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Forum: Property - Casualty / General Insurance 07-10-2018, 07:43 AM
Replies: 1
Views: 247
Posted By pragmatist
One key factor to consider is the difficulty to...

One key factor to consider is the difficulty to recover --in court proceedings-- from the dishonest/fraudulent entity, be it through subrogation (thus, to the detriment of the insurer) or where the...
Forum: Risk Management 06-30-2018, 06:09 PM
Replies: 6
Views: 699
Posted By pragmatist
Interesting article. But removal of juries is a...

Interesting article. But removal of juries is a big no-no.

People usually hire an attorney to deal with the court proceedings, and therefore they don't realize how grossly corrupt judges (and...
Forum: Careers - Employment 06-08-2018, 11:46 AM
Replies: 43
Views: 3,188
Posted By pragmatist
Please try being less arrogant when you belittle...

Please try being less arrogant when you belittle others' respectful replies, especially where the inaccurate, non-verifiable, or unsupported comments might be yours.

We are discussing potential...
Forum: Careers - Employment 06-08-2018, 08:01 AM
Replies: 43
Views: 3,188
Posted By pragmatist
Stating something factually true may carry...

Stating something factually true may carry liability if it violates a settlement agreement or legislation which prohibits such disclosure (example: certain medical information that is not relevant to...
Forum: Careers - Employment 06-07-2018, 07:36 AM
Replies: 43
Views: 3,188
Posted By pragmatist
Some employers/coworkers think employment...

Some employers/coworkers think employment references are their opportunity to retaliate against the candidate for some unrelated or petty issue, and thus they indulge in making harmful statements...
Forum: General Actuarial 05-25-2018, 07:36 PM
Replies: 2
Views: 688
Posted By pragmatist
I haven't delved in insurance law but I'd like to...

I haven't delved in insurance law but I'd like to make some remarks.

An insurer's consent to excessive billing (in this case by the hospital) at the insured's expense clearly defeats the core...
Forum: Careers - Employment 05-20-2018, 02:31 PM
Replies: 16
Views: 1,625
Posted By pragmatist
Although granting data access can be done in 5...

Although granting data access can be done in 5 minutes or less, OP likely won't have the faculties to do that from within the actuarial department. The same applies to other tasks that involve the...
Forum: Property - Casualty / General Insurance 05-18-2018, 04:39 PM
Replies: 275
Views: 63,417
Posted By pragmatist
Got it. I doubt it. The label of...

Got it.


I doubt it. The label of Commercial in reference to the arbitration rules has nothing to do with the insurance distinction between Commercial and Personal Lines.
Forum: Property - Casualty / General Insurance 05-18-2018, 02:56 PM
Replies: 275
Views: 63,417
Posted By pragmatist
Yes, ambiguity is interpreted in favor of the...

Yes, ambiguity is interpreted in favor of the party who did not draft the contract. But the red flags I mention involve unequivocal terms which are devoid of ambiguity.

For example, accusation is...
Forum: Property - Casualty / General Insurance 05-18-2018, 12:54 PM
Replies: 275
Views: 63,417
Posted By pragmatist
That does not necessarily mean that the reason...

That does not necessarily mean that the reason for legalese is good, nor does it mean that court "scrutiny" usually works toward the ends of justice.

The legislator often enacts statutes replete...
Forum: Careers - Employment 05-13-2018, 02:53 PM
Replies: 46
Views: 3,797
Posted By pragmatist
Tell them they: I know you went out of your way,...

Tell them they: I know you went out of your way, you just didn't go out far enough.
Forum: Careers - Employment 05-12-2018, 03:38 PM
Replies: 24
Views: 2,625
Posted By pragmatist
I'm 99% sure that when recruiters make that kind...

I'm 99% sure that when recruiters make that kind of questions, they are using you to figure out what company has an open spot. Those recruiters might not even have an actual position to fill, and...
Forum: Careers - Employment 05-08-2018, 08:32 AM
Replies: 48
Views: 3,166
Posted By pragmatist
Twain's possible reply: "Maybe you had to...

