Regulator: Actuary Rate Estimates Mystify
NU Online News Service June 1, 3:07 p.m. EST?Statistical agent actuaries whose calculations help regulators set insurance rates face a difficult job explaining their actions to the numerically-challenged public, a California official told an actuaries' conference.[@@]
The comments by Larry C. White, senior staff counsel with the California Insurance Department, speaking at the Casualty Actuarial Society's Spring Meeting in Colorado Springs Colo., were
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