Podcasts about Milliman

AI has taken the world by storm—but not all insurance companies, or countries, are approaching the technology the same way. On this special episode of Critical Point, experts from Munich Re and Milliman who work across five continents come together for a global conversation exploring how insurers and regulators are approaching AI around the world. Plus, don't miss Part 1 and Part 2 of this series on AI and insurance. You can read the episode transcript on our website.

Cell and gene therapies have been grabbing news headlines, both for their potential to cure rare diseases and for their million-dollar price tags. Milliman pharmacists and healthcare experts explain why state Medicaid agencies are particularly affected and the strategies many are using for predicting uptake and covering these high costs. You can read the episode transcript on our website. 

In this podcast, Johns Hopkins lacrosse head coach Peter Milliman discusses his team's development and training approach during the offseason. He emphasizes the importance of internal focus, discipline, and leadership as the team prepares for the next season. Milliman reflects on last season's challenges, key player performances, and the competitive schedule they face, noting the role of returning players and the impact of new team members. He also highlights the contributions of the team's support staff, including a standout social media presence led by Grayson Jones. The conversation ends with personal insights into his life outside coaching.

Healthcare costs are a hot topic as we approach open enrollment and the presidential election. In this episode of Critical Point, host Deana Bell sits down with Dave Liner and Jason Clarkson, principals at Milliman and co-authors of the Milliman Medical Index (MMI), to discuss the key drivers of 2024's healthcare costs. They dive into the effects of government programs like Medicaid and the Inflation Reduction Act, the rising use of weight loss medications, and how these factors are shaping healthcare costs for Americans on employer-sponsored insurance. Learn how policy changes and market trends could impact your healthcare expenses and decisions in the coming year.You can read the episode transcript on our website.

A class of drugs that are used in the treatment of type 2 diabetes and obesity are becoming increasingly popular as a weight-loss drug. However, the high cost of these GLP-1 drugs—the annual list price is around $12,000—has posed a dilemma for states as they decide whether to cover the drugs in their own state health plans, Medicaid and possibly require private insurers to cover the drugs. On this episode, we get perspectives from three people involved in the debate: Kristen Niakan, a pharmacy management consultant with the actuarial and consulting firm Milliman; North Carolina Treasurer Dale Folwell (R); and Colorado Senator Dafna Michaelson Jenet (D).Niakan explained the background of these drugs, who's using them, the costs involved, and the insurance coverage landscape across the country. Folwell walked through the decision in his state not to cover GLP one drugs for the state's employee health plan, and also discussed a separate decision in his state to extend coverage of the drugs to Medicaid recipients. Michaelson Jenet discussed her efforts to pass legislation that would've required all private insurance companies and the state Medicaid program in Colorado to provide coverage for the treatment of the chronic disease of obesity and the treatment of pre-diabetes, including FDA approved anti-obesity medication. ResourcesDiabetes State Mandates and Insulin Copayment Caps, NCSLEmployers feel the side effects of drugmaker control over Wegovy, Ozempic costs, PoliticoGLP-1 agonists in Medicaid: Utilization, growth, and management, MillimanImpact of anti-obesity medication coverage in the Medicaid and commercial marketsKFF Health Tracking Poll May 2024: The Public's Use and Views of GLP-1 Drugs, KFF

Cyber risk, climate change, new pharmaceutical therapies—as companies look for ways to manage increasing costs and unforeseen exposures, captives are a popular mechanism to insure against the unexpected. Around since the 1950s, today there are more than 7,000 captive insurers worldwide, with many headquartered in Vermont, Bermuda, and the Cayman Islands. As these insurance vehicles grow in popularity, Milliman experts answer the top 10 questions everyone's asking about captives.You can read the episode transcript on our website.

Drugmakers are taking steps to make sure clinical trials include participants from a variety of backgrounds—and they are steadily making progress, as evidenced by new studies of multiple sclerosis and sickle cell disease. Milliman health researchers Ellyn Russo and Chris Page unpack a history of distrust in medical research, the implications of failing to attract diverse study participants, and how simple strategies like rideshare vouchers, childcare, and check-in apps can help expand a study's reach, so more patients have access to the latest treatments and medical research moves forward.You can read the episode transcript on our website.

Hello and Greetings Listeners!  We have another great Research Insights Podcast to bring to you today.  Listen to the conversation between Host Dale Hall, Managing Director of Research at the Research Institute and Guests Erica Baird, Principal and Consulting Actuary at Milliman and Joe Long, Consulting Actuary & Data Scientist at Milliman discussing the report "Statistical Methods for Imputing Race and Ethnicity."  After listening to the podcast, visit the landing page to read the report and check out the tutorial. Report Landing Page:  https://www.soa.org/resources/research-reports/2024/stat-methods-imputing-race-ethnicity/ We welcome your feedback!  ResearchInsights@soa.org

Life insurers have historically invested their portfolios in the relative safety of mortgages and bonds, but economic volatility, sticky inflation, and other headwinds have spurred many insurance companies to diversify into alternatives, a trend explored in a recent Milliman paper. On this episode of Critical Point, three of the paper's authors discuss two alternative asset classes that are particularly attractive to insurers in today's market: private equity and real estate. They talk about unexpected assets like student housing and storage facilities, the synergy of private equity firms investing in insurers and vice versa, and why many insurance companies continue to hold commercial real estate despite post-pandemic office vacancies.You can read the episode transcript on our website.

