Actuarial Adjustment
Restructuring in reserves, premiums, and miscellaneous values to show actual loss experience, expenses, and anticipated benefits to be paid in the future.
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Insurance Industry News from ProgramBusiness.com
New Team LeaderInsurance education provider, The National Alliance for Insurance Education & Research, has announced the selection of Kathleen G. Speer, CIC, CPCU, as National Business Development Director for the not-for-profit organization. Ms. Speer will oversee the sales and business development relationship operations for all new and existing clients and partnerships, and develop in-house opportunities for The National Alliance.Prior to joining The National Alliance in Austin, Texas, Ms. Speer was a Home Office Underwriting Consultant for FCCI Insurance Services in Sarasota, Florida, where her responsibilities included quality assurance reviews for 16 active states to comply with regulatory and legal standards and adhere to underwriting guidelines.
Over a span of 23 years she held a number of positions with Aetna Casualty & Surety Insurance Company: Select Commercial Accounts Manager, Marketing Manager – Commercial Division, Marketing Supervisor, and 15 years as Marketing/UW Specialist/ Commercial Account Representative, leading the development of Aetna’s five-year business strategy in Tennessee.
“Kathleen Speer’s background in business, underwriting, and insurance company management is an exceptional fit with The National Alliance’s goals for the future,” said Dr. William T. Hold, CIC, CPCU, CLU, President of the National Alliance.
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