Chicago Will Host CAS Ratemaking Seminar

Many CAS members, candidates, and other insurance professionals wishing to learn a little bit about a variety of topics are expected to attend the CAS 1998 Seminar on Ratemaking, one of the Society’s most popular educational offerings. The seminar, held March 12-13 at the Chicago Hilton and Towers, will offer more than 50 sessions.

"Attending the ratemaking seminar is an important way for actuaries to keep current with the latest procedures in insurance pricing, particularly from a continuing education standpoint," said Mary Hosford, Chairperson of the Committee on the Ratemaking Seminar. "The committee tries to keep it fresh each year by adding new sessions (this time there are 13 new topics) and also by changing the overall program structure (this year a skit will be put on as the general session)," said Hosford.

Among the seminar’s highlights, an Introductory Track will cover standard ratemaking techniques for the major lines of business. This track is directed at candidates, underwriters and those who may not be very familiar with specific concepts or types of insurance. Other seminar sessions will cover Catastrophes, Data Management, Reinsurance, Workers Compensation, Dynamic Financial Analysis, and Managed Care.

New sessions for 1998 include "Emerging Data Issues," "Applications of Geocoding," "Econometric Modeling in Workers Compensation," "International Reinsurance," and "The Actuary as Sole Practitioner." Other new sessions include "Insurance Fraud," "Applications of the Mixed Exponential Distribution," "Introduction to Managed Care Structures," "Reinsurance Implications of Managed Care," and "The Use of Credit History and Other Demographic Data in Underwriting."

The CAS will post a list of attendees on the CAS Web Site one week before the seminar. The list will also be available at the seminar. For more information on registration and accommodations, contact the CAS.