# Property/Casualty **URL:** https://community.goactuary.com/c/professional-actuarial-topics/property-casualty/12.md?page=2 [Latest](https://community.goactuary.com/latest.md) · [Categories](https://community.goactuary.com/categories.md) · [Tags](https://community.goactuary.com/tags.md) **Page:** 3 --- ## [Gender options on Applications?](https://community.goactuary.com/t/gender-options-on-applications/8211)
**Author:** [@ALivelySedative](https://community.goactuary.com/u/ALivelySedative)\ **Replies:** 41\ **Last updated:** [November 1, 2023, 1:08pm UTC](https://community.goactuary.com/t/gender-options-on-applications/8211 "2023-11-01T13:08:30Z")
I suspect this discussion exists on here somewhere and I can’t find it, but has anyone had any meaningful discussions on what gender options to offer on your applications for a new policy? To be as non-political but stil… --- ## [Are homeowners "Coverages" priced like Auto "Coverages"](https://community.goactuary.com/t/are-homeowners-coverages-priced-like-auto-coverages/8541)
**Author:** [@epistemus](https://community.goactuary.com/u/epistemus)\ **Replies:** 3\ **Last updated:** [October 30, 2023, 4:53pm UTC](https://community.goactuary.com/t/are-homeowners-coverages-priced-like-auto-coverages/8541 "2023-10-30T16:53:17Z")
Most of my experience is Auto, where you have clear base rates by coverage(BI, PD, Coll, COMP, UM, etc…) and they algorithms might be very similar between them. Homeowners has coverage A(dwelling) and all of the other c… --- ## [What do we know about UK car ins?](https://community.goactuary.com/t/what-do-we-know-about-uk-car-ins/8364)
**Author:** [@Serena](https://community.goactuary.com/u/Serena)\ **Replies:** 10\ **Last updated:** [September 21, 2023, 3:08am UTC](https://community.goactuary.com/t/what-do-we-know-about-uk-car-ins/8364 "2023-09-21T03:08:41Z")
My daughter is looking at buying a “first car” in the UK. She’s looking at VW Up, Ford Fiesta and the like. The terminology is different, it seems folks just shop online, and so I’m wondering if anyone has any advice? … --- ## [CA regulatiorn 2644.9 Wildfires](https://community.goactuary.com/t/ca-regulatiorn-2644-9-wildfires/6807)
**Author:** [@epistemus](https://community.goactuary.com/u/epistemus)\ **Replies:** 11\ **Last updated:** [September 20, 2023, 10:11pm UTC](https://community.goactuary.com/t/ca-regulatiorn-2644-9-wildfires/6807 "2023-09-20T22:11:07Z")
So, without getting to big of an industry impact this regulation has(assuming it survives any legal challenges as is), one of the sticking points for the new CA regulation is when the regulations were formally filed with… --- ## [Title insurance](https://community.goactuary.com/t/title-insurance/5109)
**Author:** [@jerrytuttle](https://community.goactuary.com/u/jerrytuttle)\ **Replies:** 10\ **Last updated:** [September 20, 2023, 8:04pm UTC](https://community.goactuary.com/t/title-insurance/5109 "2023-09-20T20:04:12Z")
Title insurance protects a property buyer from financial loss due to defects in a title to a property. If I were buying a property from another person, I would want insurance indemnifying me in case the seller did not h… --- ## [Gross Net Earned Premium Income](https://community.goactuary.com/t/gross-net-earned-premium-income/8360)
**Author:** [@colonelsmoothie](https://community.goactuary.com/u/colonelsmoothie)\ **Replies:** 10\ **Last updated:** [September 18, 2023, 8:29pm UTC](https://community.goactuary.com/t/gross-net-earned-premium-income/8360 "2023-09-18T20:29:27Z")
--- ## [Being an insurer is tough work](https://community.goactuary.com/t/being-an-insurer-is-tough-work/8356)
**Author:** [@Ted\_Hoffman](https://community.goactuary.com/u/Ted_Hoffman)\ **Replies:** 13\ **Last updated:** [September 1, 2023, 4:41pm UTC](https://community.goactuary.com/t/being-an-insurer-is-tough-work/8356 "2023-09-01T16:41:25Z")
TDI issues emergency cease and desist order against Go/Peachtree (coverager.com) If you read the emergency cease-and-desist order from the TDI, there are a lot of things going on. As in, with all my years of being an a… --- ## [Maui wildfires](https://community.goactuary.com/t/maui-wildfires/8296)
