#actuarial-science

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#capita
UK politics
fromTheregister
2 days ago

Capita won troubled UK pensions gig after performance checks

Capita was awarded a £239 million contract for the Civil Service Pension Scheme despite issues causing payment delays for retirees.
UK politics
fromTheregister
2 days ago

Capita won troubled UK pensions gig after performance checks

Capita was awarded a £239 million contract for the Civil Service Pension Scheme despite issues causing payment delays for retirees.
#homeowners-insurance
SF real estate
fromEarth911
1 week ago

How Climate Disasters Are Breaking the Homeowners Insurance Market

Homeowners in high-risk areas face significant insurance premium increases due to climate risk, impacting affordability and availability of home insurance.
Healthcare
fromFuturism
2 weeks ago

Insurance Companies Already Deploying AI Systems to Deny Claims Faster Than Ever Before

AI automation in insurance claims may lead to increased denials of necessary medical care, raising concerns among patients and advocates.
LA real estate
fromtherealdeal.com
2 weeks ago

Campaign promises offered as assurances on California's troubled resi insurance market

Pacific Palisades residents face a $1.5 million gap between insurance payouts and rebuilding costs after last year's fire.
#retirement-planning
Retirement
from24/7 Wall St.
2 weeks ago

The Social Security Breakeven Age Most Retirees Don't Know and Why It Should Change When You Claim

Only 13% of Americans know their full retirement age, crucial for making informed Social Security claiming decisions.
from24/7 Wall St.
2 months ago
Business

Why Your Retirement Age Doesn't Matter (But This Number Does)

Retirement timing depends on invested assets generating sufficient lifetime income, not age; calculate a target nest egg by subtracting guaranteed income and applying withdrawal rules.
Retirement
from24/7 Wall St.
2 weeks ago

The Social Security Breakeven Age Most Retirees Don't Know and Why It Should Change When You Claim

Only 13% of Americans know their full retirement age, crucial for making informed Social Security claiming decisions.
Retirement
fromwww.housingwire.com
1 month ago

How policy uncertainty is reshaping senior retirement plans

Retirees and near-retirees show heightened financial anxiety in 2025, with Social Security benefit cuts emerging as the primary policy concern, prompting delayed retirement plans and portfolio shifts toward conservative investments.
fromFortune
1 month ago

$15 billion of the insurance industry is at risk from AI, BofA says | Fortune

Our view is that large-language model digital agents can effectively do a non-immaterial portion of the work currently provided by 20-30k independent agents across the United States. The core of the firm's bearish thesis centers on a massive pool of routine, low-complexity insurance policies.
Artificial intelligence
fromFast Company
2 months ago

Why insurers' increased use of AI is sparking concerns for policyholders

“fireball burning everything in its path”
Real estate
fromwww.theguardian.com
1 month ago

How extreme weather is leaving thousands of homes uninsurable

We're seeing more frequent, more severe extreme weather events and that inevitably affects claims and affects pricing it can't not. And this is happening all over the globe. More, after this week's most important reads.
Environment
Healthcare
fromwww.housingwire.com
1 month ago

Milliman finds 65-year-olds need $135K for long-term care

Nearly half of men and 40% of women may need no paid long-term care during their lifetime, while women are significantly more likely to require extended care lasting over a year.
Fundraising
fromSilicon Canals
2 months ago

Insurance AI Leader mea Platform Targets Industry Combined Ratios and Margins With a $50 Million Growth Equity Raise From SEP - Silicon Canals

mea Platform secured a $50 million SEP minority growth equity investment to scale AI-native insurance automation and expand global operations.
#home-insurance
Business
from24/7 Wall St.
2 months ago

Auto Insurance Premiums Wont Stop Rising, Even for Careful Drivers

Auto insurance premiums are rising nationwide due to regional repair costs, medical inflation, litigation trends, and regulatory pricing processes, affecting even accident-free drivers.
fromHigh Country News
2 months ago

As the planet heats, insurance premiums rise - High Country News

Last November, two Washington residents filed a lawsuit accusing petroleum corporations of misleading the public for decades about fossil fuels' effect on climate change and how global warming is harming the planet and its inhabitants. Their lawsuit marks the latest addition to the growing number targeting Big Oil. The case, however, was novel, given the plaintiffs' damage claims: That increased carbon emissions from fossil fuel burning have intensified extreme weather events, such as hurricanes, wildfires, floods and heat waves.
Environment
Artificial intelligence
fromEntrepreneur
2 months ago

The Quiet AI Threat Can Damage Your Company Without Warning

Corrupted training data undermines AI effectiveness, causing poor decisions, wasted resources, loss of trust, and erosion of competitive advantage.
Business
from24/7 Wall St.
2 months ago

Baby Boomers: Are Annuities a Good Retirement Strategy?

Annuities provide guaranteed lifetime income and tax-advantaged growth, offering stability for retirement but require weighing their pros and cons against other income sources.
Business
fromwww.housingwire.com
2 months ago

ACES Quality Management acquires BaseCap Analytics

A unified ACES–BaseCap platform automates loan data processes, improves defect detection, and strengthens accuracy, consistency, compliance, and control for financial institutions.
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