Alas, but all good things in the human sphere come to an end.  Penn Treaty is the biggest insurer failure since 2004.  Now, don’t cry too much.  The state guaranty funds will pick up th...

Before I begin this evening, I would like to comment on my absence for the last week.  I gave a talk on Friday to the Southeastern Actuaries Conference.  I found myself behind the eight-ball, be...