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Practice Area Program Tracks

Casualty Track

 Natural Disasters, From the Global to the Local
Thursday, Nov. 13, 10:45 – 12:00
(Room: Concord)
This session will delve into the potential impact on actuarial practice of climate change and natural catastrophes. Panelists will also discuss the future of the National Flood Insurance Program after Biggert-Waters Reform and subsequent rollbacks of key provisions of this reform legislation.

Price Optimization/Disparate Impact
Thursday, Nov. 13, 2:15 – 3:30
(Room: Concord)
This session will examine the issues that price optimization and disparate impact portend for actuarial rate setting.

TRIA: Terrorism Risk
Friday, Nov. 14, 10:30 – 11:45
(Room: Concord)
This session will provide an overview of the federal Terrorism Risk Insurance Program, including an update on the congressional progress for renewal of the federal backstop.

 

Health Track

 The Outlook from Capitol Hill
Thursday, Nov. 13, 10:45 – 12:00
(Room: Columbia C)
A panel will discuss the legislative outlook following the midterm elections, including not only ACA-related issues but also issues related to long-term care and Medicare.

Latest Developments on Rate Review Requirements
Thursday, Nov. 13, 2:15 – 3:30
(Room: Columbia C)
Federal regulators and Academy representatives will discuss relevant changes to the unified rate review template (URRT) and related rate review requirements.

2016 Benefit and Payment Parameters
Friday, Nov. 14, 10:30 – 11:45
(Room: Columbia C)
Federal regulators and Academy representatives will discuss the key ACA rules for 2016 including the 3Rs and the AV/MV calculators.
 

Life Track
Is Nonforfeiture Ready for a Change? Issues and Concerns
Thursday, Nov. 13, 10:45 – 12:00
(Room: Lexington)
This session will feature regulatory, consumer, and industry perspectives on nonforfeiture improvement reforms.
 
The Other Side of PBR: Reviewing Results
Thursday, Nov. 13, 2:15 – 3:30
(Room: Lexington)
This session provides insights into possible answers to the question: In a post-state implementation/enactment PBR world, how will the review process work for both the company and the regulator?

Lifetime Income (Cross – Practice)
Friday, Nov. 14, 10:30 – 11:45
(Room: Lexington)
In today’s aging society, lifetime income is a top public policy issue. Speakers will address initiatives designed to bring about more widespread use of lifetime income options.
 

Pension Track
Retirement for the AGES
Thursday, Nov. 13, 2:15 – 3:30
(Room: Bunker Hill)
Earlier this year, the Academy unveiled an innovative framework based on four principles (Alignment, Governance, Efficiency, and Sustainability) to be used for evaluating retirement plans and systems (both private and public) and retirement-income public policy proposals. This framework is to serve as the basis for objectively scoring plans, systems, and proposals – an approach that provides insights on how well they meet retirement-income needs and how they might be improved.

Multiemployer Plan Reform
Thursday, Nov. 13, 2:15 – 3:30
(Room: Bunker Hill)

Learn how financial turbulence over the past 15 years has created unfunded benefit obligations in multiemployer plans that jeopardize both participant benefit security and the competitiveness of the contributing employers. New reports indicate that the PBGC’s ability to handle looming insolvencies necessitates legislative action.

Lifetime Income (Cross – Practice)
Friday, Nov. 14, 10:30 – 11:45
(Room: Lexington)
In today’s aging society, lifetime income is a top public policy issue. Speakers will address initiatives designed to bring about more widespread use of lifetime income options.

 
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