NDE Sharon Milliman Uncut Interview #NearDeathExperience #SurvivalStory #CloseCall #BrushWithDeath #LifeAfterDeath #MiracleMoments #BeyondTheBrink #SecondChance #NDEjourney #CheatedDeath #GuardianAngels #NearMissChronicles #UnbelievableEscape #HeartStoppingMoments #NearDeathEncounter #FateIntervention #LuckyToBeAlive #OutoftheAbyss #NearFatalExperience #ResilienceStories --- Support this podcast: https://podcasters.spotify.com/pod/show/ndeworld/support

Please enjoy my interview with Sharon Milliman about her multiple NDEs, and her flesh and blood encounter with Jesus Christ!WHERE TO FIND MELISSAWEBSITE: https://lovecoveredlife.com/VIDEO PODCAST: https://www.youtube.com/@lovecoveredlifepodcastINSTAGRAM: https://www.instagram.com/lovecoveredlife/ TIKTOK: https://www.tiktok.com/@lovecoveredlife BE A GUEST: https://www.lovecoveredlife.com/beaguestEMAIL FOR OTHER BUSINESS INQUIRIES: Melissa@lovecoveredlife.comWHERE TO FIND SHARONBlog: https://sharonmilliman.wordpress.com/Youtube: https://www.youtube.com/channel/UCvUbCENIiAPOFcSQ7qflclQBook [A Song in the Wind]: https://amzn.to/3lKe5RC

Listen to Ashlee Borcan and Jennifer Howard of Milliman discuss the past, present and future of critical illness insurance.  This podcast is based on the article, “Critical Illness Turns 40!”, written by Ashlee and Jennifer.

Peter Milliman is in his fourth season as the head coach at Johns Hopkins.  Taking the helm at JH in 2020, Milliman previiously coached at Cornell for three seasons. He guided the Blue Jays to a 12-6 record, a share of the Big Ten regular season title and a trip to the NCAA Quarterfinals in 2023.  Johns Hopkins finished the season ranked fifth nationally.

After the popularity of our first episode, InsTech is back with another analysis of what happened in insurance in the past month.  If you are curious to know what is going on behind the news items you read about in insurance or technology - we're bringing together experts, founders, insurers and some well know figures to tell us the news items that are capturing their attention – and why. Matthew Grant CEO of InsTech is once again joined by Nigel Walsh, Managing Director, Insurance, Google Cloud US, alongside Martha Notaras, Managing Partner at Brewer Lane Ventures and Charlotte Halkett, Senior Consultant at Milliman.  In addition to this week's discussion, we have a special feature with the Co-founder and CEO of hyperexponential ​Amrit Santhirasenan as he discusses with Matthew the completion of their Series B funding round.  The news we're discussing this week: Raising $73 million USD: record funding for hyperexponential in Series B Kicking up a storm - how is property insurance changing as a result of climate change Cargo and geopolitics - how marine insurance is affected by political instability across the world If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. In collaboration with Google Cloud, InsTech is hosting an event in New York. We are calling all US insurers, Brokers, and MGAs to join us and discuss the future of underwriting. Supported by Cytora, hyperexponential, Guidewire and Kroll, register now. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Specify how insurance technology companies secure funding from investors and venture capital firms Explain how insurance can help provide solutions for circumstantially difficult events Identify how geopolitical crises can affect cargo and transportation If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 287 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

In this episode, host Nick Koziol speaks with Jane Milliman and Christine Green from (585) Magazine. Join them as they discuss fascinating stories, unique experiences, and the vibrant culture of the 585 area. Discover how (585) Magazine highlights the best in events, people, art, music, and more. Get insights into their process, how they select stories, and the exciting plans for the future such as the upcoming (585) Pets publication. Whether you're a long-time resident or planning a visit to the 585 region, Jane, Christine, and the (585) Magazine team share diverse and interesting stories that are the heart of what makes the 585 such a terrific place to be. Connect and Follow 585 Magazine: Website: www.585mag.com LinkedIn: www.linkedin.com/company/3058423 Instagram: www.instagram.com/585mag Facebook: www.facebook.com/585mag Youtube: www.youtube.com/ Twitter: www.twitter.com/585mag More About Jane Milliman, Publisher, JFM Publishing: Email: jmilliman@585mag.com LinkedIn: www.linkedin.com/in/janemilliman A long-time print publisher, Jane started the Upstate Gardeners' Journal in 1995, and purchased (585) magazine in 2019 and Roc Parent, formerly Genesee Valley Parent, in 2020, rebranding it (585) Kids. In her free time, Jane enjoys traveling with her boyfriend, playing tennis and paddle, and spending time with her daughter and grand puppy. More About Christine Green, Managing Editor (585) Magazine: Email: cgreen@585mag.com LinkedIn: www.linkedin.com/in/christine-green-a092035 Before Christine became editor at (585) magazine she tried her hand at archaeology, housekeeping, and grant writing. She enjoys writing fiction, poetry, and creative nonfiction. When she isn't writing she is gardening or practicing yoga. More About That Sounds Terrific - Host Nick Koziol For more information on our Podcast, That Sounds Terrific visit our website at www.thatsoundsterrific.com  and be sure to follow us on Facebook, Twitter, and Instagram. If you or someone you know are doing some terrific things that should be featured by our show then be sure to reach out by emailing us at thatsoundsterrfic@gmail.com. Special Thank You to Our Sponsors & Key Supporters: Chris Jones of Chris Jones Media for the Introduction and Outro recordings for That Sounds Terrific.  Into and Outro animation created in collaboration with Ben Albert of Balbert Marketing, LLC. Boost your business popularity, traffic, and conversions online!   The video and audio portions of this podcast are powered by the Vidwheel Creator Network. Join Neil Carrol and be a part of the network that allows you to learn and develop video skills. Make powerful video content while looking terrific on camera so that you can sustain and grow your businesses. Reach a wider audience of clients and partners who need to hear your message and develop the flexibility in your businesses to thrive in a turbulent world.  --- Support this podcast: https://podcasters.spotify.com/pod/show/thatsoundsterrific/support

