Price Optimization: What Is It? Where Is It Legal?

Jul 21
Webinar

Price Optimization: What Is It? Where Is It Legal?

Jul 21 2016 - Jul 21 2016

As a CPCU Society member, you can access this webinar.

This webinar is presented by the CPCU Society and the Regulatory & Legislative Interest Group.

Price Optimization: What Is It? Where Is It Legal? 

Thursday, July 21, 2016  2:00 pm Eastern

What it’s about:

Using the white paper report from the American Academy of Actuaries, this webinar will explain price optimization and its effects on property-casualty pricing. It will also discuss the legal interpretation of price optimization and review a variety of the reasons it has been banned in several states. The use of big data and its impact on consumers will be considered.

At the conclusion of this webinar, the active participant will understand:

  • What constitutes price optimization
  • How the collection and use of big data makes price optimization possible
  • Various state laws regarding price optimization
  • The outlook for the use of price optimization by insurance companies

Who should attend:

Underwriters, consumers, regulators and state legislators will benefit from this webinar.


Cost

Individual Pricing:

CPCU Society members: FREE
Nonmembers: $79

Group Pricing (Unlimited Participants at One Location):

CPCU Society members: FREE
Nonmembers: $189

Non-CPCU Society Members: To purchase this recorded webinar, please contact MemberResources@theinstitutes.org


Continuing Professional Development Information

CPCUs who attend will be awarded one continuing professional development (CPD) point.

 

 

 

Kris DeFrain

Kris DeFrain is the director of the National Association of Insurance Commissioners' (NAIC's) Research and Actuarial Department. She currently serves as primary NAIC staff for the Principle-Based Reserving and Casualty Actuarial and Statistical Task Forces. In this role, DeFrain manages a staff of actuaries, statistical analysts, insurance contract experts and research analysts who work on regulatory, solvency and market-related issues; provide regulatory services; and conduct research for the Center for Insurance Policy and Research.

DeFrain earned her bachelor's degree in finance/actuarial science from the University of Nebraska in 1989. She has served as a vice president for the Casualty Actuarial Society and is a member of the American Academy of Actuaries. 

David Keleher, CPCU, ARM, AIM, CIC

David Keleher is a senior property and casualty specialist with the National Association of Insurance Commissioners. He has over 46 years of experience in the commercial insurance field and has worked as an insurance company regional manager, agency owner, insurance broker and risk management consultant. In his present position, Keleher provides advice and counsel to insurance regulators in all 50 states and five United States possessions.

Keleher is a former president of the Kansas City and Los Angeles CPCU Society chapters. He has served as an area governor for the Society in Missouri and Arkansas and is a member of its Regulatory & Legislative Interest Group. Keleher has also spoken at the Risk and Insurance Management Annual Conference. 

 

 

Webinar Additional Information

When will I receive the log in link for the live webinar?

The login link for each live webinar will be sent by email 24 hours prior and again 1 hour prior to the live webinar.

I registered last minute or lost my log in link, can I still join the webinar?

If you are registering for a webinar less than 1 hour before the webinar is scheduled to begin or if you have lost your log in link, please email webinar@cpcusociety.org and staff will respond immediately with the log in link.

How long are CPCU Society webinars?

One hour, on average.

Can I view a recording of the webinar if I missed the live event?

Yes. If you have registered for the live webinar, you will receive the recording by email once the webinar has concluded. You can also watch past recorded webinars in the CPCU Society Knowledge Center.

What webinar platform does the CPCU Society use?

The CPCU Society uses Cisco WebEx for all webinar presentations. Please take a moment to ensure your system's compatibility with Webex using the link below. Test WebEx on your computer: http://www.webex.com/test-meeting.html

How do I report my CE for CPCUs credit?

Webinars count for 1 hour of CE for CPCUs credit. Your credit will be automatically reported with your registration for a live webinar. You can also earn CE for CPCUs credit by viewing recorded webinars though the Knowledge Center. All webinars watched in the Knowledge Center will be automatically reported for 1 credit.

Are CPCU Society webinars approved for state licensure CE?

At this time none of the webinars are approved for CE in any state.

 

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