Stein Receives Michelbacher Prize

Richard Stein won the 1998 Michelbacher Prize for his paper, "The Actuary As Product Manager In a Dynamic Product Analysis Environment." John J. Kollar, Chairperson of the Michelbacher Prize Committee, presented the award to Stein at the business session of the 1998 CAS Spring Meeting, held May 18.

This Michelbacher Prize commemorates the work of Gustav F. Michelbacher and is awarded to the author of the best paper submitted in response to a call for discussion papers whenever the program is conducted by the Casualty Actuarial Society. Papers are judged by a specially appointed committee on the basis of originality, research, readability, completeness, and other factors. Recipients need not be members of the Casualty Actuarial Society. The amount of the Michelbacher Prize is currently $1,000.