Kobi is the CEO of InsurTech Israel that established by him to promote and lead the Israeli Insurtech ecosystem. The company has four areas of activity, investments, Bizdev, media and Acceleration program. All that activities make InsurTech Israel as the leading and most active company in the Israeli Insurtech. Kobi was the founder and CEO of Reshef Insurance Brokers, part of Migdal / Generali Insurance Group. Kobi has 22 years of experience in the insurance industry and holds a BA in Management and an MA in Law from Bar Ilan University and he is a Colonel (Reserve) in the IDF. Highlights from the Show Kobi started an MGA in Israel that grew to be the largest in the country that he sold to Generali After some time off, he saw a need to create a way to strengthen the insurtech ecosystem in the country Tel Aviv has almost 200 insurance startups, and InsurTech Israel supports them with four pillars Investment Business Development Exposure Accelerator They partner with other organizations, including BrokerTechVentures, AIG, Aon, AF Group, Dell, Milliman, ResourcePro, Xceedance and others They work across the entire value chain and space in insurance Insurance works on trust, so their core mission is really to help build trust in companies in the ecosystem there Tel Aviv has been a hotspot for innovation more broadly, which Kobi attributes to a very social environment, open mindsets of the people to embrace new ideas, and infrastructure from the government and supporting areas like venture capital Right now is obviously a very difficult time for anyone in the area, and only adds to the uncertainty and need for great leadership for startups Kobi shared the initial shock after Black Saturday in October After a few days, they realized they cannot stay in shock, and must continue or they will lose their momentum and place in the industry It's a time where the country is clearly in the midst of trauma and the impact that's having on the community is visible One reason Kobi believes Israel has so many startups is the way it faces major strife and disaster and comes back stronger, which builds resilience and toughness to press through great challenges Today, the main focus for InsurTech Israel is to support their startups with fundraising as they found many of their members were planning to raise soon and need support there given the way the war is impacting fundraising and these startups need to make it through to their next raise This episode is brought to you by The Future of Insurance book series (future-of-insurance.com) from Bryan Falchuk. Follow the podcast at future-of-insurance.com/podcast for more details and other episodes. Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.

Actuaries are vital to the insurance industry and national economies, but the profession is still emerging in many developing countries. That's why Milliman and the United Nations Development Programme have launched a program to increase actuarial capacity around the world. In this episode, five Milliman volunteers reflect on the initiative's first year and their work in 10 countries, from Nigeria to Nepal.You can read the episode transcript on our website.

In this last episode of the year, I decided to talk about workplace spirituality.  What is workplace spirituality? Should we incorporate it into the workplace?  Listen to the episode and let me know your thoughts.For suggestions or comments, please send them to psychchat@omnipsi.com or tweet to psych_chat.  Please find below references to the studies cited in the podcast episode.References:   Hassan, M., Bin Nadeem, A., & Akhter, A. (2016). Impact of workplace spirituality on job satisfaction: Mediating effect of trust. Cogent Business & Management, 3(1), 1189808.  Jurkiewicz, C. L., & Giacalone, R. A. (2004). A values framework for measuring the impact of workplace spirituality on organizational performance. Journal of business ethics, 49(2), 129-142.  Karakas, F. (2010). Spirituality and performance in organizations: A literature review. Journal of business ethics, 94(1), 89-106.  Milliman, J., Gatling, A., & Kim, J. S. (2018). The effect of workplace spirituality on hospitality employee engagement, intention to stay, and service delivery. Journal of Hospitality and Tourism Management, 35, 56-65.  Mousa, M., & Alas, R. (2016). Workplace spirituality and organizational commitment: A study on the public schools teachers in Menoufia (Egypt). African Journal of Business Management, 10(10), 247-255.  Osman-Gani, A. M., Hashim, J., & Ismail, Y. (2013). Establishing linkages between religiosity and spirituality on employee performance. Employee Relations.  Pawar, B. S. (2009). Individual spirituality, workplace spirituality and work attitudes: An empirical test of direct and interaction effects. Leadership & Organization Development Journal.  Rastgar, A. A., Pourebrahimi, N., & Sultanzadeh, S. (2012). The linkage between spirituality in the workplace and organizational citizenship behaviour. International journal of business and social science, 3(18).  Rego, A., & Cunha, M. P. (2008). Workplace spirituality and organizational commitment: an empirical study. Journal of Organizational Change Management. 

Ryan Milliman has invested in surf shops, real estate, and much more. He's well versed in family offices and breakfast burritos. Hear his story. MORE ABOUT RYAN MILLIMAN Ryan is a highly accomplished financial services professional with a stellar track record spanning over 20 years in the finance sector. Ryan has consistently demonstrated expertise and regulatory compliance. Notably, he has held the esteemed position of Supervisory Principal for Alternative Investments at the world's largest independent broker dealer. As a Business Consultant, Ryan has had the privilege of advising the top 1% of advisors at the same prestigious firm, showcasing his exceptional acumen and ability to drive success for high-performing individuals. Notably, he has successfully raised multiple millions in capital for private equity funds and ventures, securing the trust and investments of accredited limited partners. Ryan's entrepreneurial spirit has led him to found private ventures and startups, further amplifying his comprehensive understanding of the financial landscape. With a formal education in Economics and International Trade and Development from Cal Poly San Luis Obispo, Ryan seamlessly combines academic prowess with practical expertise, ensuring a well-rounded perspective on investment opportunities. His vast network of several hundred investor connections stands as a testament to his influential presence within the industry. Ryan's deep-rooted knowledge of the financial sector, coupled with his unwavering commitment to excellence, positions him as an invaluable asset to investment banks and investors seeking to maximize their returns and navigate complex market conditions.

