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Thread: Column link

  1. #1

    Column link

    Hi all,

    A nice little column on the realities we face.

    http://www.nytimes.com/2008/03/29/op...ml?ref=opinion

    Per
    "all men dream: but not equally. Those who dream by night....wake in the day to find that it was vanity; but the dreamers of the day are dangerous men, for they may act their dream with open eyes, to make it possible."
    T.E. Lawrence

  2. #2
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    I guess thats why workers compensation insurance rates are what they are!

  3. #3
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    I'm not an actuary, but I do work in the Actuarial department for a major US insurer. The bulk of WC insurance rates goes to cover medical costs. Not to seem gruesome or cold, but most insurers would rather pay out a death settlement than have to deal with a "permanent total disability" case where a worker was seriously and permanently injured as a young man. The long-term costs for a PTD claim like that can easily run into millions of dollars.

  4. #4
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    Quote Originally Posted by Per Swenson View Post
    Hi all,

    A nice little column on the realities we face.

    http://www.nytimes.com/2008/03/29/op...ml?ref=opinion

    Per
    Here is a nice little column on the realities we face.

    http://www.rep-am.com/News/327362.txt
    Rich

    "If everyone is thinking alike, someone isn't thinking."
    - General George Patton Jr

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