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Special Blog: California Actuarial Requirements

by Jeff Adcock, FCAS, MAAA | Dec 19, 2012 | Analytical Issues, Self-Insurance, Captives and Pool Issues

Recent changes in the state of California have prompted us to issue a year-end special blog to all RiskMangementBlog.com subscribers.  This information is critical to brokers and their clients that work in or have operations in the state of California. Effective...

What is IBNR?

by Jeff Adcock, FCAS, MAAA | Aug 3, 2011 | Analytical Issues, Loss Development and Trend

An underwriter once emailed me declaring that the IB and R load was too high on a particular account. I never had the heart to ask him what the letters I, B, or R signified in that statement, but obviously that must be what IBNR sounds like when pronounced too fast or...

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