A Salmonella Jalapeño outbreak has sickened at least 345 people in 27 states, according to the CDC. Half of those people ate at Chipotle Mexican Grill restaurants and QDOBA locations in seven states. The peppers were imported from Sinaloa Mexico and distributed by Coast Citrus Distributors. Salmonella Jalapeño Outbreak Sickens 345, Chipotle and QDOBA – […]
The North Carolina cyclospora outbreak is linked to parsley and cilantro, as well as lettuce, according to an update by the North Carolina Department of Agriculture and Consumer Services (NCDHHS). While parsley and cilantro have been mentioned as possible vectors in this huge outbreak, this is the first time they have been linked to illnesses. […]
Amy’s Recalls 184,000 Cans of Top-Selling Vegan Lentil Soup Yum.
Do not eat shredded iceberg lettuce from Taco Bell locations in Indiana, Kentucky, Michigan, Ohio, and West Virginia. https://www.cdc.gov/cyclosporiasis/outbreaks/07-26/investigation.html
I never knew there were so many different kinds of soy sauce. Lesson #13 is : know your ingredients. This can be why a dish, despite following the recipe exactly, tastes better than yours. 6 Types of Soy Sauce Everyone Should Know – https://thewoksoflife.com/6-types-of-soy-sauce-everyone-should-know/ Memo to Self – Don’t be discouraged to learn there are […]
I don’t really understand what underwriting is, let alone accelerated underwriting. I looked it up and read a couple articles from Google, but still don’t understand it. I know it has something to do with risk. I remember when my mother was in her 80s, I had to look around for quite a while to find a policy that would still cover her. She was going to be dropped by her old one. Actually with my mother as I recall it was an annuity not life insurance. So that may be different.
Remember I come from a life insurance background, underwriting specialist at your service. Put simply the underwriting process is risk selection, deciding who qualifies for coverage and at what price. It has been my life’s work to understand the things that impact an individual’s longevity and charge premiums appropriately.
Accelerated means time to issue. Companies are shortening the time it takes to underwrite by streamlining processes and using alternative data sources instead of medical records from doctors and hospitals.
Your clear concise reply explains this concept so much better than multiple google pages. Thank you!
Is this different from an actuary?
Yes. Actuaries use complex models to set prices for large groups of people. Underwriters work supports the actuarial pricing model on a case by case basis. Bad underwriting = lower or no profits. Bad actuarial pricing means the company is really screwed.