Life Illustrations Work Group letter to NAIC IUL (A) Illustration Subgroup on American Council of Life Insurers (ACLI) proposal for AG 49-A
(May 08, 2020)The American Academy of Actuaries submitted a letter to members of the Blanks Working Group regarding their proposal on the certification of continuing education (“CE”) compliance by “Appointed Actuaries” who sign statements of actuarial opinion for property and casualty insurers.
(May 05, 2020)Life Practice Council comment letter to the Actuarial Standards Board on the proposed revision of Actuarial Standard of Practice (ASOP) No. 11, Reinsurance Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports.
(April 21, 2020)The Financial Reporting Committee comments to the American Institute of Certified Public Accountants (AICPA) regarding draft revisions to the Audit and Accounting Guide: Life and Health Insurance Entities.
(March 25, 2020)Multiemployer Plans Committee letter to Internal Revenue Service requesting leniency on March 30th deadline for multiemployer pension plan certifications.
(March 24, 2020)The Health Solvency Subcommittee submitted a response letter to the NAIC Health Risk-Based Capital (HRBC) Working Group for their request to provide the health bond factors over a range of additional time horizons - spanning one to five years.
(March 18, 2020)The Committee on Property and Casualty Liability Financial Reporting filed comments on the CAS/SOA proposed new form for P/C Appointed Actuaries to report their continuing education activities
(March 10, 2020)Pension Committee comment letter to the Internal Revenue Service on updated mortality improvement rates and static mortality tables for defined benefit pension plans for 2021.
(March 09, 2020)Comments of the Individual and Small Group Markets Committee and Risk Sharing Subcommittee on the proposed rule for the 2020 Notice of Benefit and Payment Parameters (NBPP).
(March 02, 2020)The Committee on Property and Liability Financial Reporting sent a comment letter to the NAIC's Statutory Accounting Principles Working Group, continuing a dialogue about financial reporting of certain retroactive reinsurance transactions.
(February 28, 2020)Life Reinsurance Work Group comment letter to the NAIC Reinsurance (E) Task Force on the model #787 exposure memorandum on whether Actuarial Guideline XLVIII (AG 48) should be considered to be "substantially similar" to Model #787 under the NAIC Financial Standards of Accreditation Program.
(February 26, 2020)The Casualty Practice Council's comments to the Actuarial Standards Board regarding a proposed new ASOP on rate-filings by property/casualty insurers.
(February 25, 2020)IWG comment letter to NAIC on Indexed Universal Life insurance policies under Actuarial Guideline XLIX (AG 49).
(February 21, 2020)C-1 Work Group comment letter to the NAIC Capital Adequacy (E) Task Force on their proposal to expand the number of bond factors in the Life Risk-Based Capital formula.
(February 14, 2020)Macroprudential Task Force comment letter to NAIC Financial Stability (EX) Task Force and Liquidity Assessment (EX) Subgroup on the LST framework exposure.
(February 06, 2020)ERM/ORSA Committee comments on the International Association of Insurance Supervisors' (IAIS) Issues Paper on the Implementation of the Recommendations of the Task Force on Climate-Related Financial Disclosures ("TCFD Recommendations").
(February 05, 2020)The Medicaid Subcommittee submitted comments on the proposed rule, Medicaid Fiscal Accountability Regulation (MFAR).
(January 31, 2020)Longevity Risk Task Force comment letter to NAIC Life Risk-Based Capital (E) Working Group on the exposure of the proposed longevity risk charge.
(January 23, 2020)The Solvency Committee comments on the International Association of Insurance Supervisors (IAIS) Draft Application Paper on Liquidity Risk Management.
(January 23, 2020)Individual and Small Group Markets Committee comments on the September 30, 2019 bulletin, Opportunity for States to Participate in a Wellness Program Demonstration Project to Implement Health-Contingent Wellness Programs in the Individual Market.
(January 14, 2020)The Extreme Events and Property Lines Committee responded to the NAIC's Catastrophic Risk Subgroup's request for additional information about wildfires.
(January 07, 2020)Risk Sharing Subcommittee comments on the HHS Risk Adjustment Validation (RADV) White Paper, released on December 6, 2019.
(January 02, 2020)Multiemployer Plans Committee comment letter to the U.S. Senate Committee on Finance regarding the Multiemployer Pension Recapitalization and Reform Plan.
(December 23, 2019)APF 2019-33, submitted by the Life Reserves Work Group to the Life Actuarial (A) Task Force.
(December 05, 2019)Life Illustrations Work Group comment letter to Life Actuarial (A) Task Force regarding questions raised on IUL Illustrations under AG49.
(December 04, 2019)Longevity Risk Task Force cover letter outlining sample changes to risk-based capital blanks to implement longevity C-2 factors.
(November 22, 2019)Senior casualty fellow Rich Gibson's comments to the NAIC's Casualty Actuarial and Statistical Task Force on the latest draft of a proposed white paper on Regulatory Review of Predictive Models
(November 22, 2019)The Casualty Practice Council's comment letter to the U.S. House Committee on Financial Services regarding reauthorization of the Terrorism Risk Insurance Act. A similar letter was sent to the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
(October 22, 2019)The Casualty Practice Council's comment letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs regarding reauthorization of the Terrorism Risk Insurance Act. A similar letter was sent to the U.S. House Committee on Financial Services.
(October 22, 2019)Individual and Small Group Markets Committee sent comments to Centers for Medicare & Medicaid Services on rules finalized in the 2020 Notice of Benefit and Payment Parameters (NBPP) concerning risk adjustment data validation (RADV)-related transfers.
(October 03, 2019)