LANSING, Mich., Aug. 12, 2013 /PRNewswire/ -- Accident Fund Holdings, Inc. today announced that Walter Matthews, Corporate Actuary for Accident Fund Holdings, has earned the Fellow of the Casualty Actuary Society (FCAS) designation, the highest credentials offered by the Casualty Actuary Society (CAS). Through this achievement, Matthews joins an elite group of Fellows nationwide as well as becoming Accident Fund Holdings' seventh FCAS. He will travel this fall to attend the CAS Annual Meeting & Conferment Ceremony in Minneapolis.
"We are very proud of Walter's achievement," Elizabeth Haar, president and CEO of Accident Fund Holdings, Inc., said. "Earning this designation requires the candidate to take nine very difficult exams and usually takes about 10 years to complete. Walter, however, was able to complete the process in eight years. We wholeheartedly congratulate Walter on this great accomplishment."
Matthews joined Accident Fund in January 2010. As a Corporate Actuary he is responsible for reserving, reinsurance, and other business issues requiring a technical solution. He started his career in insurance as an actuarial technician at Kemper Specialty Insurance (formerly Unitrin Specialty) in Southern California.
Matthews earned two Bachelor's degrees, one in Mathematics and one in Economics, from the University of California – San Diego. Matthews lives in DeWitt, Mich. with his wife, Cynthia, and his two children, Anthony and Ariana.
About Accident Fund Holdings, Inc.
Accident Fund Holdings, Inc. (Lansing, Mich.) and its subsidiaries are one of the largest workers' compensation insurers and the largest non-governmental specialty writer of workers' compensation insurance in the United States. AFHI conducts business through its four brands: Accident Fund, United Heartland, CompWest and Third Coast Underwriters. AFHI's insurance company subsidiaries are rated "A-" (Excellent) by A.M. Best. Accident Fund Holdings is a wholly-owned subsidiary of Blue Cross Blue Shield of Michigan.
SOURCE Accident Fund Holdings, Inc.