Twain's possible reply: "Maybe you had to memorize so much because you weren't truthful about understanding the syllabus".
Forum: General Actuarial 05-05-2018, 08:56 AM
Replies: 165
Views: 11,336
Posted By pragmatist
I didn't know that. If their syllabi reasonably...

I didn't know that. If their syllabi reasonably follow the gist of CAS exams 5 and 6, then yes, I would definitely suggest going back to them and leave FAP as a failed experiment.
Forum: General Actuarial 05-04-2018, 04:59 PM
Replies: 165
Views: 11,336
Posted By pragmatist
It might be the case that ESL candidates happen...

It might be the case that ESL candidates happen to be more interested in the investment track, both on grounds of expectation$ and portability. Tracks involving more USA accounting/regulations sound...
Forum: General Actuarial 05-04-2018, 08:14 AM
Replies: 165
Views: 11,336
Posted By pragmatist
That's a subjective opinion. My subjective...

That's a subjective opinion. My subjective opinion is that FAP is absolute crap to the extent that it discourages me from even looking at FSA syllabi. That's why I even suggest the SOA should replace...
Forum: General Actuarial 05-03-2018, 03:08 PM
Replies: 165
Views: 11,336
Posted By pragmatist
Now I see what you are saying. I think the true...

Now I see what you are saying. I think the true solution entails enhancing the reliability of FSA exams and study materials. In your initial post you certainly point out that old exams are limited...
Forum: General Actuarial 05-03-2018, 01:59 PM
Replies: 165
Views: 11,336
Posted By pragmatist
Much of OP's criticism (helpful authors, abundant...

Much of OP's criticism (helpful authors, abundant study material, etc.) seems to be a suggestion that prelims should be more of a black box. An approach of that sort will only make the...
Forum: Careers - Employment 04-27-2018, 04:09 PM
Replies: 62
Views: 5,646
Posted By pragmatist
OP didn't necessarily disclose the company's...

OP didn't necessarily disclose the company's intellectual capital. For example, explaining his understanding of regulation doesn't constitute proprietary information. The fact that he has specific...
Forum: Careers - Employment 04-27-2018, 04:01 PM
Replies: 62
Views: 5,646
Posted By pragmatist
Nice, but he left out the most important detail:...

Nice, but he left out the most important detail: the name of this company.
Forum: Careers - Employment 04-27-2018, 03:08 PM
Replies: 62
Views: 5,646
Posted By pragmatist
Intent can be inferred from circumstantial...

Intent can be inferred from circumstantial evidence, and courts/agencies know that. Also, the administrative agency may be in the position to subpoena (or quasi-subpoena) the company.

But first...
Forum: Careers - Employment 04-27-2018, 02:24 PM
Replies: 62
Views: 5,646
Posted By pragmatist
It is neither fair nor legitimate nor proper....

It is neither fair nor legitimate nor proper. What you describe meets the legal definition of fraud.

If I were in a situation like that, I would secure from the recruiter some email or written...
Forum: Careers - Employment 04-27-2018, 07:05 AM
Replies: 12
Views: 1,037
Posted By pragmatist
You're right. I should have been more explicit in...

You're right. I should have been more explicit in my initial remark.

Let me put it this way: Choosing a specific graduate program just because that's the envy of the moment is a bad idea. Data...
Forum: Careers - Employment 04-27-2018, 07:00 AM
Replies: 26
Views: 2,433
Posted By pragmatist
You are missing the point and what at-will...

You are missing the point and what at-will employment is about. At-will employment does not authorize either party to violate the terms and conditions they agreed upon or consented to.

Regardless...
Forum: Careers - Employment 04-26-2018, 05:19 PM
Replies: 12
Views: 1,037
Posted By pragmatist
If OP envisions to work in risk management &...

If OP envisions to work in risk management & financial derivatives and he enrolls in a Data Science program, he'll get busy with problems/applications on "smart cities", consumer choice, geodata, the...
Showing results 1 to 25 of 170

 

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