By Shawna Ackerman
Happy 30th, A Google search of the year 1989 reveals (the first) George Bush was sworn in as president of the United States in January, China’s Tiananmen Square protests happened in April, Hurricane Hugo slammed into the United States in September, and the Berlin Wall fell in November. Concurrent with these auspicious historical events, that same year the Academy launched its bimonthly magazine, Contingencies.
May/June 2019
Features
By Carl Friedrich, Dan Nitz, Al Schmitz, and Deyu Zhou
The coming long-term care (LTC) crisis has been well documented. More and more Baby Boomers are turning 65 every day and the need for financial protection from an LTC event continues to grow.
By Keith Passwater & Dave Nelson
Extending life and improving quality of life for literally millions, drug treatments such as aspirin, penicillin, insulin, AZT, cancer drug Herceptin, Harvoni, and Lipitor are nothing short of miracle drugs.
By Allen Ellstein
The following article discusses the history of mutual funds and what we can learn from it.
Departments
By Eric P. Harding
As a parent, one of the certainties of life is that your children are going to grow.
By Shawna Ackerman
Several years ago, the Academy was invited to participate in a daylong session with the U.S. Government Accountability Office to discuss businesses’ actions to build resilience to climate-related risks and the interdependency of business and government resilience.
By Joanne Fontana
I was an awkward sixth-grader. On the first day of school, my bus never showed up, so I burst into homeroom late and sweaty with a panicked look on my face.
By David Ogden
Actuaries frequently go on ad infinitum over assumptions, methods, data, and other actuarial considerations.
By Lenny Shteyman
Isn’t it amazing that online retailers seem to know so much about us?
By Warren Manners
By Tom Toce
I promised I would try the other ways to get a roll of seven, so I present here the next-easier way, two-five.
By Stephen Meskin
This problem concerns the number of ways of putting four distinct points in a (Euclidean) plane. But first, let me put the problem in context.
By Sam Gutterman
Wow—my iPhone just told me that I only spent 4 hours and 47 minutes per day on my phone last week. At least that was a decrease of 5 percent over the previous week!