In this episode, we have Nancy Watkins, an actuary with extensive experience in property casualty insurance and catastrophic risk analysis. The episode explores the challenges and strategies related to protecting properties against the threat of wildfires. Nancy P. Watkins is a principal and consulting actuary in Milliman's San Francisco office who leads a consulting practice that specializes in climate resilience, insurance and catastrophic property risk. At the forefront of innovation in wildfire risk, Nancy and her team provide state-of-the-art tools, technology, and analysis to insurers, reinsurers, government entities and trade groups. Their recent engagements include a ground-breaking white paper for the Casualty Actuarial Society showing how to create wildfire mitigation credits for rate making using catastrophe models, calculation agent support of a new parametric wildfire reinsurance product, and a multi-disciplinary study for the Town of Paradise exploring ways to rebuild the town to promote climate resilience and long-term insurance access. Widely known as a thought leader in the areas of property insurance availability and affordability, Nancy leads the global Milliman Climate Resilience Initiative. She currently represents the insurance industry on the California Office of the State Fire Marshal Risk Modeling Advisory Workgroup of the Wildfire Mitigation Advisory Committee. She serves on the United Nations Capital Development Fund's Climate Insurance Linked Resilient Infrastructure Finance Working Group to pilot climate adaptation financing for emerging markets and least-developed countries. She also serves on the Advisory Board of the Wharton Risk Center Policy Incubator, advising on innovative risk transfer instruments. The episode begins with an introduction to Nancy Watkins, whose expertise spans the realms of insurance and risk assessment, with a particular focus on the pressing issue of catastrophic risk exacerbated by climate change, especially in regions prone to wildfires. As the conversation progresses, the discussion delves into the challenging landscape of insurance. Nancy recounts her own experience when her insurance provider withdrew from the California market, leaving her and many other homeowners grappling with the task of securing alternative coverage. This narrative lays the groundwork for understanding the disconnection between community-level wildfire mitigation efforts and the insurance industry's capacity to effectively measure and manage wildfire risk. An exploration of the missing pieces in this puzzle sets the stage for devising more precise wildfire risk assessment strategies. A pivotal concept emerges in the conversation—the need for comprehensive data to understand wildfire risk thoroughly. The challenges in measuring such risk are discussed, especially when considering factors that go beyond individual homes, such as the collective efforts of communities to mitigate fire hazards. Nancy introduces her initiatives to establish a data commons, which would provide parcel-level inspection data to facilitate a more accurate quantification of wildfire risk. This data could be a valuable resource for informing insurance companies, scientists, fire management professionals, and communities about the true extent of wildfire risk. The episode underscores the importance of community-wide mitigation efforts in addition to individual home-based measures. It discusses the transformative potential of new construction methods to reduce wildfire risk, especially in the vulnerable wildland-urban interface. This highlights the significance of better community-level mitigation in protecting existing communities from the relentless wildfire threat. Moreover, it explores how changes in the insurance market can serve as incentives for communities to engage in meaningful mitigation efforts. The discussion shifts toward the pivotal role of data in influencing homeowner behavior and promoting wildfire mitigation. It raises the prospect of creating risk categories based on data to differentiate communities, thus encouraging communities to invest in mitigation efforts and providing them with a clearer sense of their risk levels. The episode delves into the potential for insurance companies to utilize data to incentivize mitigation and the challenges associated with motivating community-wide mitigation and data-driven strategies. In conclusion, the episode explores the importance of innovative landscaping approaches in striking a balance between aesthetic appeal and fire mitigation efforts. Landscaping architects and contractors are encouraged to offer attractive, fire-resistant alternatives that can effectively protect properties while preserving their visual appeal. The conversation underscores the ongoing need for innovation and education in wildfire mitigation strategies, as well as the collective efforts required to address the wildfire threat effectively. Key Highlights: Discover the challenges homeowners face when insurance providers exit the market, as shared by Nancy Watkins. Explore the gap between community-level wildfire mitigation efforts and insurance companies' ability to assess and manage wildfire risk. Learn about initiatives to create a comprehensive data commons for better wildfire risk assessment, benefiting insurance companies, scientists, and communities. Understand the significance of community-wide mitigation in protecting homes and neighborhoods from the growing wildfire threat. Dive into the transformative role of data in incentivizing homeowner behavior and fostering wildfire mitigation efforts. Uncover innovative landscaping approaches that strike a balance between aesthetics and fire safety.

In our second Critical Point episode about AI applications in insurance, we drill down into the topic of machine learning and particularly its evolving uses in healthcare. Milliman Principal and Consulting Actuary Robert Eaton leads a conversation with fellow data science leaders about the models they use, the challenges of data accessibility and quality, and working with regulators to ensure fairness. They also pick sides in the great debate of Team Stochastic Parrot versus Team Sparks AGI. You can read the episode transcript on our website.

Hello Society of Actuaries Research Institute, Research Insights Podcast Listeners!  We have another great episode today discussing the Research Institute report “Informal Caregiving:  Measuring the Cost and Reducing the Burden.”  Hear Guest Host Steve Siegel, Senior Practice Research Actuary at the Research Institute and Guest Matthew Smith, Consulting Actuary with Milliman talk about informal caregiving and its impacts on employees, employers, and other stakeholders.   Report Landing Page:  https://www.soa.org/resources/research-reports/2023/informal-caregiving-reducing-burden/

Artificial intelligence has been the buzz term of 2023, evolving at a pace unimaginable when Milliman launched this podcast five years ago. For this 50th episode of Critical Point, we gathered a group of our AI experts to discuss how the technology is poised to reshape the insurance value chain, from hiring practices and actuarial modeling to customer service and communication.You can read the episode transcript on our website.

Pat Miller talks with COL. Milliman about some new building projects on the base. We also get an update on how the conversion from A-10s to F-16s is going.See omnystudio.com/listener for privacy information.

Sharon Milliman has had four near-death experiences. The first occurred at the age of 13, when she drowned while taking swimming lessons. Sharon was struck by lightning four times over the course of several years. The fourth lightning strike resulted in her second NDE which occurred in 2005,when she was struck while talking on a cordless phone during a storm. Her third NDE occurred in November of 2016 while she was undergoing emergency surgery where she aspirated during the surgery and stopped breathing. Her fourth occurred in December of 2017 due to an adverse reaction to seizure medication, she died from acute respiratory acidosis.Sharon has been a guest on several radio shows, as well as YouTube interviews and podcasts. Most prominently, Sharon was featured on The Dr Oz Show which aired February 15,2019. She was also featured on The National Geographic Channel in a show titled ‘Return from the Dead' about Near Death Experiences which aired on April 17, 2016. Sharon was featured in a Near Death Experience Documentary film by producer and filmmaker James Bonato in 2022.Sharon has presented as a guest speaker at a number of spiritually oriented groups, including IANDS groups, various Churches, Hospitals and Hospice groups.She is the author of three books, "A Song In The Wind, A Near Death Experience" , "The Whispers In The Wind, A Poetic Journey Of The Soul” and “A Rose From Heaven.”Please enjoy my conversation with Sharon Milliman.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4858435/advertisement

