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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.
The purpose of this CAS Webinar is to provide insight
into the decreases in loss development factors observed in recent years in the
State of New York. This research brief explains the loss development concept,
describes the loss development factors observed in recent years, investigates
several drivers of the observed decreases, and offers an analysis of their
absolute and relative impact. The drivers of recent decreases in loss
development factors examined in this research brief are: (i) changes in the way
opioids are prescribed and utilized in the workers’ compensation system, (ii)
changes in claim settlement activity, and (iii) the early recognition of high
severity claims. Key Messages include: Loss development factors have been decreasing in New
York; The decrease is driven by decreases in opioids, increases in
settlements, and the earlier recognition of large claims; and the drivers of the decreased loss development factors
in New York apply countrywide.
- Understand the drivers of loss development factor decreases in New York.
- Create a framework for quantifying the impact of each driver.
- Apply the methodology to other states.
PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR
| Registration Fees (in U.S. Dollars) |
Received on/by August 3, 2023 |
Received after August 4, 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.org. The 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 through email, refund@casact.org, by August 10, 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.