Pandemic and epidemic events cause losses to the insurance industry not only through insurance claims but also through disturbances to social and economic activities.
Simulating the Unpredictable: A Guide to Pandemic-Driven Scenario Generation
Marijuana decriminalization is not associated with a notable increase in traffic accidents, says new actuarial report
A new report from the Canadian Institute of Actuaries (CIA) and the Casualty Actuarial Society (CAS) analyzes the impact of marijuana decriminalization on the vehicular accident experience in Canada and the United States.
Marijuana legalization and auto insurance claims
Marijuana has been legal or decriminalized in Canada and other jurisdictions in North America for a few years now. There has been some concern that this would lead to increased usage, and consequently a higher level of auto insurance accident claims.
An actuarial showcase of challenge and opportunity
At the CIA’s annual conference, act22,last June, we delivered a mix of technical sessions and inspiring keynote presentations, and encouraged discussions to help Canada’s actuaries with their work, post-conference.
Actuarial evidence with a twist
About 10 years ago I received a call from a lawyer looking for help in determining the expected number of members in a class action. It was a historical action dating back to the 1940s. My mandate was to determine the number of Indigenous children who attended one of several schools from the 1940s to the 1990s. That number, then, was to be split between surviving and deceased students as of 2010...