More and more people live in high wildfire-risk areas across the United States. In fact, according to CoreLogic's 2023 Wildfire Risk Report, California, Colorado and Texas lead the nation in the number of at-risk homes and their total reconstruction cost value. The influx of people into these areas means that there is continued demand for insurers to provide coverage, even though climate change is increasing the potential for and the severity of these wildfires.While some insurance companies have elected to no longer write new policies in California – a state that is particularly burdened by wildfires – there are opportunities to reduce risk both for homeowners and for carriers. Mitigation is a major component.Mitigation is not just a trend but a long-term solution. When individuals, governments and insurers work together to create a buffer around a community by fortifying structures and removing potential sources of ignition, CoreLogic and Milliman showed that these efforts could correspond to a 55% reduction in the average total premium (not including reinsurance costs).In part two of this Core Conversations episode, host Maiclaire Bolton Smith talks to Senior Product Manager Jamie Knippen about how preparedness for a hazard through education and mitigation is the key to creating resilience for individuals, communities, governments and the insurance industry.In This Episode:0:51 – What is the advantage of using models to determine wildfire risk?1:46 – CoreLogic and Milliman studied how significantly mitigation would have affected the outcome of the fire in Paradise, California.4:19 – How did CoreLogic and Milliman get involved in this study?6:13 – How can understanding a view of future risk rather than looking at historic wildfire events improve outcomes?6:52 – Erika Stanley goes over the Natural Disaster Digest7:53 – Adopting probabilistic models: the when, why and how.8:50 – What is the future of wildfire insurance across the U.S.?Links:U.S. Home Price Insights ReportWildfire Risk ReportUp Next: How Will Property Data Help Manage the California Insurance Crisis?Find full episodes with all our guests in our podcast archive here: https://clgx.co/3zqhBZt

Insurers are feeling the heat as another record-breaking summer finally cools off. In this episode of Critical Point, Milliman leaders Rich Moyer, Garrett Bradford, and Andi Shah—who have studied the impact of extreme heat from the Middle East to Europe to North Carolina—discussed the ramifications on property, workers' compensation, health, and other types of insurance. They also talk about data, including available sources for measuring heat risk now, and the data they would like to see to help measure the future effects of a warming planet. You can read the episode transcript on our website.

After 2022's rollercoaster of soaring interest rates and plunging investment returns, sponsors of single-employer defined benefit plans face a key choice as they calculate the 2023 variable rate premium they'll pay to the Pension Benefit Guaranty Corporation (PBGC). Milliman pension actuaries Casey Baldwin and Ryan Cook spoke with Nina Lantz about using the full yield curve, not being afraid of the five-year lock-in, and how switching from the alternative calculation method to the standard method can mean the difference between a $100,000 premium and a premium of $1.7 million.You can read the episode transcript on our website.

Primary care is arguably the most dynamic vertical across the healthcare industry. In this episode, Provident's Primary Care team led by Craig Sager and Dustin Thompson are joined by Jonah Broulette, a Principal at Milliman, one of the leading Medicare actuarial firms in the country. Their conversation unpacks the history of primary care and its current state of affairs; value based care, taking risk and why it matters; and closely examining valuations across the sector.

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As companies embrace diversity, equity, and inclusion (DE&I) efforts, many are realizing their benefit policies and communications can help address health inequities and be more inclusive. From modernizing the language in plan documents, to simplifying fertility care for same-sex couples, to not showing a skinny marathoner in the ads for your fitness challenge, Milliman's Chief DE&I Officer joined health benefits experts to discuss how plan sponsors can help make sure all beneficiaries get the care they need.You can read the episode transcript on our website. 

In this companion episode to our look at SECURE 2.0 and defined contribution (DC) plans, Milliman employee benefits expert Nina Lantz explores how the new retirement law affects single-employer pensions. She talks with Milliman Consulting Actuary William Strange about what it means for retirement that life expectancy is rising more slowly, how companies can incentivize long-term employees, and why a reduction in insurance premiums could make corporate pension plan sponsorship appealing again. You can read the episode transcript on our website . 

When the SECURE 2.0 Act passed in late 2022, it introduced 92 provisions affecting retirement plans—and created a long to-do list for plan professionals. In this episode of Critical Point, Milliman employee benefits expert Nina Lantz talks with Brandy Cross, our director of defined contribution (DC) plan compliance, about how DC plans are coping. Learn which provisions plan sponsors are addressing first, and why it's OK to wait before making plan changes. Plus, don't miss Nina's companion episode on SECURE 2.0's impact on defined benefit plans.You can read the episode transcript on our website .

It is a Friday edition of Glenn Clark Radio, Glenn and Griffin will break down the O's series with the Angels with the help of Stan “The Fan” Charles who will be hanging out in studio with us as we talk Orioles and preview the Toronto series. At 10:05am, we will be chatting with Laurel Park Horse Trainer John Salzman Jr to preview Preakness before he and Coffeewithchris race in his first Preakness. At 10:45am, we will chat with MLB Pipeline's Jim Callis about the new Top 100 prospects in MLB including all the baby Orioles who made the list. At 11:05am, we will catch up with former MLBer Ryan Spilborghs who will be on the call for the O's game tonight on AppleTV+. At 11:30am, we will talk NCAA Tournament lacrosse with Johns Hopkins Lacrosse Coach Peter Milliman before Hopkins big game on Sunday in the Quarterfinals vs Notre Dame. We will wrap the show by chatting with former Maryland Terp and now Minnesota Lynx player Diamond Miller. All that and more on Friday edition of GCR...

More than three years after the coronavirus shut down the world, the Biden administration announced in early 2023 the end of the U.S. National Emergency and the Public Health Emergency, two declarations that had mandated health insurance coverage of COVID-19 tests and vaccines, among other requirements. As these regulations are now rolled back, what does that mean for employer-sponsored health plans? In this episode of Critical Point, Milliman health experts discuss the implications, from whether to continue paying for at-home COVID-19 tests and when to phase out standalone telehealth benefits, to how to communicate any changes with plan members at this significant moment in the pandemic. You can read the episode transcript on our website.