**Author:** [@SteveGrondin](https://community.goactuary.com/u/SteveGrondin)\ **Replies:** 76\ **Last updated:** [August 25, 2023, 11:20pm UTC](https://community.goactuary.com/t/maui-wildfires/8296 "2023-08-25T23:20:08Z")
The destruction in Lahaina is incredible. What are the early estimates of insured losses? Guessing it is less widespread than a hurricane, so maybe not as big $wise. Curoius from an soa guy as to considerations --- ## [Paper/resource for bending Severity CDF](https://community.goactuary.com/t/paper-resource-for-bending-severity-cdf/8307)
**Author:** [@SkolChicago](https://community.goactuary.com/u/SkolChicago)\ **Replies:** 13\ **Last updated:** [August 21, 2023, 5:46pm UTC](https://community.goactuary.com/t/paper-resource-for-bending-severity-cdf/8307 "2023-08-21T17:46:09Z")
I’m on a project where I need to do a reinsurance simulation analysis, which I have experience doing at a broker. However, on the carrier side of the house, I’m not sure how to take our existing severity CDFs and modify … --- ## [RIP Howard Kunreuther](https://community.goactuary.com/t/rip-howard-kunreuther/8318)
**Author:** [@colonelsmoothie](https://community.goactuary.com/u/colonelsmoothie)\ **Replies:** 2\ **Last updated:** [August 19, 2023, 4:20pm UTC](https://community.goactuary.com/t/rip-howard-kunreuther/8318 "2023-08-19T16:20:19Z")
I saw that he had recently passed. Now that he’s on the other side, he’ll find out how God rolls the dice. --- ## [Insurers vs Climate Change vs US Legislators/Regulators](https://community.goactuary.com/t/insurers-vs-climate-change-vs-us-legislators-regulators/8142)
**Author:** [@Maphistos\_Sidekick](https://community.goactuary.com/u/Maphistos_Sidekick)\ **Replies:** 2\ **Last updated:** [July 14, 2023, 5:11pm UTC](https://community.goactuary.com/t/insurers-vs-climate-change-vs-us-legislators-regulators/8142 "2023-07-14T17:11:44Z")
An article in today’s WSJ might be of interest to some (non-paywalled link): https://www.wsj.com/articles/insurers-are-in-the-hot-seat-on-climate-change-74e27330?st=r4wlvtrz27be4j4&reflink=desktopwebshare\_permalink Not… --- ## [Reinsurance and Loss Ratio](https://community.goactuary.com/t/reinsurance-and-loss-ratio/8113)
**Author:** [@TMG](https://community.goactuary.com/u/TMG)\ **Replies:** 7\ **Last updated:** [July 9, 2023, 6:10pm UTC](https://community.goactuary.com/t/reinsurance-and-loss-ratio/8113 "2023-07-09T18:10:23Z")
May I know if anyone can point me to papers/ articles explaining how reinsurance can cause distortion to loss ratio/ combined ratio? --- ## [Convert AY payment pattern to UW Year Pattern](https://community.goactuary.com/t/convert-ay-payment-pattern-to-uw-year-pattern/8083)
**Author:** [@accidental\_actuary](https://community.goactuary.com/u/accidental_actuary)\ **Replies:** 5\ **Last updated:** [July 5, 2023, 4:02pm UTC](https://community.goactuary.com/t/convert-ay-payment-pattern-to-uw-year-pattern/8083 "2023-07-05T16:02:20Z")
Hi All, For some reason this is tripping me up and I’m almost embarrassed to ask. How would one go about converting an AY liquidation pattern to an Underwriting year pattern? I’m trying to convert some analysis that w… --- ## [US Flood Risk](https://community.goactuary.com/t/us-flood-risk/8060)
**Author:** [@ArthurItas](https://community.goactuary.com/u/ArthurItas)\ **Replies:** 1\ **Last updated:** [June 28, 2023, 7:11pm UTC](https://community.goactuary.com/t/us-flood-risk/8060 "2023-06-28T19:11:01Z")
I am no longer a practicing P&C actuary, but do still follow topics of interest. Today I read the recently issued report from First Street “The 8th National Risk Assessment: The Precipitation Problem”. Could be some usef… --- ## [Basic Group Classification](https://community.goactuary.com/t/basic-group-classification/8037)
**Author:** [@joejam](https://community.goactuary.com/u/joejam)\ **Replies:** 6\ **Last updated:** [June 23, 2023, 1:11pm UTC](https://community.goactuary.com/t/basic-group-classification/8037 "2023-06-23T13:11:20Z")
What bg group is earthquake in? I think it is bg2 but looking to double check. --- ## [When the law conflicts with standard of practice](https://community.goactuary.com/t/when-the-law-conflicts-with-standard-of-practice/7932)
