Tesla, which has been testing an insurance product for its drivers in California, is preparing to build an insurer, one CEO Elon Musk says will be “revolutionary.” And he’s inviting actuaries to join his cause. “I would love to have …
Riley Howsden has one of those hip jobs everyone loves to hate. He works at L.A.-based video game producer Riot Games, where business attire includes hoodies, the food comes free and his job entails deducing what kinds of products gamers …
CNA Financial Corp. has appointed two new actuarial senior vice presidents. Mark Kaufman has been appointed senior vice president of Actuarial Pricing for Specialty Insurance. Kaufman will be responsible for the overall direction and general management of specialty pricing in …
Sarah Osborne, assistant vice president and healthcare actuary at Lockton Benefits Kansas City, was recently elected to the Management and Personal Development Council of the Society of Actuaries (SOA). The SOA selects three members to join the international council every …
A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it comes to pricing global reinsurance business, it’s important to remember that “all risks are local.” Athula Alwis, associate vice president …
Actuaries are being urged to lend their expertise as insurers get more involved in using social media tools to connect with policyholders and prospects, tools that are producing metrics ripe for expert analysis. Actuaries should wade in and not wait …
The leveling off of the world’s oil supply and the resulting rising gasoline prices and their economic impact carry implications for property/casualty insurance rates. Oil spikes have been known to precede recessions, which affect auto, home and workers’ compensation claims …
