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Recent Trends in Personal Auto Insurance Costs
Recently emerging cost trends in the world of personal auto insurance have disrupted an environment previously known for its underwriting profitability and predictable claim severity patterns. During the past year, we have seen increasing pure premium trends across all major coverages. What is driving these trends? Will they continue into the future? And might current private passenger automobile rating plans account for variables affecting these pure premium increases?
Pinnacle Demonstrates its Commitment to Local Community
Laura Maxwell October 27, 2016 Posted in: Blog Posts, Community Involvement
Bishop Ranch, home of Pinnacle’s San Francisco area office, provides many opportunities for its tenants to meet. Bishop Ranch recently asked us to volunteer at the Habitat for Humanity East Bay/Silicon Valley’s Muir Ridge Development in Martinez, California. I used my Pinnacle Community Service day to volunteer – and also volunteered my husband.
Highlights from the 2016 California Workers' Compensation & Risk Conference
Multiple Authors October 25, 2016 Posted in: Blog Posts, Workers’ Compensation
Co-authored by Jing Liu and Laura Maxwell.
Pinnacle Actuarial Resources, Inc. Consultants recently attended the California Workers' Compensation & Risk (CWC & Risk) Conference in Dana Point, CA. Participating in this event is a great way to keep up with changes in the workers' compensation market in the state of California. There were over 1,500 attendees, and the exhibitors included law firms, third-party administrators (TPAs), healthcare service providers and injury prevention companies. CWC & Risk 2016 focused on new workers compensation legal requirements and cost-containment challenges faced by California employers.
Autonomous Vehicles and Human Beings
So much has been written about autonomous self-driving cars (automated vehicles or AV) and all of it is simply fascinating. The technology is evolving quickly and the research in this field will affect each and every one of us in unforeseen ways. Looking back just 7-8 years ago, smartphones were being adopted by the masses. My, how our lives have changed – generally for the better, but with some definite downsides. 
Higher Workers Compensation Rates for Florida
The Florida Office of Insurance Regulation (FLOIR) reached a decision this week on the rate impact of the recent Supreme Court rulings on workers compensation by granting contingent approval of a 14.5% rate increase effective December 1, 2016.
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