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By Alan B. Cantor Accelerate Control of Risk Costs Risk Analysis Services LLC (RAS) has performed a unique analysis on Florida’s workers’ compensation system,  including separately reviewing self-insured entities. Using proven methodologies and data-sets not previously analyzed,  we conclude that the 2015 NCCI rate reduction for workers’ compensation rates in Florida has created an ideally … Read more

By Alan B. Cantor Successful Risk Modelling Protected the Nuclear Power Industry Against A Financial Meltdown In March, 1979 an accident occurred in Middletown, Pennsylvania, at the Three Mile Island nuclear power complex. The crisis and its clean up lasted fourteen years. Risk Analysis Service’s Alan Cantor was personally interested in the financial impact of … Read more

By Alan B. Cantor Modeling the Risks of Nuclear Power before Three Mile Island In January 1974, I was asked to create a model of the risks of nuclear power plant accidents for the American Electric Utilities. It seemed such a far-fetched idea that any such accident would occur that no insurer had looked at it … Read more

By Alan B. Cantor Medical Association with 25000 Members’ Malpractice Coverage  When market conditions and participants change are you prepared and nimble enough to improve your position?  Imagine a state medical association with 25 years and tens of thousands of physicians’ medical malpractice claims experience. Instead of a slow Thanksgiving week with a list of … Read more

By Alan B. Cantor How RiskMap® Analyses of Driver Training Drove Operational Changes VP Corporate Risk Manager for Laidlaw Jeff Cassell was preparing to call his actuary for their quarterly appointment. Mr. Cassell was ready to report that he now had some new insights about operational losses. And he was preparing to discuss these projected … Read more

By Alan B Cantor Simulation Is Not on the Exams, A Tale of Disruption It was 1975.  The Travelers had just quoted us at Marsh (UT’s insurance broker) $24 million for renewal of United Technologies (UT) Products Liability program, which was a relatively modest increase from the previous year’s $22 million quote.  Seemed reasonable… I was in … Read more