25 Years Ago in The Actuarial Review

CAS President Ronald L. Bornhuetter introduced what has turned out to be a very popular event:

From the President

"This year your Board of Directors has authorized a new concept in the continuing education of the membership.  For the first time in my memory we will hold a special one-day seminar giving intensive coverage to one subject.  Please save Friday, September 17, on your calendar for a one-day, in-depth, discussion of loss reserving methods and procedures.  We plan to hold it in Chicago (O'Hare Airport area) to facilitate one-day travel."

Here's an interesting puzzle from one of our longest running columns:

It's A Puzzlement

"Laurie Longley-Cook's first puzzle book, Work This One Out (publishers Ernest Benn Limited, London), is again the source of the puzzle.

An explorer sets out to cross a desert 1,150 miles wide in a truck that travels 10 miles to a gallon of gas.  With other equipment, the truck can carry only 75 gallons (including what is in its tank).  There are no gasoline supplies in the desert, but gas can be deposited in safety by the truck along the route.  Also, the explorer may return to the starting point to replenish his supply of gas as often as he wishes.  What is the minimum amount of gasoline required to cross the desert, and how is it handled?"