ARLINGTON, Va., Dec. 13-- The Casualty Actuarial Society issued the following news release: Most actuaries know that predictive modeling -- the harnessing of enormous data sets to do everything from ...

Insurance premium modeling plays a crucial role in setting fair, accurate and competitive premiums in the industry. Actuarial teams, who specialize in risk management, use these models to predict the ...

Telematics technology, now integrated with AI and IoT, is transforming vehicle maintenance, fleet management, and insurance pricing. Predictive analytics from real-time sensor data is shifting ...

If insurance companies want to use predictive formulas to justify wildfire insurance rate increases in California, they'll have to write more policies in high-risk areas, under sweeping reform ...