NEWS
October 24, 2002
William Seabrooke Cooper, a former actuary and Southeast Baltimore real estate salesman, died of lung cancer Friday at Mercy Medical Center. He was 67 and lived in Upper Fells Point. He was a Social Security Administration actuary in Woodlawn for more than 30 years before his retirement in the 1990s. Beginning in the 1970s, he also sold Fells Point real estate. Born in Baltimore and raised in Phoebus, Va., he earned bachelor's and master's degrees in physics from Morehouse College in Atlanta.
NEWS
By JOHN FRITZE and JOHN FRITZE,SUN REPORTER | November 21, 2005
Paul J. Scheel Sr., a retired president and longtime employee of the former Baltimore-based insurance giant United States Fidelity & Guaranty Co., died of a heart attack Thursday in his Lutherville home. He was 72. Mr. Scheel started with USF&G in 1959 in the actuarial department after graduating from Loyola College in Maryland with a degree in mathematics. In May 1971, he was named associate actuary and, six months later, was named vice president. He was elected the company's president and chief operating officer in 1982.
NEWS
By Dave Barry and Dave Barry,Knight Ridder / Tribune | June 29, 2003
So the other day I was waiting at a stoplight in my car, which is nice, but, like most cars today, boring. For example, when you turn the key, it starts. Every time! It has one of those modern, quiet, dependable engines. At least I assume it has an engine: I've never had a reason to look under the hood. For all I know, there's a small alien spacecraft in there, or Vice President Cheney. Cars were different back when I got my first driver's license, just after the invention of roads. In those days, cars were powered by an insane system called "internal combustion," which involved gasoline actually exploding inside the engine.
NEWS
By Euna Lhee and Euna Lhee,Sun Reporter | August 15, 2008
John Richard "Dick" Nagel, an Army veteran and actuary for 21 years, died of supranuclear palsy Aug. 4 at his Charlottesville, Va., home. The longtime Baltimore resident was 77. Mr. Nagel was born and raised in Buffalo, N.Y., where he graduated from high school in 1950. He earned a bachelor's degree in mathematics and actuarial science from Canisius College in 1954. During the Korean War, he served in the Army in New York and New Jersey. After being discharged, he married the former Peggy White in Connecticut and then moved to Baltimore, where he lived with his family for 40 years.
NEWS
By Annie Linskey and Annie Linskey,annie.linskey@baltsun.com | April 22, 2009
Trustees overseeing Baltimore's troubled $1.5 billion police and fire pension system should hire an attorney and other experts to determine whether their past decisions have breached fiduciary responsibilities to retirees, fire union officials cautioned Tuesday. Speaking to the board, Thomas Lowman, an actuary hired by unions to examine pension finances, said: "The plan is severely underfunded. You have to believe that someone is going to ask how we got here." Trustees were "drawing a big bull's-eye" on themselves, Lowman said, by failing to ask the city to pay the full cost of pension obligations amid concern that the price was unaffordable.
BUSINESS
By Cyril T. Zaneski and Cyril T. Zaneski,SUN STAFF | March 25, 2004
WASHINGTON - Democrats moved swiftly yesterday to try turning Medicare's grim financial forecast to their political advantage, blaming Bush administration initiatives to expand the role of private health insurers in the program and alleged White House efforts last year to hide the costs of its plans from Congress. Medicare's chief actuary, Richard S. Foster, told a House panel that he told White House officials in June that his projected cost of Medicare reform legislation would far exceed lawmakers' assumptions.