**Author:** [@jerrytuttle](https://community.goactuary.com/u/jerrytuttle)\ **Replies:** 3\ **Last updated:** [May 25, 2023, 4:04pm UTC](https://community.goactuary.com/t/when-the-law-conflicts-with-standard-of-practice/7932 "2023-05-25T16:04:29Z")
Hi. I am looking to use a statement for a talk to college students that goes something like this: An actuary is obligated to obey the law in ratemaking, even if the law conflicts with actuarial standards of practice. I… --- ## [CIA new P&C track](https://community.goactuary.com/t/cia-new-p-c-track/7909)
**Author:** [@mathemagician](https://community.goactuary.com/u/mathemagician)\ **Replies:** 3\ **Last updated:** [May 19, 2023, 11:30am UTC](https://community.goactuary.com/t/cia-new-p-c-track/7909 "2023-05-19T11:30:18Z")
The CIA has created it’s own P&C track which can be used to get the FCIA designation in lieu of (or it seems in temporarily in conjunction with) FCAS. A brief read through their syllabus suggests that their fellowship ex… --- ## [Inferring Race from Name/Location Data](https://community.goactuary.com/t/inferring-race-from-name-location-data/7881)
**Author:** [@Mountainhawk](https://community.goactuary.com/u/Mountainhawk)\ **Replies:** 14\ **Last updated:** [May 11, 2023, 7:53pm UTC](https://community.goactuary.com/t/inferring-race-from-name-location-data/7881 "2023-05-11T19:53:32Z")
At the CAS Spring Meeting, there was a number of sessions on bias testing and what is coming in terms of regulation. There was mentioned of a methodology where you don’t need to collect racial data, but can infer it fro… --- ## [Dominion Voting v Fox News](https://community.goactuary.com/t/dominion-voting-v-fox-news/7773)
**Author:** [@jerrytuttle](https://community.goactuary.com/u/jerrytuttle)\ **Replies:** 3\ **Last updated:** [April 19, 2023, 3:48pm UTC](https://community.goactuary.com/t/dominion-voting-v-fox-news/7773 "2023-04-19T15:48:11Z")
Hi. I know this is not the first question people ask, but is it likely the defendant had some liability insurance (Media Professional Liability)? That’s not a coverage I worked with. Is there some reason that coverage… --- ## [About Run-Off Triangle](https://community.goactuary.com/t/about-run-off-triangle/7681)
**Author:** [@lenovo](https://community.goactuary.com/u/lenovo)\ **Replies:** 43\ **Last updated:** [April 12, 2023, 7:52pm UTC](https://community.goactuary.com/t/about-run-off-triangle/7681 "2023-04-12T19:52:21Z")
Is it possible to construct a triangle that has less development year than the actual data ? in other words, one would assume that the claim will settled for k period while for claim in k+1 until n period will be adjust … --- ## [IBNR Reserving Cycle](https://community.goactuary.com/t/ibnr-reserving-cycle/7683)
**Author:** [@lenovo](https://community.goactuary.com/u/lenovo)\ **Replies:** 8\ **Last updated:** [April 2, 2023, 11:10pm UTC](https://community.goactuary.com/t/ibnr-reserving-cycle/7683 "2023-04-02T23:10:25Z")
Is it common practice in market after calculate Best Estimate of the total IBNR reserve, one would assume the total IBNR reserve comes from a distribution and create a monte carlo simulation to calculate the CTE, or othe… --- ## [Chief actuary salary?](https://community.goactuary.com/t/chief-actuary-salary/7563)
**Author:** [@ALivelySedative](https://community.goactuary.com/u/ALivelySedative)\ **Replies:** 41\ **Last updated:** [March 30, 2023, 4:43pm UTC](https://community.goactuary.com/t/chief-actuary-salary/7563 "2023-03-30T16:43:45Z")
Expected starting salary for a new chief actuary at a midsize carrier in the southeast? Exclude bonus/perks/etc. poll --- ## [Big adjustment](https://community.goactuary.com/t/big-adjustment/7648)
**Author:** [@colonelsmoothie](https://community.goactuary.com/u/colonelsmoothie)\ **Replies:** 7\ **Last updated:** [March 25, 2023, 1:31am UTC](https://community.goactuary.com/t/big-adjustment/7648 "2023-03-25T01:31:45Z")
I have a question. So like for those big policies with multiple insurers taking a share, who adjusts the claims when that happens? The lead insurer? Or do all the adjusters from all the insurers jump in on the action? --- ## [Insurers suspend writing new business for certain cars](https://community.goactuary.com/t/insurers-suspend-writing-new-business-for-certain-cars/7605)
