By Matthew Powell
William of Ockham said that preference should be given to explanations with fewer elements.
By Srivathsan Karanai Margan
The insurance industry has traditionally revolved around a company-centered business model in which products and intermediaries had a bigger role.
By Kurt J. Wrobel
We truly live in the information age. We have access to much more information than at any other time in human history—whether it takes the form of videos, pictures, emails, text, or just raw data.
By Shiraz Jetha
Causes of prolonged periods of high unemployment can range from economic mismanagement—such as over-expansion of money supply—to broad-based underlying structural changes.
By Carlos Fuentes
“Winning or Losing the Game?” (Contingencies, July/August 2016) introduced certain basic ideas of game theory to analyze the economics of integrated health care systems.
By Alyssa Oursler
Exactly 47 years after the Soviet Union sent Sputnik into orbit, the creatively named SpaceShipOne spacecraft became the first privately built vehicle to reach space.
By Hilary Salt
Discussions about risk are everywhere around us. As measurers and managers of risk, this should be good news for actuaries—more work for us, more opportunities in areas outside our traditional fields, and greater social recognition.
By Linda Lankowski, Kevin Piotrowski, and Benjamin Slutsker
Regulatory change is not a new concept. In fact, some might argue Benjamin Franklin’s quote should have been “in this world nothing can be said to be certain, except death, taxes, and regulatory change.”
By Roy Goldman
It’s 1954 and air travel is quickly replacing rail travel. You are the chief actuary of the Insurance Company of North America [INA].