Accruals for Uncertain Liabilities
Accruals for Extended Warranties and Other Guarantees Think of the last time you purchased an automobile, electronic device, or a major appliance. Oftentimes, you have the option to purchase an […]
Entries by Huggins Actuarial
Hints on Reading a Statement of Actuarial Opinion
(Property/Casualty USA) Loss Reserves are generally the largest liability listed on an insurance company’s balance sheet. Loss Reserves are the amounts set aside to pay for claims that have already […]
Huggins’ Ronald Kuehn Celebrates 50 Years with CAS
Congratulations Rusty! Huggins’ Actuarial Consultant Ronald T. (Rusty) Kuehn celebrates his 50th anniversary as a member of the Casualty Actuarial Society. This status means he is now a “gold” member […]
Minnesota Workers Compensation Challenge
Managing Worker’s Compensation Self-Insurance for Minnesota Employers To become an authorized self-insurer in the state of Minnesota, it is vital to secure a qualified actuary. The Minnesota Department of Insurance […]
Implications of Texas Senate Bill SB 965
Texas Insurers Must File Rates with Actuarial Support On May 8, 2021, Texas Governor Greg Abbott signed into law SB 965, repealing the exemption in Section 2251.1025 of the Insurance […]
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