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RECENT ACADEMY ACTIVITY | | |
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Only have a minute? Catch up on the week’s top stories with the latest “This Week … In a Minute” video. Subscribe to our YouTube channel to receive videos as they are released. | |
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There will be no issue next week—the October Actuarial Update, including an update from this week’s Academy Board meeting, will be published on Friday, Oct. 31. | | | |
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Free Livestreams & CE—Register for the Academy’s Leadership Summit & Governance Transition, Awards Presentations
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Members can register to attend free livestreams of the Academy’s Nov. 21 Leadership Summit with opportunities to capture some continuing education (CE) credit, watch the governance transition, and celebrate the annual awards presentations. Financial services and political analysis expert Jeff Bush, principal of the nonpartisan Washington Update, will give the keynote address on what’s happening in Washington and the broader policy/political environment. That will be followed by a discussion featuring incoming President Tricia Matson and the six Academy practice council vice presidents, highlighting 2026 priorities and beyond. Following the discussion, the Academy will hold its Board and presidential governance transition and presentation of the annual service and recognition awards. Register now.
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CE Opportunities Abound as Year Draws to a Close Academy webinars offer CE opportunities as 2025 draws to a close. Webinars coming in the next month include: - Oct. 29, Cyber Risk (casualty)—The Committee on Cyber Risk 2025 webinar, held annually during Cybersecurity Awareness Month, features Chairperson Wanchin Chou, Vice Chairperson Sam Tashima, and other committee members discussing updates to the Cyber Risk Toolkit as well as updates on the cyber insurance market. Register today.
- Oct. 30, Spousal Protections (retirement)—Improving Spousal Retirement Plan Protections will draw on the Retirement Policy and Design Evaluation (RPADE) Committee’s recent issue brief on the topic, exploring gaps in spousal retirement plan protections and proposals to address them. Speakers include RPADE Chairperson Lee Gold and Vice Chairperson Connie Rydberg, along with Karen Friedman from the Pension Rights Center and Kendra Isaacson from Mindset. Register today.
- Nov. 5, Home Replacement Costs (casualty)—Examining Home Replacement Costs features a conversation with volunteers from the Homeowners Insurance Task Force. The focus is on a soon-to-be-released paper discussing the complications and high costs involved when consumers file a homeowners’ claim. Chairperson Ken Doss will serve as moderator. Register today.
- Nov. 12, Health Town Hall (health)—Health Equity Committee Chairperson Becky Sheppard and Vice Chairperson Sara Teppema will lead an engaging Broadening the Focus: Town Hall Discussion, examining the current use of financial return-on-investment when evaluating health care programs or benefits. Using interactive discussion questions, the town hall will offer a first look at the Broadening the Focus project. Register today.
- Nov. 13, Actuaries & Investment Management (life)—Moderated by Life Investment Analysis Subcommittee member Theresa Resnick, Actuaries and Investment Management: Let’s Talk! will focus on how to create a robust communication system between investment management and actuaries, particularly for appointed actuaries and qualified actuaries. Register today.
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December Webinars—December will also offer the popular Tales From the Dark Side professionalism webinar, and webinars on VM-31 and commercial liability. Visit the Event Calendar to register. | | |
Applicability Guidelines Updated The Applicability Guidelines for Actuarial Standards of Practice (ASOPs)—a useful resource that can help actuaries determine which ASOPs might apply to an assignment—have been updated to reflect new and revised ASOPs recently adopted by the Actuarial Standards Board, including ASOP No. 58, Enterprise Risk Management, which applies to all practice areas. - Professionalism Counts next week—Look for more on the Applicability Guidelines in “Professionalism Counts,” coming in next week’s October Actuarial Update.
Academy-Sponsored Employer Professionalism Education Continues in Chicago The Academy’s professionalism outreach to employers continued Tuesday, with Actuarial Standards Board (ASB) Past Chairperson Rob Damler presenting a two-part professionalism session in Chicago to Blue Cross and Blue Shield chief and senior actuaries from the association and local plans. The first part of Damler’s presentation to the actuarial workgroup offered a professionalism review followed by audience polling and discussion of three health-practice area case studies. The second part explored the definition and impacts of data bias in the context of ASOPs. | | | |
OUTREACH & NEWS Actuary Voices Features Retirement Symposium Recap, Cybersecurity Awareness |
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A new episode of Actuary Voices features incoming Retirement Vice President Bruce Cadenhead and volunteers Connie Rydberg and Spencer Look, who recap last month’s retirement symposium in Washington. Also, for Cybersecurity Awareness Month, Committee on Cyber Risk member Bobby Jaegers discusses building a strong U.S. cybersecurity infrastructure and building personal cyber resilience. Listen and subscribe to Actuary Voices wherever you get your favorite podcasts. | |
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Casualty Quarterly Looks at Cyber Risk, Recent Papers |
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The Fall Casualty Quarterly spotlights the latest from the Committee on Cyber Risk during Cybersecurity Awareness Month, including insights from committee Vice Chairperson Sam Tashima. Also in the issue, a recap from September’s jointly sponsored Casualty Loss Reserve Seminar, which featured over 50 sessions, a policy paper on Scope 3 emissions, and an issue brief on workers’ compensation coverage. | | | |
Actuarially Sound—The Academy at AHIP | | | |
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An Actuarially Sound blog post by Director of Public Policy State Outreach Katie Dzurec covers her panel presentation at AHIP’s State Issues Retreat in Nashville earlier this month. Speaking to an audience of industry leaders, government relations staff, and policy experts, Dzurec highlighted the Health Practice Council’s (HPC) recently published health resource guide and its engagements with other stakeholder groups.
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Practice Councils Comment to NAIC on Revised RBC Principles The HPC, Casualty Practice Council, Life Practice Council, and Risk Management and Financial Reporting Practice Council submitted a joint comment letter to the NAIC’s Risk-Based Capital (RBC) Model Governance (EX) Task Force in response to revised preliminary principles exposed by the task force in September. Public Policy in Action - The Data Science and Analytics Committee (DSAC) submitted a comment letter in response to the NAIC Casualty Actuarial and Statistical (C) Task Force’s (CASTF) exposure draft, Unknown Risk Characteristics in Personal Rating Lines, raising important questions around missing data. DSAC addressed key concerns around fairness, transparency, and data integrity in insurance rating algorithms when consumer data are missing or incomplete.
Resource Center—Visit the online Resource Center to stay on top of the latest Academy news and activity. | | | | |
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