The Academy Looks Back on 2025 While Planning for Year Ahead | | |
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The Academy released its annual report, The Record, recapping its 60th anniversary year, featuring highlights of volunteers’ work with state and federal policymakers in fulfilling the Academy’s mission of serving the public and the U.S. actuarial profession, and Tricia Matson’s instatement as the Academy’s 61st president. |
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The Academy held its annual “Hill visits” with federal policymakers on March 10 on Capitol Hill in Washington. The visits featured more than 40 Academy volunteers, representing all five practice areas—property/casualty, health, life, retirement, and risk management & financial reporting— taking part in more than 30 meetings. The focus was on key public policy issues including aging, Social Security, and financial security; AI and big data; flood and homeowners’ insurance; and insurance availability and affordability. |
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In conjunction with the Hill visits, the Academy hosted a Spring Policy Summit on March 9, featuring NAIC President Scott White, who discussed the state regulatory perspective in a “fireside chat” with President Tricia Matson. The summit also included key congressional staff, federal officials, and groups such as AHIP, NAMIC, and ACLI. The Academy will be presenting at the upcoming NAIC Spring National Meeting, March 22–25 in San Diego. |
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The Academy updated its Social Security Challenge to reflect projections from the Social Security Administration’s (SSA) 2025 Trustees Report, and a mid-January 2026 SSA addendum. This interactive challenge allows users to shape and submit their proposal from a range of possible reform options and see how it affects Social Security’s financial footing. |
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The March/April Contingencies covers the impact of extreme cyber risks and the need for insurers, risk managers, and policymakers to act in a timely manner. Other articles include fairness in insurance pricing; Academy volunteers’ experience with Hill visits; and a special supplement with articles on how actuarial skills open doors to nontraditional careers and how AI is reshaping the structure of the profession. |
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Upcoming Stakeholder-Focused Events Academy upcoming events include: Virtual Health Summit (April 16, Washington, D.C.)—Health Summit: Broadening the Focus, a virtual event, will offer actuarial perspectives and insights on the connections between health care costs and the current industry focus on return on investment. |
Insurance Investment Summit (May 12–13, New York)—Following last year’s inaugural event, the Insurance Investment Summit will feature expert speakers and multiple networking opportunities, and explore the rapidly transforming landscape of insurance asset management. David Golub, president of Golub Capital, will keynote. |
Retirement Summit (Fall, Washington, D.C.)—Look out for a retirement summit coming later this fall to include actuaries, policymakers, and regulators exploring retirement issues and solutions to support greater understanding, access, and affordability. |
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