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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5.10.2018

Duck Creek Partners with Perr&Knight to Provide State Filings Solutions and Statistical Reporting Services to P&C Insurers

BOSTON – May 1, 2018 – Duck Creek Technologies has expanded its Partner Ecosystem program through a formal relationship with Perr&Knight, a leading provider of insurance consulting and software solutions to the property & casualty and accident & health industries. Perr&Knight helps its clients achieve their goals by providing actuarial and insurance operations consulting services […]

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12.28.2017

Perr&Knight Opens a New Office in Cincinnati, Ohio

SANTA MONICA, Calif., January 3, 2018 — Perr&Knight, a leading provider of actuarial consulting and insurance operations solutions, is pleased to announce that they have opened a new office in Cincinnati, Ohio effective January 2, 2018. California based Perr&Knight has signed a lease on a 1,850-square foot space at Atrium Two in the Central Business […]

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Upcoming Events

12.03.2020

NAMIC Virtual Events

Personal Lines Insurance Market Disruptors –COVID-19, InsurTechs, Global Warming and More!

Have you heard how the personal lines insurance market is being disrupted? InsurTechs are delivering innovative product ideas to the market with fast, technology driven services. On the flip side, COVID-19 is forcing disruptions to the market through leniency, refund requirements and rapidly evolving loss exposure while more extreme weather events are increasing uncertainty and costs.

Scott Whitaker and Michael Goldman of Perr&Knight will be presenting and sharing more about these disruptive forces, along with tips for navigating them to gain market share and profitability.