Former Senator Christopher J. Dodd, principal sponsor of the Dodd-Frank financial reform law, will deliver the keynote address at the Academy’s Annual Meeting and Public Policy Forum on Nov. 3. Also new to the agenda, renowned political satire troupe the Capitol Steps will provide a just-in-time, irreverent musical take on the candidates and the political season as the entertainment for the Nov. 3 dinner at the Capital Hilton. (June 24, 2016)
The Pension Committee submitted a comment letter to the Pension Benefit Guarantee Corporation (PBGC) expressing appreciation for proposed regulations providing a reduction or partial waiver of the penalty due upon the late payment of premiums to the single employer and multiemployer insurance programs. (June 22, 2016)
The Joint American Academy of Actuaries Life Experience Committee and Society of Actuaries Preferred Mortality Oversight Group provided an update on guaranteed issue and preneed mortality to the Life Actuarial Task Force. (June 16, 2016)
The Role of the Actuary Subgroup submitted comments to the NAIC's Life Actuarial Task Force (LATF) on Section 4 of the Valuation Manual-G. (June 10, 2016)
The Pension Committee submitted a comment letter to the IRS and Treasury requesting that the 2017 Applicable Mortality Tables be issued as soon as possible. (June 10, 2016)
The June issue of HealthCheck covers the Academy’s issue brief on long-term care insurance and a court ruling on cost-sharing programs under the Affordable Care Act (ACA), and notes the Department of Health and Human Services’ June 9 forum on private health insurance in the ACA marketplace. (June 08, 2016)
The Intersector Group released the notes of its March 2016 meeting with the Pension Benefit Guaranty Corporation. (June 07, 2016)
The Intersector Group released the notes of its March 2016 meeting with the Treasury Department and Internal Revenue Service (June 07, 2016)
The Solvency Committee submitted comments to the NAIC's Operational Risk (E) Subgroup on its "Operational Risk 2016 Factors" exposure document. (June 06, 2016)
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. (June 03, 2016)
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. (June 02, 2016)