Financial Management Seminar

September 17, 2026

Hershey Country Club

Join PAMIC for our annual Financial Management Seminar, designed specifically for financial professionals in the mutual insurance industry. This one-day educational program provides timely insights into the financial, regulatory, and operational issues impacting today's property and casualty insurers.

Attendees will hear from industry experts on critical topics affecting insurance company financial performance. The seminar also offers valuable opportunities to network with peers, exchange ideas, and discuss best practices with colleagues facing similar challenges.

Attendees can earn CPE Credits for attending (PA only).

Attendee Registration

Sponsorship

Seminar Agenda

8:00 - 8:45 am: Breakfast

8:45 - 9:00 am: Welcome & Chairman Remarks

9:00 - 9:45 am: Legislative Update

Greenlee Partners

9:45 - 10:45 am: Every Dollar Needs A Job - Capital, Resilience and Strategic Choice for Mutual Insurers 

Every Dollar Needs a Job explores how mutual insurers can move beyond capital adequacy to manage surplus with greater purpose. Through an interactive case study, the presentation examines how capital can protect policyholders, absorb uncertainty, preserve strategic flexibility, and fund priorities such as growth, reinsurance, and technology.

Louis Mannello, Crowe LLP

10:45 - 11:00 am: Mid-Morning Break

11:00am - 12:00 pm: PA Insurance Department Update

We'll explore current reinsurance market conditions, key NAIC initiatives impacting reinsurance, effective program design, and best practices for managing reinsurance relationships and programs.

Crystal McDonald, PA Insurance Department & Keith Kaplan, Chief Liquidation Officer, Bedivere

12:00 - 1:00 pm: Lunch 

1:00 - 2:00 pm: AI Session

2:00 - 3:00 pm:  Navigating the New Market Regime: Economic Forces, Capital Markets, and the Insurance Industry

The investment landscape has changed dramatically over the past several years. Higher interest rates, persistent inflation pressures, evolving monetary policy, and increased market volatility are reshaping opportunities and risks for insurers. In this session, Kevin Karpuk and John Paul Cavaliere will explore the key economic and capital market trends influencing insurance company investment portfolios, balance sheets, and long-term financial strategies. Attendees will gain practical insights into fixed income markets, equity valuations, recession risks, and portfolio positioning while learning how insurers can navigate uncertainty and capitalize on opportunities in the years ahead.

John Paul Cavaliere & Kevin Karpuk, CFA, Cornerstone

3:00 - 4:00 pm: Statutory Accounting and Tax Update

Scott Esworthy & Matt Harvey, Brown Plus

4:00 pm: Closing Remarks & Adjournment

Cancellation Policy

A refund minus a $50 administrative fee will be given if a written cancellation notice is received on or before September 10, 2026.  After this date, no refunds will be issued. Contact Lora Sharp at lsharp@pamic.org for more information. 

Questions?

Contact our Director of Communications, Education , & Events, Cindy Warren at cwarren@pamic.org or call 717-303-0197.

PAMIC Antitrust Statement 

Thank you to our Sponsors!