Ms. Clark is right on. Too many carriers have abandon sound underwriting and simple spreading of the risk for exotic computer models. Maybe they feel better leaning on an industry standard modeling group so that when the poor results come in they can throw the modeling group under the bus, and keep their corner office. Predicting Mother Nature is God’s work.
Ms. Clark is right on. Too many carriers have abandon sound underwriting and simple spreading of the risk for exotic computer models. Maybe they feel better leaning on an industry standard modeling group so that when the poor results come in they can throw the modeling group under the bus, and keep their corner office. Predicting Mother Nature is God’s work.
Remember, you can’t fool me…and I am unpredictable
I like the end comment: “We need to start thinking outside the black box…” Well said and thank you for this article!