
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:
Fabienne Amisial
ASB Liaison:
Gabriel Schiminovich
Professional Liaison:
Robert Astleford
Chairperson:
Kirsten Pedersen
Vice Chairperson:
Matt Monson
Donna Megregian
Donna Megregian
Members:
Marc Altschull
Mary Bahna-Nolan
Ravi Bhandari
Donna Claire
Christopher Conrad
Bruce Friedland
R. Dale Hall
Laura Hanson
Richard Hayes
Jonathan Heldmann
Andrew Jenkins
Elizabeth Keith
Janelle Kern
Linda Lankowski
Angela McShane
Donna Megregian
Craig Morrow
Maambo Mujala
Paul Navratil
Hal Pedersen
Leonard Reback
April Shen
Stephen Smith
Dylan Strother
Marcy Thailer
Kyle Wan
Mary Bahna-Nolan
Ravi Bhandari
Donna Claire
Christopher Conrad
Bruce Friedland
R. Dale Hall
Laura Hanson
Richard Hayes
Jonathan Heldmann
Andrew Jenkins
Elizabeth Keith
Janelle Kern
Linda Lankowski
Angela McShane
Donna Megregian
Craig Morrow
Maambo Mujala
Paul Navratil
Hal Pedersen
Leonard Reback
April Shen
Stephen Smith
Dylan Strother
Marcy Thailer
Kyle Wan
Related Publications
C3 Field Test Specifications
The C-3 Subcommittee presented C-3 Field Test Specification revisions to the NAIC Life RBC Work Group.Date Published: 08/11/2026
Read More
NAIC LATF Request to Review VM Prescribed Spreads & Defaults
The Academy's Life Reserves Committee responded to the NAIC LATF's request to review the Valuation Manual prescribed default and spread methodology used in VM-20, VM-21, and VM-22, and either...Date Published: 08/11/2026
Read More
NAIC IUL and Premium Financing Comment Letter
The Academy's Life Insurance Illustration Subcommittee offered the comments in response to the June 15, 2026, presentation made by NAIC Consumer Representative Dick Weber regarding IUL and premium...Date Published: 08/06/2026
Read More
Model 245 Summary Guide & Actuarial Guideline Flow Chart Exposure Question
The Annuity Products Subcommittee provided comments to the June 2, 2026, exposure of the List of Potential Modifications to Model 245 Summary Guide and Actuarial Guideline as Mechanism for...Date Published: 07/29/2026
Read More
Longevity Reinsurance Illustrations for Development of RBC C-2 factors
The Academy Longevity Risk Task Force held a meeting session with the NAIC to present Longevity Reinsurance Illustrations for Development of RBC C-2 factors. The Task Force provided illustrations of...Date Published: 07/29/2026
Read More
VM-22 Retrospective Application Exposure Comment Letter
The Annuity Reserves and Capital Subcommittee (ARCS) submitted comments to the NAIC’s Life Actuarial (A) Task Force Valuation Manual (VM)-22 (A) Subgroup on the VM-22 Retrospective Application...Date Published: 06/22/2026
Read More
GIC Exposure Comment Letter
The Annuity Reserves and Capital Subcommittee submitted comments to the NAIC’s Life Actuarial (A) Task Force on VM-22 Application to GICs, Funding Agreements, SGICs, and Stable Value Contracts.Date Published: 06/11/2026
Read More
Exposure of Proposed RBC Preamble Revisions Comment Letter
The Cross-Practice RBC Task Force submitted comments on the NAIC's exposure of proposed revisions to the RBC Preamble.
Topics: NAIC Risk-Based Capital
Date Published: 06/08/2026
Read More
LPC Submits Comments to the ASB on ASOP 41
Comment letter from the Life Practice Council Committees and Subcommittees, submitted to the Actuarial Standards Board (ASB) on the exposure draft of ASOP 41, Actuarial Communications.Date Published: 06/04/2026
Read More
Comment Letter on Model 245 Exposure
The Life Products Committee submitted exposure questions regarding Model #245 to the NAIC Life Insurance and Annuities Illustration (A) Working Group.Date Published: 05/19/2026
Read More
C-2 Longevity Discussion Topics for 2026 Plan
The Longevity Risk Task Force submitted C-2 discussion topics for 2026 to the NAIC Longevity Risk (E/A) Subgroup.
Topics: Risk-Based Capital
Date Published: 05/07/2026
Read More
C-1 Subcommittee Update on CLO C-1 Factors Modeling—Residual Tranches and Portfolio Adjustment Factors
C-1 Subcommittee Chairperson Steve Smith gave an update on Residual Tranches and Portfolio Adjustment Factors in the collateralized loan obligation (CLO) comparable attributes project to the...
Topics: Risk-Based Capital
Date Published: 05/06/2026
Read More
Annuity Buyer's Guide Comments
The Life Products Committee submitted comments to the NAIC's Annuity Buyer’s Guide (A) Working Group on the Working Group's recent draft Buyer's Guide on Deferred Annuities.Date Published: 04/17/2026
Read More
LPC Gives Update to LATF at NAIC Spring Meeting
The Academy gave an update on Life Practice Council (LPC) activity to the NAIC’s Life Actuarial (A) Task Force (LATF) at NAIC’s Spring National Meeting in San Diego.
Topics: Life
Date Published: 03/26/2026
Read More
Life Products Committee Comments to NAIC
The Life Products Committee sent a comment letter to the NAIC’s Life Insurance and Annuity Illustrations (A) Working Group on annuities issues from the working group’s February meeting.
Topics: Life
Date Published: 03/24/2026
Read More
C-1 Subcommittee Presents at NAIC on CLO Project
C-1 Subcommittee Chairperson Steve Smith gave an update on the collateralized loan obligation (CLO) comparable attributes project to the NAIC’s Risk-Based Capital Investment Risk and Evaluation...
Topics: Risk-Based Capital
Date Published: 03/23/2026
Read More
Comments on VM-22 GIC Funding
The Annuity Reserves and Capital Subcommittee submitted comments to the NAIC’s Life Actuarial (A) Task Force on an exposure regarding VM-22 Funding Agreements GIC Stable Value.
Topics: Life Public Policy
Date Published: 03/19/2026
Read More
Comments on VM-22 Aggregation
The Annuity Reserves and Capital Subcommittee submitted comments to the NAIC’s Life Actuarial (A) Task Force on APF 2025-20 regarding VM-22 Aggregation.
Topics: Life Public Policy
Date Published: 03/19/2026
Read More
Comments on VM-22 Settlement Options
The Annuity Reserves and Capital Subcommittee submitted comments to the NAIC’s Life Actuarial (A) Task Force on an exposure regarding APF2025-19 VM-22 Settlement Options.
Topics: Life Public Policy
Date Published: 03/19/2026
Read More
Comments on Proposed IUL Drafting Group
The Life Products Committee submitted a comment on the exposed question on nonforfeiture clarifications. In particular, the Committee offered support of the formation of a drafting group to consider...Date Published: 03/12/2026
Read More