Academy Releases 50th Anniversary Movie, Book Timeline
In recognition of its 50th anniversary, the Academy released a movie celebrating its Golden Anniversary; a hardcover book, Charting the Course, which tells the story of the Academy’s founding along with a historical overview of the actuarial profession in the United States; and an online timeline of its first 50 years, highlighting milestone dates. All are available on the Academy’s anniversary page.
Academy’s Annual Meeting and Public Policy Forum Celebrates 50th Anniversary
Attendees took in a packed two-day program of practice-specific sessions on property and casualty, health, life, and pension issues and heard three distinguished keynote speakers.
The Academy’s 50th anniversary this year was the theme of a Gala Dinner on Thursday evening at the National Museum of Women in the Arts, with entertainment provided by the renowned political satire troupe the Capitol Steps. In a celebratory evening, the Academy recognized several charter members and past presidents, and accepted congratulations and gifts from other actuarial organizations including the Casualty Actuarial Society, Society of Actuaries, Canadian Institute of Actuaries, Institute and Faculty of Actuaries (U.K.), and Conference of Consulting Actuaries.
Look for full coverage in the November Actuarial Update and in a standalone publication that compiles highlights of the meeting. And mark your calendar for next year’s Annual Meeting and Public Policy Forum, scheduled for Nov. 3-4 in Washington, just prior to Election Day.
Volunteers, Service Award Winners Honored at Annual Meeting
The Academy also gave out its annual service awards at the meeting. Andrea Sweeny received the Jarvis Farley Service Award for serving as a volunteer on nearly 20 committees over 15 years; and Michael Boerner was honored with the Robert J. Myers Public Service Award for his extraordinary contribution to the public good through his service with the Texas Department of Insurance and leadership at the NAIC. April Choi, Ellen Kleinstuber, Patricia Matson, and Lisa Slotznick were recognized with Outstanding Volunteerism Awards.
LHQ Seminar
The Academy’s sold-out Life and Health Qualifications Seminar took place in Arlington, Va., this week, just prior to the Annual Meeting and Public Policy Forum. The seminar, now in its 15th year, is the most efficient way for actuaries to acquire required basic education and continuing education to be qualified to sign NAIC annual statements of actuarial opinion.
Pension Webinar Looks at Cost Recognition
More than 500 attendees from almost 200 registered sites tuned in to the Academy’s “Alternatives for Pension Cost Recognition” webinar on Tuesday, in which panelists gave an overview discussion of an area of emerging practice to inform actuaries and other interested parties about alternative expense methodologies. Academy members can access the webinar’s slides and audio here.
Recently Released
The November issue of HealthCheck recaps the Academy’s “Aging Securely” Forum, held in Washington late last month, and the concurrent release of several Medicare and long-term care papers; a Health Practice International Committee issue brief; and the Academy’s Nov. 4 international health care webinar—the last in a series with the Academy’s Health Practice International Committee and the International Actuarial Association Health Section—that focused on Canada and Chile.
Upcoming Events
P/C Opinion Seminar Set for Philadelphia: Space is limited for this property and casualty seminar, which will be held Dec. 1-2 in Philadelphia. Actuaries who prepare or sign NAIC annual statement actuarial opinions on P/C loss reserves, or those who assist in preparing them, should plan to attend. Click here for seminar information, here to see the speakers list, and here to register.
Professionalism ABCD Webinar Set for Dec. 9: The Council on Professionalism webinar “Facing a Dilemma? The ABCD Can Help,” will be held on Dec. 9. Our expert panelists—Actuarial Board for Counseling and Discipline (ABCD) Chairperson Janet Fagan and ABCD member Kathy Riley—will review the process for requesting guidance, discuss several case studies based on common requests for guidance received by the ABCD, and provide a forum for attendees to submit questions and receive answers. Click here for more information.
Public Policy Activities
The Property and Casualty Risk-Based Capital Committee submitted a comment letter to the NAIC’s Capital Adequacy (E) Task Force on the ongoing examination of the bond risk factors used in the P/C risk-based capital formula.
In the News
Business Insurance was the first media outlet to publish coverage of the Academy’s Annual Meeting and Public Policy Forum, in a story that quoted keynote speaker Adam Hamm’s address on cybersecurity issues.
A Society for Human Resource Management article cites the Academy’s analysis in a health care item about California’s small group market expansion.
LifeHealthPro cites the Academy in a story about Affordable Care Act risk corridors that was also picked up by PharmacyChoice.com.
Note: Some links in this email go to external websites and may require registration. The Academy is not responsible for the content of these websites. Links may expire.
PLEASE DO NOT REPLY TO THIS EMAIL. THIS EMAIL ADDRESS IS NOT MONITORED.
If you would like more information or to contact the Academy, please visit us at www.actuary.org/content/about-us
Sign up to follow the Academy on Twitter.
Rather not receive Academy emails? Unsubscribe by emailing membership@actuary.org.
1850 M Street NW • Suite 300 • Washington, DC 20036 • 202.223.8196 • www.actuary.org
Copyright 2015 American Academy of Actuaries. All rights reserved.