In our fast-paced consulting environment, we need to be quick-witted and use our strong analytical backgrounds. But what if the challenge is physical – are we up for it? Four Seasons Health Club (FSHC) in Bloomington, Illinois recently held Battle 4 BloNo, a community-based fitness competition, to raise money for the Humane Society of Central Illinois (HSCI), Special Olympics and Boys & Girls Club. Pinnacle sent Team “Risky Business,” to participate in the event, which would put our speed and strength to the test. 

It’s concerning that many indicators of climate change like global temperature or sea levels continue to rise. Fortunately for the insurance industry, actuaries are also rising to the challenges posed by climate change. One recent example is the creation of the Actuaries Climate Index (ACI) and the forthcoming Actuaries Climate Risk Index (ACRI). These indices were created jointly by the American Academy of Actuaries (AAA), Canadian Institute of Actuaries (CIA), Casualty Actuarial Society (CAS) and Society of Actuaries (SOA) to help actuaries address the challenges climate change has created.

Pinnacle recently hosted the 4th annual Pinnacle U event in our Bloomington office. Pinnacle U is a collaborative effort between Illinois State University (ISU) and Pinnacle that provides a wide array of training and development opportunities for its participants. The event is also a tangible response to the strategic plan of the Casualty Actuarial Society (CAS), which lists improving communications and relationships with candidates and academics as a top priority.

Co-authored by Amanda Conklin and Christina Henry.

Buying a vehicle can be stressful.  The sheer number of decisions facing a potential car purchaser can be overwhelming. One choice a buyer must make at the dealership is whether to purchase an extended service contract (or extended warranty).  At the 2017 Pinnacle U conference, we partnered with a student from Illinois State University for a presentation on auto warranties and extended service contracts (ESCs).  

Last week we presented an APEX webinar on changes in technology that will impact the insurance industry in the coming years. We would like to thank everyone who participated and responded to our polling questions, and we’ll now answer a few participant questions we lacked sufficient time to address during our presentation.