CAS News
Did You Know? Auto and Renters Risks Correlated
To Alex Timm, CEO of Root Insurance Company, the auto insurance carrier's recent move into the renters insurance market seemed like a natural extension for its customer base given that 70 percent of ...
Executives On The Move at Nationwide, CLARA Analytics and CAS
Nationwide named its new chief marketing officer and beefed up the responsibilities of its chief strategy officer to cover innovation-related nitiatives. CLARA Analytics, a provider of artificial ...
Two Major Actuarial Societies – CAS and SOA – Will Explore a Merger
The Casualty Actuarial Society and the Society of Actuaries plan to explore a merger. Presidents of both societies announced that the CAS and SOA boards had agreed to pursue combining, with the idea ...
Mobile Broadband Access and Auto Collision Frequency Uncorrelated, Actuaries Find
Mobile broadband access—used as an indicator of the likelihood that drivers may be using mobile devices while driving—appears to have no impact on collision frequency, according to a recent ...
Practical Tips for Disrupting Insurance Distribution
Creating anything less than an online agency directly offering bindable insurance rates from a limited selection of carriers won't cut it for technology companies trying to disrupt insurance ...
CAS Launches Program Leading to Predictive Analytics, Data Science Credentials
Specialists in predictive analytics and data science will soon be able to add credentials reflecting their expertise to their résumés and business cards, provided they meet the requirements of a ...
Price Optimization or Price Discrimination? Regulators Weigh In
Insurers' growing use of predictive data analytics is predicated on enhancing operational efficiency, improving decision-making and offering more detailed pricing of products. It's that last practice ...
Hold on. My Phone Says I’m Having a Heart Attack: Top Tech Trends Revealed
"We're going to see more changes in the next 25 years than we've seen in the last 100," a futurist told a group of insurance professionals at an industry meeting last week. The pronouncement by ...