One of the great things about college lacrosse is that there are always many important games every week of the season. Week in and week out it's consistently good. Always. But then Rivalry Week comes, and it's just better. The tradition and history in the series. The familiarity of the teams. The disdain, yet often mutual respect, between fanbases. The bragging rights to the victor. Then add in the fact that it comes late in the regular season, and the Rivalry Game means there are usually post-season implications at stake. The 2023 edition of Rivalry Week brings all this and more. Highlighting our Rivalry Week preview show is an interview with third-year Hopkins head coach, Peter Milliman. He'll be at the center of the storm this week as he guides his No. 7-ranked Blue Jays into College Park to face the No. 3-ranked Maryland Terrapins on Saturday night. Milliman sits down with the guys to talk about changes coming out of the disappointing 2022 season, the significant addition of two new staff members, navigating one of the nation's toughest schedules, the Blue Jays' team leaders, what has made the Jays so good in late-game situations, the role JHU plays in growing the sport, the incredible success of Hopkins Athletics as a whole, team motivation going into The Rivalry and much, much more. WEEKEND PREVIEWS This week's schedule is crazy. It's littered with Rivalry Week gems, big league battles for the top of the standings and highlighted by four Top 20 matchups. Enjoy the games. FRIDAY's Top Matchups No. 11 Rutgers (8-4, 1-3 B1G) at No. 5 Penn State (8-3, 3-1), 6 p.m., BTN Ohio State (5-7, 1-3 B1G) at No. 18 Michigan (5-6, 1-3), 8 p.m., BTN SATURDAY's Top Matchups Drexel (7-4, 4-1 CAA) at No. 17 Delaware (9-3, 5-0), noon Lehigh (8-3, 5-1 Patriot) at Boston U (8-3, 5-1), noon, CBS Sports Network No. 14 North Carolina (7-5, 1-3 ACC) at No. 1 Notre Dame (8-1, 2-1), noon, ESPNU No. 12 Syracuse (8-5, 1-3 ACC) at No. 4 Virginia (8-3, 2-2), 2 p.m., ESPNU No. 7 Johns Hopkins (10-4, 3-1 B1G) at No. 3 Maryland (8-3, 3-1), 6 p.m., BTN No. 8 Army (9-2, 6-0 Patriot) at Navy (7-6, 4-2), 7 p.m., CBS Sports Network GIVE & GO In a Rivalry-inspired Give & Go, the fellas talk about some of the world's most famous rivalries. They also send some love to listener Logan on his wedding day and answer Logan's two mailbag questions.

Is climate change creating a real estate bubble we shouldn't ignore? And who's going to get hurt if that bubble bursts? Yale's Climate Connections newsletter just reported on a study that claims there's a massive bubble forming because property values don't include climate risks like flooding and wildfires. The 2023 Nature Climate Change study also suggests six ways to reduce this risk and potentially keep this bubble from bursting. (1)   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Please remember to subscribe to this podcast and leave us a review.   Although climate change skeptics may feel we are experiencing normal weather patterns, many people are concerned that severe weather events are increasing in number and intensity. We've been seeing increased storm-related flooding in some areas and more drought-related wildfires in others. Some inland areas are also dealing with water scarcity and extreme heat while coastal areas are faced with the threat of rising sea levels.   The “Brittleness Bubble”   The Yale newsletter cited climate futurist Alex Steffen for his definition of the so-called “Brittleness Bubble.” Steffen says: “As awareness of risk grows, the financial value of risky places drops. Where meeting that risk is more expensive than decision-makers think a place is worth, it simply won't be defended. It will be abandoned.” He says: “That will then create more problems. Bonds for big projects, loans and mortgages, business investment, insurance, talented workers – all will grow more scarce. Then, values will crash.”   Overvaluation of Homes   The Nature Climate Change study pegged the overvaluation of U.S. homes in flood zones at around $200 billion, but a study done last year by consulting firm Milliman had a much higher number. In the Milliman study, researchers calculated the overvaluation at more like $500 billion.   These figures apply to flood risk, and don't account for the impact of other weather-related risks like wildfires. California is suffering the impact of highly destructive wildfires that have been increasing in number and intensity. And that's pushing up insurance rates, making it unaffordable for many people to rebuild or buy homes in high-risk areas. The Southwest has also been dealing with a long-time drought although recent winter rains have helped to replenish reservoirs. But water scarcity and extreme heat are a growing problem in many areas.   Reducing the Risk   The report goes on to list six ways to help prevent this bubble from bursting, which I will briefly share with you.   1 - The first is to require sellers to fully disclose flood risks. The study says that, in general, properties that are highly overvalued are in coastal counties which often don't require flood-risk disclosures. Some property listing websites will show you this info however, such as Redfin and Realtor.com. Floodfactor.com also provides property-specific risk ratings.   2 - The second suggestion is to raise awareness about climate change which might lead to policy changes about development in risky areas. This will likely happen as more people suffer the impact and media attention grows.    3 - Third on the list of suggestions is to charge market-based insurance rates instead of subsidized rates provided by the National Flood Insurance Program. The NFIP has issued new risk ratings called Risk Rating 2.0. That has brought insurance costs closer to what they need to be, but it's a slow-going process because there are yearly rate-hike caps.   4 - The fourth suggestion is to reduce federal subsidies for properties in risky areas.  These subsidies come in the form of supplemental disaster relief with no requirements for long-term flood-risk strategies. The study authors say it's a complex issue that will take a lot of effort to tackle because there isn't much political support or funding to get this done.   5 - Fifth on the list of actions to address the so-called climate change housing bubble is a revamping of FEMA and the creation of a National Disaster Safety Board. The report says that FEMA is “underfunded, understaffed, and has minimal authority to do what it needs to do.” A National Disaster Safety Board could help implement policy changes.   6 - Last but not least, the report suggests that we should work toward a retreat policy that would help people move from areas that have suffered multiple climate-related disasters. The strategy would be to provide affordable housing for these people which may sound like a “big ask” at a time when the nation is suffering from a huge lack of affordable housing.   When Will the Bubble Burst?   So when will all this become critical?   The Yale article cites a NOAA prediction, that the average sea level rise by 2050 will be 10 to 14 inches for the East Coast, 14 to 18 inches for the Gulf Coast, and four to eight inches for the West Coast. It says a “rapid rise” will happen after that and claims that we'll see a rise of four to seven feet by 2100 as compared to the year 2000.   The study can't predict when we might see a sudden disruption because so much depends on politics, the economy, and basic human behavior. It says we might see a period of increased risk in the mid-2030s because of a “wobble in the moon's orbit.” It's something that happens every 18.6 years and usually causes unusually high tides along the Southern and Western coastlines.   If you own property in a high risk area, this topic is something that may command more of your attention. And if you're looking to buy a new property, be sure to check on the climate risks and factor that into your decision. As I mentioned, Redfin and Realtor.com both provide environmental risk factors on their property listing pages. You can also find more detailed information at floodfactor.com.   If you want to read more about this study, you'll find a link to the Yale article at newsforinvestors.com. You can also join RealWealth for free if you'd like more information on how to navigate the housing market right now and find rental property that makes sense for your portfolio. And please remember to subscribe to the podcast and leave us a review!   Thank you! And thanks for listening, Kathy   Links:   1 - https://yaleclimateconnections.org/2023/04/bubble-trouble-climate-change-is-creating-a-huge-and-growing-u-s-real-estate-bubble/

