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2011-01-20 15:39:00

HONOLULU, Jan. 20, 2011 /PRNewswire/ -- Decision Research Corporation (DRC), is pleased to announce the release of new tools in DecisionMaker(TM) Rating which enable carriers to more precisely set policy premiums. This toolset, "DecisionMaker Rating Optimizer," allows carriers to arrive at the most advantageous pricing through a user-maintainable, goal-seeking set of rules. DecisionMaker Rating Optimizer enables carriers to break down complex rating scenarios into granular, functional...

2011-01-14 09:25:00

Company will make refunds to policyholders if rates are unsound SAN FRANCISCO, Jan. 14, 2011 /PRNewswire-USNewswire/ -- Responding to concerns raised about rising individual health insurance rates, Blue Shield of California announced today that it will voluntarily subject its rates to an independent actuarial review and make refunds to policyholders if the actuary finds that the rates are unsound. David Axene, the respected actuary who discovered errors in other California rate filings...

2011-01-12 07:00:00

SEATTLE, Jan. 12, 2011 /PRNewswire/ -- Milliman, Inc., the international firm of consultants and actuaries, announced that it has released MG-ALFA® Version 7.2., the second major update since delivery of Version 7.0 in July of last year. Major enhancements since Version 7.0 include: New Flexible Index Tables for Efficient Data Entry New Projection Keys to Manage Multiple Assumption Sets Within a Single Model Enhancements to Manage Multiple Scenario Sets Within a...

2011-01-10 07:00:00

SCHAUMBURG, Ill., Jan. 10, 2011 /PRNewswire/ -- According to a new study released today by the Society of Actuaries (SOA), the total economic cost of overweight (BMI between 25.0 - 29.9) and obesity (BMI of more than 30) in the U.S. and Canada reaches $300(1) billion per year, with 90 percent of the total - $270 billion - attributed to the U.S. While much research has been conducted on obesity, the SOA study looked at the economic costs of overweight and obesity caused by increased need...

2011-01-05 07:00:00

SCHAUMBURG, Ill, Jan. 5, 2011 /PRNewswire/ -- Nearly half (48 percent) of Americans ages 45-70 have no financial plans in place to protect themselves against outliving their assets and the rising cost of healthcare should they live longer than they expected, according to a new survey released today by the Society of Actuaries (SOA). Additional findings show more than one-third are worried about running out of money during retirement, but only 20 percent plan to purchase an annuity or...

2010-12-13 09:08:00

SCHAUMBURG, Ill., Dec. 13, 2010 /PRNewswire/ -- The Society of Actuaries (SOA) and more than 50 participating Who: and sponsoring organizations The fourth triennial Living to 100 Symposium will gather together actuaries, demographers, gerontologists, biologists and researchers from around the world to share ideas and knowledge on aging, changes in survival rates and the impact on What: society,...

2010-11-08 13:16:00

Long-time volunteer recognized for contributions on health care reform and financial reporting WASHINGTON, Nov. 8, 2010 /PRNewswire-USNewswire/ -- The American Academy of Actuaries awarded Rowen Bell with the 2010 Jarvis Farley Service Award earlier today during its luncheon and annual meeting. Bell, the divisional vice president of actuarial forecasting for Health Care Service Corporation in Chicago, received the award in recognition of his service to the association and his efforts to...

2010-10-28 09:01:00

CAMBRIDGE, Mass., Oct. 28 /PRNewswire/ -- Highline Data announced today the addition of quarterly group data for health insurer statutory financial statements to Insurance Analyst PRO. Health quarterly groups provide vital visibility into the strength and strategic decision-making of insurer groups during this period of incomparable industry change. "Feedback from our clients - actuaries, competitive intelligence analysts, senior financial professionals - has been overwhelming. They need...

2010-10-26 00:01:43

Even if Faced with Rising Healthcare Costs, Findings Reveal that More Than One-Third of Pre-Retirees Won't Make Any Changes to Their Retirement Plans or Will Save Less and Live for Today Schaumburg, IL (PRWEB) October 25, 2010 Nearly two-thirds (62 percent) of pre-retirees ages 50-64 are not at all confident that they are saving enough to handle healthcare costs in retirement, according to a new survey from the Society of Actuaries (SOA). Additionally, only seven percent of participants...

2010-10-25 06:00:00

SCHAUMBURG, Ill., Oct. 25 /PRNewswire/ -- Nearly two-thirds (62 percent) of pre-retirees ages 50-64 are not at all confident that they are saving enough to handle healthcare costs in retirement, according to a new survey from the Society of Actuaries (SOA). Additionally, only seven percent of participants said they are very confident about having enough savings. This SOA survey analyzed how the continuing spike in healthcare costs is affecting consumers' retirement plans. Of this group of...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.