What happens when the effective interest rate on a loan exceeds 60%? Find out about criminal interest rates, payday loans, and how actuaries bring actuarial evidence to bear in court. Featuring FCIAs Craig Allen, Principal at Craig A. Allen, FCAS; David Hart, Pension Consultant and Actuary at Hart Consulting; and Peter Gorham, Consulting Actuary and President of JDM Actuarial Expert Services...
New climate change milestones call for action from actuaries
Climate change is on all our minds these days. Last month’s flooding in Eastern Canada is just one of many instances of climate-related catastrophes that are occurring more frequently and with increasing impacts on properties, finances, and well-being.