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Database of Actuarial Research Enquiry (DARE)
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Loss Reserving for Long Tail Coverages: Medical Malpractice
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Malpractice -- Principles and Practices
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Market Based Tools for Managing the Life Insurance Company
In this paper we present an approach to market based evaluatio, of life insurance policies, in the spirit of the NUMAT proposed by Hans Bühlmann (2002) in an editorial in the ASTIN bulletin... -
Medical Malpractice Update
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Merit Rating for Doctor Professional Liability Insurance
Merit rating is the use of the insured's actual claim experience to predict future claim experience... -
Merit Rating for Doctor Professional Liability Insurance
Merit rating is the use of the insured’s actual claim experience to predict future claim experience... -
Pitfalls in Evaluating Proposed Tort Reforms
Motivation: To provide the ratemaking actuary with a description of typical medical malpractice tort reforms and issues involved in pricing these reforms... -
Pricing the Hybrid
The current literature describes pricing and reserving of medical malpractice insurance as written on either an occurrence or a claims-made basis... -
Rate Filing Under The Flex Rating System
The topic that I am going to speak about deals with making a rate filing under the flexible rating system... -
Rating Claims-Made Insurance Policies
In this paper, we propose to discuss the claims-made approach to pricing Medial/Professional Liability insurance... -
Rating Claims-Made Insurance Policies [Discussion]
The introduction of the claims-made policy as a vehicle for providing Medical Professional Liability insurance coverage in the mid-1970's clearly marked a turning point in the nature of the insurance market for this volatile line of business... -
Recognizing and Assessing Professional Liability
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Reserving Long Term Medical Claims
In this paper, the use of life contingencies to establish reserves for claimants requiring lifetime medical care is explored... -
Runoff Environment--Considerations for the Reserving Actuary, The [Discussion]
As companies experience poor results or enter into weakened financial condition, particular lines of business or entire books of business may be cancelled or non-renewed and the loss reserves for this business placed into runoff... -
Should Medical Professional Liability Insurance Be Experience Rated?
Medical Malpractice, Experience Rating, Exposure Bases... -
Social Aspects of the Rate Structure of Medical Malpractice Insurance
Classifications/LOB-Medical Malpractice... -
Some Statistical Evidence on Merit Rating in Medical Malpractice Insurance
Exposure Bases/LOB-Medical Malpractice... -
SOP 87-1: Accounting for Medical Malpractice Liabilities
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The Case of the Medical Malpractice Crisis: A Classic Who Dunnit
We actuaries, detectives of the first order, are presented with a most intriguing case: numerous, grisly bodies of dead insurance companies and physicians' practices in public view, various signs of intrigue and foul play abound, suspects galore, an abundance of alibis, and an endless supply of opinions on how the culprit(s) must repay their debt to society... -
Tort Reform and Insurance Markets
Proposed tort reforms have focused on punitive damages and noneconomic damages, each of which pose problems for jury decision making... -
Using a Claim Simulation Model for Reserving and Loss Forecasting for Medical Professional Liability
Various recent papers have included criticisms related to the use of link-ratio techniques for estimating ultimate losses...
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