As climate change causes more storms and floods, residents of coastal areas are being forced to move inland—driving up rents and displacing current residents of those regions. Milliman recently studied this issue in a paper called “Climate Displacement in New York City: Making Space for Our Neighbors,” published with Rebuild by Design, a nonprofit that helps communities build resilience. On this episode of Critical Point, two of the study authors discuss the groups most at risk, designing Manhattan to be more like Hong Kong, and how 40% of New Yorkers may be displaced without proactive city planning. You can read the episode transcript on our website.

Ep #466 Of The Clay Edwards Show On 103.9 WYAB  03/08/2023 1. Matt Milliman w/ Mercy House Adult & Teen Challenge joins the show to talk about everything from the importance of putting the father back in homes to battling addiction to how you can help donate everything from old furniture to broke down vehicles.  Check out my website & all of my social channels by clicking my link tree at www.solo.to/clayedwards

Hear from Milliman's first female principal, Peggy Pearson, about her path from homemaker (and home economics major) to actuarial leader, all while breaking through the cultural barriers of the time. In honor of Milliman's 75th anniversary, Peggy sits down with current Milliman principals Angela Bolduc and Kim Guerriero to discuss how she “got into actuarial work on a dare,” her experience as a female leader in a primarily male-dominated field, and what has changed – and still needs to change – for women in the workplace.

Church retirement plan sponsors face unique considerations. While helping to position their clergy and other plan members for a secure future, they also must stay competitive across the wider benefits landscape to recruit and retain lay employees. For a look at how one diocese manages these pressures, Milliman actuaries Jake Pringle and Delbert Zamora sat down with Gary Patton, HR director for the Diocese of Fort Worth, Texas.

For Season 3, Yvonne and Rafael identified ten issues to frame conversations with guests:The great talent shortage. What are we doing to find and retain good people? We will face this issue for the foreseeable future, which will significantly impact the healthcare industry, including workers' comp. Mental health and well-being. Mental health issues continue to dominate as a leading societal problem in the US. There is increasing demand to prioritize mental health and consider how it impacts injured workers' ability to recover. What are we doing as an industry to support our professionals and their well-being? Economics of inflation and a looming recession. According to an article at Milliman.com, inflation hit a 40-year high last year, and we are expected to go into a recession later in 2023. We'll discuss inflation/recession economics with some data-minded friends and how it affects workers' compensation. New or significant workers' compensation rules/regulations/statutes. Several states have new or emerging rules and regulations impacting workers' compensation, and we will discuss these with a few guests.Challenges facing the healthcare system. There are several significant issues outside of the great talent shortage, facing the US healthcare system: is our hospital system in crisis? continued issues related to Covid19medical costs - the rising cost of drugs, medical inflation, increased facility costschronic pain* that impacts 1 in 5 US citizensTechnology and artificial intelligence (AI). Are we doing all we can to use technology and AI to handle claims more efficiently? Can we use technology to improve the experience for injured workers? Can technology help lighten the load for claims professionals by handling repetitive tasks, and incorporating evidence-based medical guidelines into the claims process, particularly in the management of non-catastrophic claims? Claims handling challenges. What's happening at the claim handler's desk? How is it different today compared to the past? What is the average caseload? Is it manageable? Is our industry ready to fully embrace an advocacy model of claims handling? We look forward to discussing this on several levels:return-to-work barriersreprising the adjuster's role and how they do their work (gig workers; caseloads, and more)friction points to the claims-handling processThe need for quality education for all industry stakeholders. There is an increased demand for education as we manage the talent gap due to many experienced professionals leaving the industry. We must prioritize education for all stakeholders. Our changing workforce needs. While experienced professionals are leaving in big numbers, we are struggling to hire and retain younger workers. What can we do to encourage more young professionals to join our industry? Are we ready to let go of decades-old practices to evolve and attract today's young professionals? The issue of lagging diversity.  Our communities have become increasingly more diverse over the past few decades, but our workplaces have not. This is true in every industry. There have been improvements for sure, but we have a long way to go. We'll explore this topic with several guests who are equally passionate about DEIB issues. *Here is a link to the paper at WorkCompCentral that we mentioned in regards to chronic pain: https://bit.ly/WCC-ChronicPainPaperJan23¡Muchas Gracias! Thank you for listening. We would appreciate you sharing our podcast with your friends on social media. Find Yvonne and Rafael on Linked In or follow us on Twitter @deconstructcomp

