As most pension funds continued to weaken in 2002, some actuarial firms began asking their clients to accept limits on their ability to sue.
As a result, some small actuarial firms saw a competitive opportunity.
They could woo clients away from the big, established actuarial firms by accepting full liability.
Officials of the actuarial firms said they had received "civil investigative demands," or written requests for information, from the department's antitrust division.
An actuarial firm hired by the city blamed structural miscalculations rather than poor returns on the city's investments for the projected deficits.
At that point, Milliman & Robertson was the second largest actuarial firm in the country.
She wanted to be an actuary but the actuarial firms only accepted men.
The size and the number of actuarial firms is expanding rapidly in response to the demand for their services.
Although an actuarial firm predicted thirteen workers would die while building the arch, no workers were killed during the monument's construction.
The company employs four full-time actuaries and also has an active involvement of one of the leading actuarial firms in the country.