Description: 1994 SOA Spring Meeting, Orlando. In this session the panelists debated the diversity of professional practice about how companies and regulators can and should measure profit and set standards for profit margins. One panelist spoke of the traditional actuarial perspective, while the other represented the modern theory of finance.

Description: In this article, Sam Phillips interviews Charles McClenahan, who provides litigation support and expert testimony, primarily as a ‘pioneer’ in the field of casualty actuarial forensics. McClenahan describes the type of work he does, which includes ‘cases involving actuarial malpractice, insurance company solvency standards, anti–trust, intellectual property, fraud, voidable preference, damages modeling, applicability of actuarial standards, reinsurance collectability and, in one case, arson and murder.’