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New Approaches, Old Method: Predicting IBNR with Machine Learning
Multiple September 16, 2021 Posted in: Blog, General, Predictive Analytics

Machine learning is a branch of artificial intelligence (AI) that teaches a computer how to analyze and find hidden patterns in data through the use of algorithms. It’s been called a “revolution,” and from self-driving cars to health care, it has begun to change the way we live our lives. Our Pinnacle University group explored the emerging world of machine learning and how it fits into the insurance industry.

Reptile Theory Leading to More Nuclear Verdicts in the Trucking Industry
Multiple September 15, 2021 Posted in: Blog, General

Nuclear verdicts (verdicts over $10 million) are becoming more common and contribute to significant angst experienced by commercial auto executives, underwriters and claims handlers across the country. A common theme in these matters is how plaintiff attorneys have been successfully employing reptile theory.

Dalesa Bady

Belonging is an Outcome

The CAS Student Central Summer Program

Belonging is an Outcome
Dalesa Bady September 01, 2021 Posted in: Blog Posts, Blog, General

"WE WON!"

The widest smile stretched across my face as I read the only two all-cap words spanning across a single email. Overcome with pride and joy, an incredible revelation hit me. Those words were stated in the context of winning the case competition in the Casualty Actuarial Society (CAS) Student Central  Summer Program, but they had a greater meaning that went beyond a single competition. Those words were, and still are, symbolic of what it means to make progressive strides in a journey to become more diverse, equitable and inclusive.

4 Ways Insurance Companies Can Help Protect the Planet
Multiple July 20, 2021 Posted in: Blog Posts, General
Few industries will be impacted by the compounding effects of climate change as severely as the insurance industry. Extreme climate-related disasters have increasingly dominated the media. Some recent climate data has indicated that expansive wildfires, hurricanes, extreme flooding and prolonged droughts are negatively affecting more and more people. By taking timely action, the insurance industry can help lead change to combat the growing regularity of catastrophic events.
Joe Herbers

Changing Hearts and Minds

The Importance of Listening

Changing Hearts and Minds
Joe Herbers June 28, 2021 Posted in: Blog Posts, General
In the wake of the murder of George Floyd last year, Pinnacle decided to proactively support and advance diversity, equity and inclusion (DEI) at our company, in our profession and in our communities. Collectively, the sentiment of the firm was towards action rather than simply parroting words to make us feel good about ourselves.
Tags: DEI, diversity
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