In this podcast, our first of 2023, Chris interviews Tom Koutsoumpas, President and CEO of Capital Caring Health & CEO of the National Partnership for Healthcare and Hospice Innovation (NPHI) and Carole Fisher, President of the NPHI.  Recently, ProPublica and The New Yorker published an article by Ava Kofman titled, “How Hospice Became a For-Profit Hustle.”  This article put hospice in the news quite a bit toward the end of 2022 and unfortunately it did not differentiate the very real variances between for-profit hospices, which are the hospices the article was highlighting, and nonprofit community-based mission focused hospices like NPHI members and Teleios Collaborative Network (TCN) members.  Chris quoted a great op-ed from Timothy Noah, staff writer with The New Republic.  The op-ed was responding to the ProPublica article by drawing a sharp comparison of for-profit hospice to nonprofit hospice.  Tom and Carole responded to the ProPublica article and the op-ed, they further highlighted the differences of nonprofit and for-profit hospice via a study NPHI commissioned by Milliman.  Carole then went on to share a new study NPHI commissioned on Americans' views on the US Healthcare system, aging, and end-of-life care.  Carole shared the fascinating outcomes from the study and how community-based nonprofit hospices can leverage this information.  This is great listen with some great data and learning regarding how community-based nonprofit hospices can build on their care models to further differentiate themselves from the horrible examples in the ProPublica article which aren't even in the same universe of what community-based nonprofit hospices are providing to their communities.  This is a great listen for leaders, team members, and board members of the hospice and palliative care movement.  This episode will inform and challenge listeners regarding our evolution and allowing our serious illness organizations to stand apart for those needing our services tomorrow and into the future.  Join us.Host: Chris Comeaux, President / CEO of TCNGuest:Carole Fisher, President of the National Partnership for Healthcare and Hospice Innovation (NPHI)Tom Koutsoumpas, President and CEO of Capital Caring Health & CEO of the National Partnership for Healthcare and Hospice Innovation (NPHI)Teleios Collaborative Network / https://www.teleioscn.org/tcntalkspodcast

With 2023 upon us, incoming Chamber Chair Joy Eakins is challenging the business community to make faithful investments in people.  She shares her vision for this year with Don and Ebony.  On this episode we discuss: How Joy was invited to participate more and more in the Chamber Finding great people to be supported by The generous investment that Wichitans make in each other Creating a dashboard to measure progress in the Wichita business community Setting a strategic plan to address the new challenges businesses face 2023 Chair's lunch at Intrust Bank Arena Learn more about the Chamber in 2023:https://www.wichitachamber.org/2023 Chamber Chair's LunchIn 2008, Joy Eakins founded what would later become known as Cornerstone Data. With a multi-disciplinary background in Mathematics, Computer Science, and Theological Studies, Joy was uniquely positioned to view data science in light of the people and organizations that produced it. The company was created to provide such a bridge. Joy honed her programming, database, and analytical skills at Milliman, ICB Consulting, Bell Labs/Lucent Technologies and Avaya.Joy is a champion of education, Joy served on the Wichita School Board from 2013 to 2018. She was recently education chair of FlagshipKansas.Tech, an organization promoting Kansas' technology Industry. She has served as a Chamber Board member since 2016 and is the current Board Chair.Other Resources:Joy Eakins - Cornerstone Data (Episode 21)Join the Wichita Regional Chamber of Commerce! This podcast is brought to you by the Wichita Regional Chamber of Commerce and is powered by Evergy.  To send feedback on this show and/or send suggestions for future guests or topics please e-mail communications@wichitachamber.org. This show is part of the ICT Podcast Network.  For more information visit ictpod.net

Quint sits down with JHU head coach Peter Milliman. "Peter Milliman completed his first season as the head coach at Johns Hopkins in 2021. Named the 23rd head coach in program history on April 27, 2020, Milliman came to Homewood after serving as the Richard M. Moran Head Coach of Men's Lacrosse at Cornell University for three seasons. In his first season at Johns Hopkins, Milliman guided the Blue Jays to their third consecutive appearance in the Big Ten Championship game, where they narrowly fell, 12-10, to top-ranked and eventual national runner-up Maryland. Johns Hopkins entered the tournament as the number six seed and upset third-seeded Penn State (15-7) and second-seeded and sixth-ranked Rutgers (12-10) to advance to the title game. In the process, Johns Hopkins became the first number six seed in Division I men's lacrosse history to advance to its conference title game; in the history of the Big Ten, the Blue Jays became just the third six-seed in any sport to play in the conference championship game." - Johns Hopkins Athletics --- Send in a voice message: https://anchor.fm/lax-all-stars/message

Episode Show Notes In this episode we cover:  The different types of editing The editing process Line editing for different levels Using tools like ProWritingAid This week's question is: Thinking towards next year and things you might need to put in place to help you achieve your goals, what motivates you? Recommendation of the week is: Blood and Steel by Helen Scheuerer Amazon UK Amazon USA ***this show uses affiliate links Find out more about Hayley and ProWritingAid with: 20% off ProWritingAid Premium   Rebel of the Week is: Judith Mortimore If you'd like to be a Rebel of the week please do send in your story, it can be any kind of rebellion. You can email your rebel story to rebelauthorpodcast@gmail.com No new patrons this week, but a big thank you to my existing patrons. If you'd like to support the show, and get early access to all the episodes as well as bonus content you can from as little as $2 a month by visiting: www.patreon.com/sachablack 

It's hard to believe someone could survive 4 lightning strikes and dying 4 times, but only once from lightning. Sharon meets Jesus and sees future world events. This episode has so many twists and turns it's difficult to keep up! RoundTripDeath.com

Insurtech never stops evolving. In this episode of Critical Point, Milliman actuaries Sheri Scott and Robert Eaton discuss recent trends they've seen and opportunities on the horizon--everything from new motion data and technology for improving the customer experience, to coverage for emerging risks including autonomous trucks, cryptocurrency, and even space travel.

The Recovery Podcast (Vol #2) W/ Host Clay Edwards And Guest: Eddie Buchanan And Matthew Milliman From Mercy House Adult And Teen Challenge. Matthew Milliman is the executive director with "Mercy House Adult And Teen Challenge" in Georgetown, Ms. Eddie Buchanan is a recent grad of the program who has overcome his addiction to become pillar of his church and community. We hear his story and discuss what Mercy House is and how the program operates.

How to get your book made into a movie and be a peaceful warrior with Dan Milliman Dan Millman, author of PEACEFUL HEART, WARRIOR SPIRIT: the True Story of my Spiritual Quest, is a former world trampoline champion, Stanford University gymnastics coach, martial arts instructor, and Oberlin college professor. His 18 books are published in 29 languages. His first book, Way of the Peaceful Warrior, was adapted to film in 2006. Dan has taught in 32 countries. For more about his books, events, online courses, and free life-purpose calculator visit: www.PeacefulWarrior.com   Daniel Jay Millman is an American author and lecturer in the personal development field. He is best known for the movie Peaceful Warrior, which is based on his own life and taken from one of his books.