Life Practice Council
The Life Practice Council oversees the Academy's public policy work on life insurance issues. The council manages the work of its committees, subcommittees, and work groups. The Academy's vice president for life insurance issues heads the council and serves on the Academy Executive Committee and Board of Directors.
Staff Liaison:
Amanda Barry-Moilanen
ASB Liaison:
Linda Lankowski
Professional Liaison:
Mike Ward
Chairperson:
Jason Kehrberg
Vice Chairperson:
Matt Monson
Members:
Marc Altschull
Mary Bahna-Nolan
Susan Bartholf
Mary Caramagno
Charles Chacosky
Donna Claire
Bruce Friedland
R. Dale Hall
Laura Hanson
Andrew Jenkins
Elizabeth Keith
Linda Lankowski
Angela McShane
Donna Megregian
Craig Morrow
Maambo Mujala
David Neve
Hal Pedersen
Leonard Reback
April Shen
Stephen Smith
Dylan Strother
Mary Bahna-Nolan
Susan Bartholf
Mary Caramagno
Charles Chacosky
Donna Claire
Bruce Friedland
R. Dale Hall
Laura Hanson
Andrew Jenkins
Elizabeth Keith
Linda Lankowski
Angela McShane
Donna Megregian
Craig Morrow
Maambo Mujala
David Neve
Hal Pedersen
Leonard Reback
April Shen
Stephen Smith
Dylan Strother
Related Publications
Comments on Most Recent Separate Account Recommendations
Separate Account Product Work Group comment letter to the NAIC Separate Account Risk Working Group on its revised recommendations for separate accounts exposed May 7, 2014.
Topics: NAIC
Date Published: 06/05/2014
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Comments on Reinsurance Ceded Interpretation
Reinsurance Work Group comment letter to the NAIC Emerging Actuarial Issues Working Group on the exposed Reinsurance Ceded Interpretation Question.
Topics: NAIC Reinsurance
Date Published: 06/02/2014
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Report to NAIC on Updating RBC Requirements for Interest Rate Risk
C-3 Work Group report to NAIC’s Life-Based Capital Working Group on recommended approach for updating regulatory risk-based capital requirements for interest rate risk for fixed annuities and...Date Published: 05/27/2014
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Work Group Comment Letter on Guidance for Indexed Universal Life Illustrations
Life Illustrations Work Group comment letter to the Life Actuarial Task Force on ACLI proposal for an Actuarial Guideline for Indexed Universal Life Illustrations.Date Published: 05/23/2014
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LPC Comment Letter on Proposed Small Company Exemption to VM-20
Life Practice Council comment letter to the Life Actuarial Task Force on ACLI’s proposed small company exemption to VM-20.Date Published: 05/15/2014
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Work Group Comment Letter on CDA Capital and Reserve Proposals
AG 43/C-3 Phase II Work Group comment letter to NAIC on ACLI proposals for modification of reserve and capital requirements for contingent deferred annuities.Date Published: 05/08/2014
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Additional Comments on Separate Account Recommendations
Separate Account Products Work Group additional comments on the Potential Actions/Recommendations (Document 2) exposed for comment on Nov. 18, 2013, by the NAIC Separate Account Risk (E) Working...
Topics: NAIC
Date Published: 05/05/2014
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PBRSS Comments on Possible Interim Captives Meeting
Principle-based Reserve Strategy Subgroup (PBRSS) comment letter to the NAIC suggesting topics to be discussed at a potential interim meeting of the PBR Implementation (EX) Task Force.
Topics: NAIC
Date Published: 04/23/2014
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LCAS Comments on March 20 Operational Risk Proposal
Life Capital Adequacy Subgroup comments on the NAIC Operational Risk Subgroup’s March 20 exposure of a revised proposal that suggests a new “C-5” factor in the NAIC Life Risk-Based Capital...
Topics: NAIC Risk-Based Capital
Date Published: 04/15/2014
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PBRSS Follow-up Comments on Feb. 17 Rector Report
Principle-based Reserves Strategy Subgroup comments clarifying the suggestion to eliminate the net premium reserve (NPR) component of VM-20 in previous comments on Feb. 17 Report of Rector &...
Topics: Principle-Based Reserving
Date Published: 04/11/2014
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Exposure Draft: Treatment of Intangible Assets under PGAAP
Practice note detailing practices on the purchase method of accounting on VOBA, goodwill and other intangible assets under Generally Accepted Accounting Principles commonly referred to as Purchase...Date Published: 04/04/2014
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Work Group Presentation on C-1 Factors for Corporate Bonds
C-1 Work Group presentation to the NAIC Investment Risk-Based Capital Working Group on C-1 Factors for Corporate Bonds in Life Risk-Based Capital Instructions.
Topics: NAIC Risk-Based Capital
Date Published: 03/29/2014
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Update on the Nonforfeiture Modernization Work Group
Nonforfeiture Modernization Work Group update to the NAIC Life Actuarial Task Force on the Gross Premium Nonforfeiture Method.
Topics: NAIC
Date Published: 03/28/2014
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Non-Elective Incidence Reserve Proposal
Actuarial Guideline 33 Non-elective Incidence Proposal Work Group presentation to the NAIC Life Actuarial Task Force with proposed language to Actuarial Guideline 33 to address non-elective incidence...
Topics: NAIC
Date Published: 03/28/2014
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Due Premium Treatment Amendment Proposal
Life Reserves Work Group Amendment Proposal regarding treatment of due premiums in VM-20 reserve calculation.Date Published: 03/27/2014
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Mortality Table Development Update
Life Experience Subcommittee presentation to the NAIC Life Actuarial Task Force on a mortality update on development of the 2014 Commissioners Standard Ordinary table, the 2014 Valuation Basic Table,...
Topics: NAIC
Date Published: 03/27/2014
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CAIWG Response to Questions from the NAIC
Contingent Annuity Issues Work Group responses to questions from the NAIC regarding the reserving and capital requirements for contingent annuities.Date Published: 03/21/2014
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PBRSS Comments on February 2014 Rector Report
Principle-Based Reserve Strategy Subgroup comments on the exposed Feb. 17, 2014, Report of Rector & Associates, Inc. to the Principle-Based Reserving Implementation (EX) Task Force.
Topics: Principle-Based Reserving
Date Published: 03/21/2014
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Revised Amendment Proposal on Due Premiums in VM-20
Life Reserves Work Group revised amendment proposal regarding treatment of due premiums in VM-20 reserve calculation.Date Published: 02/05/2014
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Comments to NAIC on Definition of Qualified Actuary
Academy comments to NAIC’s Joint Qualified Actuary (A/B/C) Subgroup on definitions of “qualified actuary” as prescribed by the NAIC.
Topics: NAIC
Date Published: 02/03/2014
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