Life Vice President Laura Hanson gave an update of the Life Practice Council activity to NAIC’s Life Actuarial (A) Task Force.
(August 12, 2021)Academy Health Practice Council Vice President Al Schmitz, and Long-Term Care/Disability Committee Chairperson Bruce Stahl, April 28, 2021, presentation to the Columbus Actuarial Club on “Long-Term Care Insurance: Public Policy Update.”
(April 28, 2021)David Traugott, Chairperson of the Academy's Property and Casualty Risk Based Capital (P/C RBC) Committee, presented an update on P/C RBC underwriting factors experience to the NAIC's P/C RBC (E) Work Group.
(April 27, 2021)The Life Practice Council's update to the Life Actuarial (A) Task Force at the National Association of Insurance Commissioners 2021 Virtual Spring National Meeting.
(April 08, 2021)Senior Casualty Fellow Rich Gibson presented at the Midwest Actuarial Forum’s Virtual Spring Meeting Webinar, giving an overview of recent property/casualty public policy developments.
(March 05, 2021)Academy Senior Health Fellow Cori Uccello presentation from “Medicare Solvency Projections and Potential Policy Solutions” webinar sponsored by the Alliance for Health Policy. Presentation provides basic program information, covering Hospital Insurance (HI) and Supplementary Medical Insurance (SMI), the projected depletion of the HI trust fund, and also notes that Medicare’s sustainability challenges go beyond solvency.
(February 25, 2021)Presentation made to the National Association of Insurance Commissioners Casualty Actuarial and Statistical (C) Task Force at a webinar as part of its “Book Club” series to facilitate regulator training and the sharing of expertise on predictive analytics on the topic of Race and Insurance. Academy presenters were: Dorothy Andrews, chairperson of the Data Science and Analytics Committee (DSAC), Roosevelt Mosley, DSAC member and member of the Casualty Practice Council (CPC) Racial Equity Task Force, and Lauren Cavanaugh CPC vice president.
(February 23, 2021)ERM/ORSA Climate Related Financial Disclosures (CRFD) Work Group update to the NAIC Climate Risk and Resiliency (EX) Task Force on the Climate Risk Disclosures Survey Analysis project.
(January 27, 2021)Mary Bahna-Nolan gave a presentation to the National Council of Insurance Legislators' Special Committee on Race and Insurance Underwriting along with members of the Casualty Practice Council and Risk Management and Financial Reporting Council.
(December 09, 2020)ERM/ORSA Climate Related Financial Disclosures Work Group presentation to the National Association of Insurance Commissioners (NAIC) Climate and Resiliency (EX) Task Force.
(December 04, 2020)On December 2, 2020, Cori Uccello, the Academy’s Senior Health Fellow, presented on behalf of the Academy’s Health Equity Work Group (HEWG) at the National Association of Insurance Commissioners’ (NAIC’s) Special (EX) Committee on Race and Insurance, Workstream #5 meeting. Written comments by HEWG chairperson Annette James were also submitted to the special committee highlighting the HEWG’s efforts to facilitate solutions to address health disparities.
(December 04, 2020)The Life Practice Council's update to the Life Actuarial (A) Task Force at the NAIC 2020 Fall National Meeting.
(December 03, 2020)Academy Casualty Vice President Lauren Cavanaugh addressed the NAIC’s Special Committee on Race and Insurance, speaking to her prepared comments previously submitted, which covered actuarial guidance, disparate impact, and data quality. She recommended consideration of independent organizations to examine and certify third-party data for hidden biases, accuracy, and relevance. She also described for commissioners and regulators several actuarial standards of practice (ASOPs) relevant to actuarial practice in areas being looked at by the special committee.
(November 13, 2020)The Academy’s Casualty Practice Council (CPC) and Committee on Property and Liability Financial Reporting (COPLFR) presented an update on CPC and COPLFR activity to the NAIC’s Casualty Actuarial and Statistical Task Force (CASTF), including pandemic risk insurance, workers’ compensation, automobile insurance, and cyber risk, and gave a preview of December’s Seminar on Effective P/C Loss Reserve Opinions.
(November 10, 2020)The Academy's Annuity Reserves Work Group (ARWG) presentation on the Preliminary Framework Elements for Fixed Annuity PBR to the NAIC's Valuation Manual (VM)-22 (A) Subgroup.
(October 21, 2020)C-2 Mortality Work Group update to the NAIC's Life Risk-Based Capital (E) Working Group reviewing the C-2 overall approach and current risk-based capital (RBC) factors.
(September 11, 2020)The Long-Term Care (LTC) Valuation Work Group gave a presentation to the National Association of Insurance Commissioners’ (NAIC’s) LTC Actuarial (B) Working Group on the work group’s progress on the NAIC’s requests that the work group develop a replacement mortality table for LTC active life reserves, develop a replacement lapse table, and consider developing tables for valuation on total lives basis as well as active lives basis.
(August 25, 2020)The Academy C-3 Life and Annuities Work Group (C-3 WG) has a request from the NAIC Life Risk-Based Capital (E) Working Group (LRBC) to “Update the current C-3 Phase I or C-3 Phase II methodology to include Indexed Annuities.”
(August 21, 2020)Presentation by Steve Jackson on Scalars Project Update to the National Association of Insurance Commissioners (NAIC) International Insurance Relations (G) Committee.
(August 12, 2020)PBR Governance Update to the Life Actuarial (A) Task Force at the NAIC 2020 Summer National Meeting
(August 04, 2020)Life Experience Committee Life Mortality Improvement Subgroup presentation to the Life Actuarial (A) Task Force at the NAIC 2020 Summer National Meeting.
(August 04, 2020)Life Underwriting and Risk Classification Work Group presentation to the NAIC Accelerated Underwriting (A) Working Group.
(June 18, 2020)Annuity Reserves Work Group Summer 2020 presentation to the NAIC VM-22 Subgroup on the preliminary framework elements for Fixed Annuity PBR.
(June 11, 2020)Annuity Reserve Work Group (ARWG) presentation to the NAIC VM-22 (A) Subgroup on the development of their preliminary framework for fixed annuity PBR.
(May 20, 2020)Academy senior casualty fellow Rich Gibson presented an update on the Actuaries Climate Index and the Actuaries Climate Risk Index at the Casualty Actuarial Society's spring national meeting.
(May 12, 2020)C-2 Work Group update to the Life Risk-Based Capital (E) Working Group at the NAIC 2019 Fall National Meeting.
(December 07, 2019)Presentation on Wildfires: Lessons Learned, to the NAIC’s P/C RBC Committee’s Catastrophe Risk Subgroup.
(December 06, 2019)Life Experience Committee presentation on the introduction to the Valuation Basic Table analysis process to Life Actuarial (A) Task Force at the NAIC 2019 Fall National Meeting.
(December 06, 2019)PBR Governance Work Group update at the NAIC 2019 Fall National Meeting.
(December 05, 2019)Life Reserves Work Group presentation on PBR treatment for individually underwritten group insurance.
(December 05, 2019)