eshanker10

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eshanker10
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  • Taken from the Wiki Article: "Alice the Actuary's home state is Hawaii. (Hate her!) But her favorite surplus lines insurer, Cold & Frozen, is domiciled in Alaska. For Alice, Cold & Frozen is an out-of-state U.S. insurer so we refer to them a…
    in Difference Between 1 State Compliance and Independent Procurement Comment by eshanker10 October 3
  • One of the answers in part B is "If there is a large tail in distribution of loss. This would suggest ERD as it would take it into account." Can you explain why ERD takes the long tail into account and the 10-10 rule does not?
    in 2014.Spring 27 Comment by eshanker10 September 15
  • Does the end part of this comment imply that the state governments regulate FAIR plans, fund FAIR plans, and sets the rates and policies? If the funding point is true, how is that accomplished?
    in FAIR Plan Gov Involvement Comment by eshanker10 August 27
  • From the wiki..."The solution is basically straightforward but there are lot of little details you have to remember: agents' balances > 90 days past due are not admitted" How is this included if it is not an admitted asset?
    in 2014.Fall 15 Comment by eshanker10 August 25
  • In the examiner's report in the admitted assets calculation, the "greater than 90 days past due" reinsurance recoverables are included to get to the 61,900 for admitted assets. Could you take a look at this part of the examiner's report and explain …
    in 2014.Fall 15 Comment by eshanker10 August 22
  • I found this answer to this in Odomirok...no need to respond, thanks.
    in 2018 Fall #10 part a Comment by eshanker10 March 31
  • I have a similar question for Spring 2019 #22. Is the reason they used 10% of the point estimate rather than 10% of the carried reserves for the materiality standard because the question said "indicated loss and LAE reserves"? I'm not understanding …
    in RMAD Carried or Point Estimate? Comment by eshanker10 February 2