The Role of the Actuary Subgroup submitted comments to the NAIC's Life Actuarial Task Force (LATF) on combined revisions regarding VM-G of the Valuation Manual.

The LTC Reform Subcommittee published an issue brief providing an overview of premium rate increases on private long-term care insurance policyholders. Read the news release.

The Casualty Practice Council and the P/C Extreme Events Committee sent a letter to members of the U.S. Senate Banking, Housing and Urban Affairs Committee commenting on HR 2901, The Flood Insurance Market Parity and Modernization Act, concerning expansion of the role of private insurers in the flood insurance marketplace.

The Solvency Committee submitted comments to the NAIC's Investment Risk-Based Capital (E) Working Group on its "Way Forward" exposure document.

The Life Reserves Work Group (LRWG) submitted comments to the NAIC's Life Actuarial Task Force (LATF) on the Minnesota Department of Commerce Amendment Proposal Form (APF) on post-level term profit assumptions.

A new issue brief produced by the Individual and Small Group Markets Committee, Drivers of 2017 Health Insurance Premium Changes, provides an overview of the general factors underlying premium rate setting and highlights the major components driving premium changes for 2017 under the Affordable Care Act (ACA). Read the news release.

The Role of the Actuary Subgroup submitted comments to the NAIC's Life Actuarial Task Force (LATF) on recommendations made in amendment proposal forms regarding VM-G of the Valuation Manual.

The Pension Committee submitted comments to the Internal Revenue Service regarding the proposed regulations for nondiscrimination relief for closed defined benefit plans.

The LTC Reform Subcommittee submitted a comment letter to the Maryland Insurance Administration Public Hearing on Long-Term Care Insurance.

The Pension Practice Council submitted comments to the Department of Defense regarding the use of personal discount rates to calculate lump-sum payments from military pensions as required in the National Defense Authorization Act for Fiscal Year 2016.

The Casualty Practice Council and the P/C Extreme Events Committee sent a letter to members of the U.S. House of Representatives commenting on HR 2901, The Flood Insurance Market Parity and Modernization Act, concerning expansion of the role of private insurers in the flood insurance marketplace.

Life Reserves Work Group (LRWG) submitted comments to the NAIC’s Life Actuarial Task Force (LATF) on currently exposed amendment proposal forms on term and universal life insurance with secondary guarantees.

The Pension Accounting Committee submitted comments to the Financial Accounting Standards Board on its exposure draft on changes to the disclosure requirements for defined benefit plans.

The SVL Interest Rate Modernization Work Group submitted comments to the NAIC's VM-22 Subgroup of the Life Actuarial Task Force (LATF) on questions and answers in response to statutory regulations regarding the determination of statutory valuation interest rates.

The Pension Committee released the exposure draft, Selecting Investment Return Assumptions Based on Anticipated Future Experience. The comment deadline for this exposure draft is June 27, 2016.

Life Reserves Work Group (LRWG) submitted comments to the NAIC’s Life Actuarial Task Force (LATF) on currently exposed amendment proposal forms on net premium reserves.

The Risk Sharing Subcommittee sent a letter to the Centers for Medicare & Medicaid Services (CMS) with comments on its recent discussion paper, HHS-Operated Risk Adjustment Methodology, that addresses partial year enrollment, use of pharmacy data, use of a concurrent versus prospective model, high-risk enrollee pooling, recalibration of the model, and the transfer formula.

The Casualty Practice Council (CPC) submitted comments to the Actuarial Standards Board (ASB) on the second exposure draft of the proposed actuarial standard of practice (ASOP) Property/Casualty Ratemaking.

The latest issue of PBA Perspectives features an update on principle-based reserving (PBR), which has reached a key milestone after more than a decade of development. The issue also contains regulatory, legislative, and Academy activities surrounding the implementation of the principle-based approach (PBA) for life insurance.

The Health Care Receivables Factors Work Group sent its recommendation on credit risk factors for health care receivables to the NAIC’s Health Risk Based Capital (E) Work Group.