The Importance of Consistent Reserving – Actuarial and Program Ramifications

Event Schedule by Time Zone: 
Pacific: 10 AM to 11 AM | Mountain: 11 AM to 12 PM | Central: 12 PM to 1 PM | Eastern: 1 PM to 2 PM

Healthcare organizations face significant financial exposure from malpractice claims, making it essential for risk managers to understand how reserves are established and how funding needs are projected. This webinar introduces the fundamentals of the claims reserving process and explains how financial commitments are determined for potential and asserted claims, including within self‑insured programs. Participants will gain clarity on reserve philosophy, consistent reserving practices, and the role of paid and reported losses in actuarial analysis. This session equips attendees with the knowledge needed to better collaborate with claims, finance, and actuarial teams.

Learning Objectives:

1. Defining a reserve ‘philosophy’
2. Utilizing ‘consistent’ reserving
3. Understanding the role that paid and reported losses have in the actuarial analysis

Speaker:

Pamela Popp has been involved in risk management organizations at the local, state and national level over 30 years. She has served as the president of ASHRM and a multi-year board member, as well as a president of the American Hospital Associations’ Certification Center. Pamela also served as board president of the International Center for Captive Insurance Education (ICCIE), and continues as a faculty member on healthcare captive and risk financing topics and is currently serving as a Board member of the Healthcare Standards Institute Foundation. She is a frequent speaker and author on risk, claims and risk financing topics, and serves as faculty for ASHRM’s Risk Financing Certificate Program.

Vince Yezzi is a consulting actuary with the firm’s Philadelphia office, where he has worked since 1986. He specializes in providing consulting services to corporations.

Vince’s consulting experience includes strategic planning and funding requirement analyses for numerous captive insurance companies and self-insured entities. He also has extensive experience in captive feasibility studies, allocation analyses for distributing captive or self-insured risk financing costs to individual members or entities and ratemaking reviews for physician programs.

In addition, his experience includes reserve reviews for most property/casualty lines of business, including workers’ compensation, general liability, products liability and commercial auto liability.

Vince is a frequent speaker at industry seminars and conferences, including the Casualty Actuarial Society’s Casualty Loss Reserve Seminar, The Conference of Consulting Actuaries and ASHRM. He has authored and published articles in several publications, including The Actuarial Review and Captive Insurance Company Reports.

Member: $39.00
Non-Member: $99.00