Latest News & Press

7.22.2020

2019 TRIA Reauthorization – Are You Compliant?

On December 20, 2019 President Donald J. Trump signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2019. The NAIC Terrorism Insurance Implementation Working Group recently issued bulletins related to this matter.  his Reauthorization Act of 2019 changes the Terrorism risk Insurance Program as follows: Extends the Federal Terrorism Risk Insurance Program through […]

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5.13.2020

New Jersey Order – Premium Refunds, Credits and Reductions in Response to COVID-19

On May 12, 2020, the New Jersey Department of Banking and Insurance (“DOBI”) issued Bulletin 20-22 ordering insurers to make an initial premium refund or other adjustment to all New Jersey policyholders adversely impacted due to overstatement or misclassification of  risk resulting from the COVID-19 pandemic. Insurers are directed to provide each affected policyholder with […]

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4.23.2020

California Commissioner Orders Premium Refunds in Response to COVID-19

On April 13, 2020, the California Department of Insurance (“CDI”) issued a Bulletin ordering the refund of premium to drivers and businesses affected by the COVID-19 emergency. The implications of the Bulletin are complex and require consideration of various aspects of an insurer’s business model. Perr&Knight is having discussions with the staff at the CDI […]

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9.17.2018

Reserving Services for Companies Considering a Change in Actuaries

If your company is contemplating a change in the actuary that issues the Statement of Actuarial Opinion on the company’s reserves, please consider obtaining a quote from Perr&Knight. We are one of the top 10 largest property and casualty actuarial consulting firms in the United States and employ more than 100 insurance professionals, including 25 […]

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9.17.2018

Perr&Knight Recommends Predictive Analytics to Get the Most Out of Your Data

Are you getting the most out of your data? Whether it be in personal lines pricing, commercial lines underwriting, claims handling or fraud detection, your data should be helping you run an efficient, profitable organization. Through predictive analytics and your data, you can gain insights into your business, like: What is the most predictive rating […]

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5.21.2018

Perr&Knight Recommends Compliance Spring Cleaning

Are your operations due for some Spring Cleaning? It’s never a bad time to make sure your insurance operations are in order and ready to face an internal audit or market conduct exam. A little Spring Cleaning, in the form of a compliance audit, can help a company avoid fines, cease and desist actions or […]

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Upcoming Events

09.12.2021

AIRNC21

Auto Insurance Report National Conference, September 12-14, 2021, Amelia Island, Florida