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Dr. Myles Watts – Lead Actuary and Head of Rating Department

Head of the Watts and Associates, Inc. Rating Department;
Presidential Nominee and US Senate Approved Member of the Board of Farmer Mac
19 years as Head of the Department of Agricultural Economics and Economics at Montana State University. Responsible for personnel, program, and budget management. Regularly leads multidisciplinary research teams and funding efforts;
30 years as a member of the faculty of Agricultural Economics and Economics at Montana State University providing training on agricultural risk management, econometrics, and macro and micro agricultural economics;
Ph.D. in Agricultural Economics from the University of Nebraska;
Editor of the Journal of Agricultural Resource Economics. Responsible for academic quality of published articles;
Numerous publications on range/ranching risk management issues in refereed publications;
In excess of 15 years experience as a Principal Investigator in crop insurance policy research, product development, and potential fraud detection. Experienced in leading a team involving economists, data-mining experts, and fraud investigators to develop methods to detect high fraud potential producers, agents, and adjustors;
25 years experience in risk management and agricultural policy research;
Founding Board Member, and current Chair, of the International Institute for Agriculture Risk Management;
Regular interactions with producer groups and politicians on public policy issues;
Over 100 published professional papers and 20 disciplinary-refereed journal articles; and
Constructed rating methods for several index-based, weather-based, and satellite-based insurance products currently being developed.

Watts and Associates, Inc. - Economic Consultants