Annuity Illustration Work Group comment letter to NAIC on proposed changes to Annuity Disclosure Model Regulation #245.  (October 17, 2018)

Subcommittee comments on the impact on Health Risk-Based Capital (HRBC) from the Tax Cuts and Jobs Act of 2017 (TCJA). (October 17, 2018)

Life Reserves Work Group revised amendment proposal form on selection of the industry basic table when company experience mortality rates are higher than the industry basic table. (October 02, 2018)

Multiemployer Plans Committee follow-up letter to the Joint Select Committee on Solvency of Multiemployer Pension Plans on key topics discussed during June 22 meeting regarding loan proposals and other solutions for troubled multiemployer pension plans.  (September 25, 2018)

Solvency Committee comments to the NAIC's Group Capital Calculation (E) Working Group on its Scope and Non-Insurance Testing Exposed with Questions document. (September 19, 2018)

Big Data Task Force comments to the  U.S. Senate Committee on Banking, Housing, and Urban Affairs  on their hearing, Fintech: Examining Digitization, Data, and Technology. (September 16, 2018)

Committee and Subcommittee comments on the Centers for Medicare and Medicaid Services’ (CMS) and Department of Health and Human Services’ (HHS) Aug. 10 proposed rule regarding the adoption of methodology for the HHS-operated permanent risk adjustment program. (September 04, 2018)

ERM/ORSA Committee comments to the NAIC’s Financial Regulation Standards and Accreditation (F) Committee on the ORSA Review Timelines exposure. (September 04, 2018)

Life Illustrations Work Group comment letter to NAIC on draft changes to Model #582.  (August 30, 2018)

Macroprudential Task Force comment letter to NAIC on the exposed scope for liquidity stress testing.  (August 30, 2018)

Life and Health Valuation Law Manual Task Force comment letter to Life Actuarial (A) Task Force on recommendations to changes for the 2019 Life and Health Valuation Law Manual.  (August 15, 2018)

Committee on Property and Liability Financial Reporting letter offering comments on the California Department of Insurance’s proposed changes to reporting requirements for large deductibles in workers’ compensation plans. (August 09, 2018)

Academy Past President Mary D. Miller on Friday submitted a comment letter from the Academy to the NAIC regarding the Casualty Actuarial and Statistical Task Force’s exposure draft related to the three-year experience requirement to sign statutory statements. In those comments Miller shared the Academy’s view that the exposure draft describes an approach that will neither clarify nor improve the current requirement. (August 09, 2018)

Notes from the Multiemployer Plans Committee meeting on Feb. 23, 2018 with officials of the Treasury and Labor departments, and Pension Benefit Guaranty Corporation to discuss applications by multiemployer pension plans in critical and declining status to suspend benefits or partition liabilities. This meeting supplements the first meeting between these parties on this topic, which was held on Feb. 22, 2017. (July 30, 2018)

Pension Committee, Public Plans Committee and Multiemployer Plans Committee comment letter to ASB on exposure drafts of proposed revisions to ASOPs 4, 24, and 35. (July 30, 2018)

Letter from Past Academy President Mary D. Miller with comments from the Academy to the National Association of Insurance Commissioners raising several concerns over a revised attestation proposal released for exposure on June 25 by the NAIC’s Casualty Actuarial and Statistical Task Force (CASTF). (July 24, 2018)

Letter from Past Academy President Mary D. Miller with extensive comments from the Academy to the NAIC responding to an exposure draft that the Casualty Actuarial and Statistical Task Force (CASTF) issued on a CAS/SOA proposal regarding CASTF’s “Continued Competence” charge. This is a significant proposal that would affect many actuaries. Comments are due by Monday, July 23. Those interested may wish to consider filing their own comments.
(July 19, 2018)

Extreme Events & Property Lines Committee questions for regulators on private flood insurance, focusing on regulatory issues for consideration as flood insurance coverage moves from a federal program to private coverage, for NAIC review. (July 19, 2018)

C1 Work Group comment letter on alternative C1 bond factors for different levels of statutory reserve offset.  (July 16, 2018)

Macroprudential Task Force comment letter on scope considerations for liquidity stress test and design elements. (July 15, 2018)

AG43/C3 Phase II Work Group comment letter to NAIC on proposed policyholder behavior assumptions.  (July 15, 2018)

AG43/C3 Phase II Work Group comment letter to NAIC on May 31 expossure of Variable Annuities Issues Working Group Framework.  (July 12, 2018)

Lifetime Income Risk Joint Task Force letter to Congress on the Lifetime Income Disclosure Act.  (July 05, 2018)

AG43/C3 Phase II Work Group comment letter to NAIC on assumption governance.  (July 04, 2018)

Annuity Illustration Work Group comment letter to NAIC on proposed changes to the Annuity Disclosure Model Regulation #245.  (July 01, 2018)

Life Illustrations Work Group comment letter to California Department of Insurance regarding Assembly Bill 2634. (July 01, 2018)

Life Reserves Work Group revised APF on the aggregation of mortality segments in VM-20. (June 26, 2018)

C1 Work Group comment letter to NAIC Valuation of Securities Task Force on their proposal to add instructions for fund investments to the Purposes and Procedures Manual.  (June 24, 2018)

Committee comments on proposed legislation to add a long-term care benefit to the Medicare program, evaluating in terms of financing, benefits, and coordination with other programs. (June 14, 2018)

Life Reserves Work Group revised APF 2018-17 in response to comments recieved on the original version of the APF.  (June 10, 2018)