Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LAS VEGAS–While insurers rely on risk models to predict their loss exposure, models can also be used to establish reserves after the claim and examine the variables that can reduce the cost, two actuarial experts explained at a conference here.

Gary C. Wang and Laura A. Maxwell, consulting actuaries with Bloomington, Ill.-based Pinnacle Actuarial Resources Inc., discussed the formulas and loss trends actuaries can use to help predict the cost of a claim event at the opening workshop of the National Underwriter Company’s 11th annual ACE (America’s Claims Event) conference.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.