**Author:** [@Mathman](https://community.goactuary.com/u/Mathman)\ **Replies:** 3\ **Last updated:** [March 20, 2023, 3:51pm UTC](https://community.goactuary.com/t/insurers-suspend-writing-new-business-for-certain-cars/7605 "2023-03-20T15:51:55Z")
Sorry if there’s a thread for this somewhere, not aware of one. Any P&C folks who can tell us how big of a deal this is from a corporate perspective? Are these cars 2x more likely to be stolen than average, or is it more… --- ## [Simulating Observations from Poisson Distribution when Lambda is small](https://community.goactuary.com/t/simulating-observations-from-poisson-distribution-when-lambda-is-small/7564)
**Author:** [@ishamael](https://community.goactuary.com/u/ishamael)\ **Replies:** 15\ **Last updated:** [March 17, 2023, 2:16pm UTC](https://community.goactuary.com/t/simulating-observations-from-poisson-distribution-when-lambda-is-small/7564 "2023-03-17T14:16:38Z")
To start off, I am an FSA so please go gentle on me, particularly if I mess up statistical terminology :slight\_smile: I found myself needing to do what’s described in the topic at my work (long story). The Lambdas invol… --- ## [Moving from US to Canada](https://community.goactuary.com/t/moving-from-us-to-canada/6467)
**Author:** [@Mountainhawk](https://community.goactuary.com/u/Mountainhawk)\ **Replies:** 7\ **Last updated:** [September 13, 2022, 2:54pm UTC](https://community.goactuary.com/t/moving-from-us-to-canada/6467 "2022-09-13T14:54:52Z")
If anyone here as experience moving from the US to Canada and dealing with getting recognition as a FCIA when you are already an FCAS and you are willing to share your experiences/advice, can you either PM me or share he… --- ## [Florida Insurance Bill](https://community.goactuary.com/t/florida-insurance-bill/6986)
**Author:** [@joejam](https://community.goactuary.com/u/joejam)\ **Replies:** 4\ **Last updated:** [February 18, 2023, 10:35pm UTC](https://community.goactuary.com/t/florida-insurance-bill/6986 "2023-02-18T22:35:18Z")
Florida just passed an insurance bill to hopefully tame rising rates and insurers leaving the state. What impact do you think the bill will have if any? https://apnews.com/article/ron-desantis-business-florida-climate-… --- ## [Master Pac?](https://community.goactuary.com/t/master-pac/7315)
**Author:** [@epistemus](https://community.goactuary.com/u/epistemus)\ **Replies:** 13\ **Last updated:** [February 15, 2023, 5:56pm UTC](https://community.goactuary.com/t/master-pac/7315 "2023-02-15T17:56:33Z")
Any one know what a Master PAC is? I’ve seen some competitors use this term causing me to think it’s an industry standard. This is a commercial lines phrase for more than one BOP style competitor. Till all are one, Epi… --- ## [P&C questions for my town government](https://community.goactuary.com/t/p-c-questions-for-my-town-government/7269)
**Author:** [@Woodrow](https://community.goactuary.com/u/Woodrow)\ **Replies:** 14\ **Last updated:** [February 9, 2023, 7:36am UTC](https://community.goactuary.com/t/p-c-questions-for-my-town-government/7269 "2023-02-09T07:36:27Z")
I’m on my town’s finance committee. What questions should I ask about our P&C insurance and its cost? For background, I’m a (former) pension actuary. The committee I’m on is a lot like a City Council. We review and a… --- ## [Class A roof types?](https://community.goactuary.com/t/class-a-roof-types/7241)
**Author:** [@epistemus](https://community.goactuary.com/u/epistemus)\ **Replies:** 5\ **Last updated:** [February 4, 2023, 4:33pm UTC](https://community.goactuary.com/t/class-a-roof-types/7241 "2023-02-04T16:33:15Z")
Does anyone have any familiarity with roof types for personal or commercial lines? Are Class A Shake roofs the same as Class A Fire Rated roofs? Sure, they both say “Class A” but after a few minutes of googling they sou… [Previous page](https://community.goactuary.com/c/professional-actuarial-topics/property-casualty/12.md?page=1) [Next page](https://community.goactuary.com/c/professional-actuarial-topics/property-casualty/12.md?page=3)