September 30, 2021 2:00 PM -
3:00 PM (Eastern)
Thursday, September 30, 2021, at 2:00 p.m. Eastern (1:00 p.m. Central)
Registration is now open for the Pinnacle APEX Webinar, A “Historic” Year. Title Insurance: State of the Market in 2021.
The title insurance market grew an unprecedented 21% in 2020, according to an analysis by the American Land Title Association (ALTA). “Historic mortgage origination activity” in 2020 generated $19.2 billion in title insurance premiums compared to $15.8 billion in 2019. Title insurance is a very large market. And, although homeowners are required to secure title insurance as a requisite to home purchase, few understand title insurance or its policy provisions. Pinnacle Principal and Consulting Actuary Art Randolph, Consulting Actuary Chris Schubert, and Associate Actuary Matt Meade will explore the historical financial results of the industry and investigate correlations between title underwriting experience and broad economic metrics. The session will also consider the impact of the COVID-19 pandemic.
We encourage interaction with our presenters; please feel free to submit questions before the webinar to APEXsupport@pinnacleactuaries.com. We will address them during the presentation as time allows. You will also have the ability to submit questions in real time during the session.
Arthur R. Randolph II, FCAS, MAAA, CPCU, ARM, ARe, is a principal and consulting actuary with Pinnacle Actuarial Resources managing the firm’s Atlanta, Georgia, office. He has been in the insurance industry since 1998 and has been consulting since 2001. Mr. Randolph’s consulting career has focused on medical professional liability (MPL), homeowners, workers’ compensation (WC), commercial and personal automobile, general liability and commercial multiple peril exposures. Mr. Randolph provides actuarial consulting services to property and casualty (re)insurers, self-insured entities, risk retention groups (RRGs) and captive insurers. His core services include reserving, ratemaking, risk transfer testing, funding allocations, and developing experience and retrospective rating plans.
Christopher J. Schubert, FCAS, MAAA, is a consulting actuary with Pinnacle Actuarial Resources in the Atlanta, Georgia, office. He has worked in the property/casualty insurance industry since 2011. Mr. Schubert has experience in assignments involving loss reserving, rate filings, funding studies, loss cost projections and financial examinations. He has contributed on loss reserve analyses involving personal property insurers writing homeowners and dwelling fire coverage, as well as multi-line companies writing medical professional liability, workers’ compensation, commercial property, auto liability and auto physical damage coverage, among others.
Matt Meade, ACAS, MAAA, is an associate actuary with Pinnacle Actuarial Resources in the Atlanta, Georgia, office. He holds a Bachelor of Arts degree in economics from Davidson College near Charlotte, North Carolina. He has worked in the property/casualty insurance industry since 2010. Mr. Meade has considerable experience in assignments involving loss reserving, captive renewals, funding studies, loss cost projections and risk margin calculations. He has particular expertise in providing loss reserve analyses for personal property insurers writing homeowners and dwelling fire coverage. He also develops loss reserve analyses and rate renewals for captive insurance groups and provides loss picks for prospective members. Mr. Meade works closely with self-insured programs assisting with financial reporting of unpaid claim liabilities and funding. He also works with insurers writing medical professional liability, workers’ compensation, commercial multi-peril and title insurance, among other various projects.
Pinnacle Actuarial Resources offers webinars to provide relevant, thought-provoking and practical ideas and information on current issues in the insurance and financial services industries. Pinnacle's monthly APEX webinars are typically available on the third Thursday of each month at 2 p.m. ET free of charge. Participants may submit questions electronically during the sessions.
Pinnacle Actuarial Resources, Inc., is an independent actuarial and management consulting firm that’s large enough to provide a wealth of expertise and world-class solutions—yet small enough to be flexible, timely and cost-effective. Owned by our professional staff, Pinnacle ranks among the largest property/casualty actuarial firms in North America. Our Commitment Beyond Numbers philosophy is built on four foundational pillars: empathetic customer service, superior communication, expertise and better business decisions, which guide us to find the right solutions for our clients.
September 19, 2021
NAMIC Annual Convention
September 21, 2021
SCCIA Executive Educational Conference