actuary Andrew Krieger, and Managing Principal Joseph Herbers will take a deep look into the state of the market for both personal auto liability and auto physical damage. Darcie, Andrew, and Joe will discuss different factors that are increasing costs and rates for both as well as explore the trends that are currently being observed in the market.