Bambi Is an Insurance Company Actuarial Liability
My dad, Tom, always had a theory that automobile insurance companies would eventually destroy deer hunting. Not because they hated hunters or because a shadowy cabal of claims adjusters met beneath Lansing every full moon, but because Dad understood basic economics: deer hit cars, insurance companies pay for cars, and insurance companies don’t enjoy paying for cars. To a hunter, a big Michigan whitetail is November tradition. To an insurance actuary, he’s a hood, grille, radiator, two airbags and a rental vehicle standing beside the highway eating grass. Dad didn’t need a conspiracy theory. He understood something far more powerful—incentives. Eventually, somebody was going to put Bambi into MS Excel.
