(07/25/24) The world of federal regulation is one that often seems opaque for those not intimately familiar with the process of rulemaking. Only those who work in federal regulations get excited when anyone mentions the process, which is why the recent awareness and rumblings of seismic change seems highly unusual.
Actuarially Sound
(7/16/24) Artificial intelligence (AI) is increasingly influencing all aspects of the world around us, and that includes actuaries and the insurance sector. The incorporation of advanced technologies like AI has facilitated evolution in businesses as a whole, providing increased efficiency, lower costs, and an enhanced customer experience.
(7/9/24) When reasonable people come across the acronym “PBR,” it can elicit visions of mediocre beer, baseball reports, and even professional bull riding. But actuaries know better. They see “PBR” and reflect on more than a decade of transitioning from a rules-based approach to a principles-based approach for holding reserves.
(06/27/24) The world is an uncertain place, one where we often find ourselves not in control of everything happening around us. We face risks every day—to our health, our property, our finances, and even our own lives.
(6/21/24) Check out the latest podcast from the Actuary Voices series. In this episode, David Daly, president of the Sexuality and Gender Alliance of Actuaries (SAGAA), shares his unusual journey to becoming an actuary, and discusses how SAGAA seeks to make an impact on the profession.
(6/14/24) This time I was chatting with a new neighbor, who just moved in down the street. After exchanging pleasantries and talking about our families, the conversation turned toward what we do for a living. He works for the defense industry, and I shared that I work in public policy. Even though unplanned, from that point forward the conversation rapidly escalated into a duel of who knew or could use more acronyms.
(06/05/2024) The season for the NHL’s Carolina Hurricanes may have ended in May after falling to the New York Rangers in the playoffs, but a much more dangerous hurricane season begins this month—one that threatens lives and property, and increasingly, the solvency of insurers themselves.
(05/29/24) Earlier this month, the Social Security and Medicare Boards of Trustees issued their annual reports on the financial status of the Social Security and Medicare programs.
(5/21/24) For tens of millions of Americans, retirement security is but a dream. With no or minimal savings socked away for their golden years, they will struggle economically as seniors unless something changes.
(5/13/24) For so many of us of a certain age, the television show “Mister Rogers’ Neighborhood” was a wonderland of new people and, more importantly, new friends who visited us regularly in the comfort of our living rooms.
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