U.S. Developing ‘Richter Scale’ for Wildfires

U.S. researchers have been working on a system to measure and predict the destructiveness of wildfires—similar to the way officials use the magnitude scale for earthquakes and other tools to rate ...

Milliman Releases Arius 2.0 Loss Reserving System

As presented at the Casualty Loss Reserve Seminar in Boston, global consulting and actuarial firm Milliman Inc. announced last week that it has released version 2.0 of Arius, its loss reserving ...