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Article
Data suggests only 5% of companies use their auditor’s actuary
23 June 2022 - by Eric J. Wunder, Joe Michels
While few companies use the same firm for auditing and actuarial services, it makes sense for all to keep them separate rather than risk a fine or lawsuit.
Article
Milliman estimates $9.3 billion in federal black lung liabilities
23 May 2022 - by Travis J. Grulkowski, Christine M. Fleming, Alex York, Sam Sager, Brekk Hayward, Joe Michels
Federal black lung claims differ from other workers’ comp due to multiple potential payers, complex adjudication, much longer reporting and payment lags.