Rate Regulation and the Casualty Actuary [Discussion]

We are indebted to Mr. Carlson for presenting us not only with a comprehensive record of the history of rate regulation in this country, but also with a very readable paper. There is probably no one in the industry so well qualified as he is by training and experience and by the native gift of understanding to report on and to discuss this confused and complex chapter in insurance history. We should be thankful that the job was done, and doubly thankful that Tom Carlson, and not some other, did it.