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Regional Affiliate Announcements

CAGNY Fall 2008 Meeting Agenda and Presentations

12/15/2008 —

Fall 2008 Meeting
December 3, 2008

Time Description
7:45 – 8:30 Continental Breakfast/Registration
8:30 – 9:20 Attorneys Who Defend Actuaries

Lisa C. Solbakken, Partner of Arkin Kaplan Rice LLP and Mary Eaton, Partner of Wilkie Farr and Gallagher LLP will present their view of the quality of actuarial work from the perspective of attorneys who defend actuaries.

    Panel:
    Lisa C. Solbakken, Partner, Arkin Kaplan Rice LLP
    Mary Eaton, Partner, Wilkie Farr and Gallagher LLP
9:20-10:00 CAS Update
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Brian Brown, a Director of the Casualty Actuarial Society, will provide an update of CAS activities.

    Speaker:
    Brian Z. Brown, FCAS, MAAA, Consulting Actuary, Milliman, Inc.
10:00 – 10:20 Refreshment Break
10:20 – 11:10 Current Financial Crisis and the Insurance Industry
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Dr. Steven Weisbart, Vice President of the Insurance Information Institute, will discuss the present state of the insurance market as well as implications of the current financial crisis on the industry, including impacts of various proposed “solutions” to the crisis.

    Panel:
    Steven Weisbart, Ph.D., CLU Vice President and Chief Economist Insurance Information Institute
11:10 – 12:25 Analyst Roundtable

Two actuaries who work as securities analysts, Todd Bault of Sanford C. Bernstein and Co., Inc. and Meyer Shields of Stifel, Nicolaus & Company, Inc., will provide their perspectives.

    Panel:
    Todd Bault, FCAS, MAAA, Senior Analyst, Sanford C. Bernstein and Co., Inc.
    Michael Phillips, ACAS, MAAA, Equity Research Analyst, Stifel, Nicolaus & Company, Inc.
12:25 – 1:45 Lunch
1:45 – 3:00 The ABCs of the Actuarial Board for Counseling and Discipline, Part 2
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Mike Toothman, an actuary from Actuarial & Risk Consulting Services and a member of the Actuarial Board for Counseling and Discipline (ABCD) will present several ABCD Case Studies to further the lively, audience participation discussion he led at the last CAGNY meeting.

    Speaker:
    Mike Toothman, FCAS, MAAA, FCA, Consultant, Actuarial & Risk Consulting Services
3:00 – 3:20 Refreshment Break
3:20 – 4:10 Corporate Governance
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Dan Thomas and Tim Landick, actuaries with PricewaterhouseCoopers LLP, will describe the key considerations of a reserving process and the related best practices. The key considerations will include the role of the board and audit committee, staffing expertise, methodology, documentation, communication and public disclosures.

    Panel:
    E. Daniel Thomas, FCAS, MAAA, Principal, PricewaterhouseCoopers LLP
    Timothy J. Landick, FCAS, MAAA, Director, PricewaterhouseCoopers LLP
4:10 – 4:40 Proposed CAS Continuing Education Standard
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Ken Quintilian, CAS Vice President - Administration will provide arguments in favor of a universal continuing education standard for the CAS.

    Speaker:
    Kenneth Quintilian, FCAS, MAAA, Vice President & Chief Actuary, Medical Liability Mutual Insurance Company

Note: speakers may be subject to change. Should any speaker unexpectedly become unavailable, CAGNY will make every effort to find a suitable replacement.

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