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California Wildfire: A Hot Topic

Description

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR.
DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.

In recent years, flames have blazed across California like never before. While wildland-urban interface zones have burned, the heat is also being felt in insurance regulation, creating a need for innovative solutions. The devastating aftermath of the California wildfires has ignited the minds of insurance entities, scientists, and property owners to begin rewriting the rulebook for wildfire coverage in the insurance industry. California is rebuilding not only its communities but the way it approaches wildfire. Explore how it all began, the newest developments, and our glimpse into California’s future pertaining to wildfire.

Learning Objectives:

  1. Identify trends in wildfire activity and how this risk has been evolving over recent years.
  2. Develop an understanding of recent legislation in California and its potential impacts.
  3. Understand how different parties are responding to wildfire risk.
Registration Information and Fees

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR

Registration Fees (in U.S. Dollars) Received on/by
Jan 24, 2023
Received after
Jan 24, 2023
Individual $50 $75
Multiple Connections**
(Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web)
$600 $650

*Multiple Connection Registrations should contact Leanne Wieczorek directly at 
lwieczorek@casact.orgThe registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.

No Broadcast Policy
Your registration entitles you to access CAS’ webinar programs for which you have registered. By registering to attend the webinars, you agree not to sell, transfer, or otherwise share your webinar access link and/or code unless such sharing is authorized by CAS. You further agree not to record or broadcast CAS’ webinar programs without advance written authorization by CAS.

Cancellations/Refunds
Registrations fees will be refunded for cancellations received in writing at the CAS Office via fax, 703-276-3108, or email, refund@casact.org , by January 31, 2023 less a $25 processing fee.

CAS Continuing Education Policy
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide Actuarial Services. Actuarial Services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy. For further information regarding the CAS Continuing Education Policy please visit the CAS web site.

CAS Webinars may qualify for up to 1.8* CE Credits for CAS members.
Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time, not to include breaks and/or lunch. *The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the Casualty Actuarial Society.

Contributors

  • Yinpok Robert Lee

    Robert is a Fellow of the Casualty Actuarial Society, a Member of the American Academy of Actuaries, and an Actuary with Milliman. Robert's experience is in personal lines pricing, with a focus on the use of telematics and catastrophe models in ratemaking. Robert partners with other Milliman colleagues to research the implications of wildfire-related insurance regulations to support equitable and sustainable decisions for clients and regulators. Prior to joining Milliman in 2021, Robert was an Actuary with Metromile, where he helped launch usage- and behavioral-based insurance programs in a number of states.

  • Taylor Deacon

    Taylor is an actuarial analyst with the Property and Casualty practice in Milliman’s San Francisco office. She joined the firm in 2020. Taylor’s areas of expertise include:

    • Personal lines homeowners ratemaking, utilizing generalized linear modeling, catastrophe models, and competitor analysis.
    • Preparation of regulatory filings for submission to departments of insurance in multiple states, primarily in Florida.
    • Implementation of by-peril homeowners rating plans including data collection, class factor analysis, and rate level analysis.
    Taylor is active in researching the impact of wildfire in California, with a focus on the insurance industry. She contributes to innovating unique solutions for clients recovering from, as well as preparing for, future effects of this peril. Prior to joining Milliman, Taylor was an underwriter with Chubb. At Chubb, Taylor had a book of business covering Workers Compensation, Automobile Liability, and General Liability for national commercial accounts.

February 7, 2023
Tue 12:00 PM EST

Duration 1H 30M

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