SubparUser

4 ms·

1. 1.▲
   by SubparUser 6y ago

   So I am not an actuary so I'm not super familiar with all the rules, but i believe there isn't a hard and fast profit rule for auto insurance. Now that being said, a lot of the times we use the observed loss ratio as rational for
2. 2.▲
   by SubparUser 6y ago

   This pretty of close, but a little off. You are correct that they are heavily regulated because auto insurance is mandated by law, but mainly pertains to what they are allowed to charge for. In the US, each state has a DOI that checks over
3. 3.▲
   by SubparUser 6y ago

   I work in DS for a car insurance company, from the inside the returning of premium seems more of a 'pr goodwill' type of thing than anything else. As soon as one company did it, they sort of all wanted to follow suit in order to p
4. 4.▲
   by SubparUser 7y ago

   Now that I noticed that this is aimed at young professionals in an effort to guide their career choice, this article seems even more disingenuous.
5. 5.▲
   by SubparUser 7y ago

   I'm a little confused on the goal of this 'analysis'. It appear that time spent in school/school cost isn't even considered. I'm not that familiar with bloomberg articles so I can't speak to their normal q