When the opportunity arose to put together an article for AIRROC Matters on the historical perspective of commutations, I agreed as long as: (a) it could be a bit irreverent to the sacred beliefs of our industry, and (b) I could seek collaboration. As you will see, they agreed to both points. I decided to go back to 1986 when I was hired at Continental Insurance as the … [Read more...] about Commutations – A Historical Perspective
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AIRROC Awards Trish Getty Scholarship: At. John’s University Actuarial Science Senior Brian Kutza
For the fourth year, AIRROC awarded the Trish Getty Scholarship to a St. John’s University student. This year’s award recipient is Brian Kutza, who is a senior, majoring in Actuarial Science. In presenting the award, Marianne Petillo shared some remarks from the namesake of the scholarship, former Executive Director, Trish Getty. Although she wasn’t able to be there in person, … [Read more...] about AIRROC Awards Trish Getty Scholarship: At. John’s University Actuarial Science Senior Brian Kutza
AIRROC Person(s) of the Year 2015: Reliance Insurance Company in Liquidation
For the first time since the inception of the “AIRROC Person of the Year” Award, AIRROC has announced that this honor goes to a team of people — Reliance Insurance Company in Liquidation, arguably the largest Property & Casualty liquidation in history. Its distribution percentage to class (b) claimants has risen from 20% in December 2007 to 40%, with $381.6M distributed as … [Read more...] about AIRROC Person(s) of the Year 2015: Reliance Insurance Company in Liquidation
