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Latest Actuary Stories

2011-06-16 12:41:00

CHICAGO, June 16, 2011 /PRNewswire/ -- A 4 percent annual increase in the average claim size is responsible for the growth of long term care liability costs, according to Aon Risk Solutions' 2011 Long Term Care General Liability and Professional Liability Actuarial Analysis. The study was released today by Aon Corporation (NYSE: AON) in partnership with the American Health Care Association. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The yearly analysis measures the...

2011-05-20 14:52:00

WASHINGTON, May 20, 2011 /PRNewswire-USNewswire/ -- The following is being released by the American Academy of Actuaries: (Logo: http://photos.prnewswire.com/prnh/20100322/AAALOGO) What: Capitol Hill Briefing: An Actuarial Perspective on the 2011 Medicare Trustees Report The American Academy of Actuaries will review the newly released 2011 Medicare Trustees Report and discuss policy options to address the program's long-term financial challenges. For more information, please visit:...

2011-05-16 07:00:00

Society of Actuaries Survey Examines Key Risks in Retirement in the Recovering Economy, Offers Potential Solutions SCHAUMBURG, Ill., May 16, 2011 /PRNewswire-USNewswire/ -- Today's seniors are living longer and spending more time in retirement than ever before, and many are worried their savings won't last. Four in 10 retirees (38%) and half of pre-retirees (49%) say they are much more concerned about their financial situation in retirement than they were prior to the economic downturn....

2011-04-05 00:00:28

John C. Duncan to Apply Federal & State Expertise to Assist Clients in Navigating Workers' Comp, Other Complex Regulatory Issues Sacramento, Calif. (PRWEB) April 4, 2011 The State of California's former director for the Department of Industrial Relations has joined Bickmore Risk Services (BRS) to help lead its growing national regulatory consulting practices, the company announced today. Effective today, John C. Duncan, 53, will serve as Senior Vice President of Governmental and...

2011-03-28 14:23:00

WASHINGTON, March 28, 2011 /PRNewswire-USNewswire/ -- The individual health insurance coverage mandate is such a vital component of the year-old health reform law that, if removed, alternatives would be needed. The American Academy of Actuaries said that the mandate serves to help attract low-risk individuals, which is necessary to prevent adverse selection to keep the health insurance markets viable. (Logo: http://photos.prnewswire.com/prnh/20100322/AAALOGO) "To make the provisions...

2011-03-28 10:33:00

CARMEL, Ind., March 28, 2011 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced that John M. Bradley has joined the company as Vice President, Product Management, Medicare Markets. He will report to Dick Garner, Senior Vice President of Product Management, Health. Bradley joins CNO from Combined Insurance Company, where he served as Vice President, Actuary and Director. He was responsible for leading actuarial initiatives in the product, financial and risk management areas,...

2011-03-15 09:28:00

WASHINGTON, March 15, 2011 /PRNewswire-USNewswire/ -- The following is being released today by the American Academy of Actuaries: (Logo: http://photos.prnewswire.com/prnh/20100322/AAALOGO) What: The U.S. House Committee on Energy and Commerce Subcommittee on Health will hold a hearing: Implementation and Sustainability of the New, Government-Administered Community Living Assistance Services and Supports (CLASS) Program. More information on this hearing is available at:...

2011-03-15 07:00:00

SCHAUMBURG, Ill., March 15, 2011 /PRNewswire/ -- International terrorism, Chinese economic hard landing and the issue of failing states are becoming the top emerging risks in the minds of corporate risk managers, according to the 2010 "Emerging Risks Survey," the fourth in a series of surveys sponsored by the Society of Actuaries (SOA) and its industry partners. The risk manager survey of emerging risks found concern over geopolitical risks increased - up 10 percent from 2009's survey - due...

2011-02-24 16:30:00

ARLINGTON, Va., Feb. 24, 2011 /PRNewswire-USNewswire/ -- Structuring a medical practice from a tax planning perspective is a niche market vastly underserved by tax and accounting practitioners, according to leading tax experts Alan Gassman and Lester Perling, who will host a new webinar from BNA Tax & Accounting entitled Individual and Group Medical Practices: Tax, Health Law, and Creditor Protection Planning. Pension actuary Jim Feutz will also discuss pension planning opportunities...

2011-02-07 07:00:00

SCHAUMBURG, Ill., Feb. 7, 2011 /PRNewswire/ -- A cautiously optimistic economic outlook and increasing confidence in the global marketplace makes it more important than ever to analyze the risk systems in place to ensure financial institutions avoid the mistakes of the past. In response to this need, the Society of Actuaries (SOA), the Casualty Actuarial Society (CAS), the Canadian Institute of Actuaries (CIA), the Enterprise Risk Management Institute International (ERM-II) and the...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.