Academy President Mary D. Miller delivered a professionalism presentation to the Columbus (Ohio) Actuarial Club on Monday. More than 70 actuaries attended the presentation, at which Miller gave an overview of actuarial professionalism, including the Code of Professional Conduct, the Actuarial Board for Counseling and Discipline, and the Academy’s development of a qualification attestation form. (October 05, 2015)
Academy representatives attended actuarial meetings on two continents in late September, visiting China and Romania. At the invitation of the Chinese Actuarial Association (CAA), and the Actuarial Association of Europe (AAE), representatives offered insights into how the U.S. actuarial profession is structured and carries out its professionalism and public policy work. See a full write-up in the September Actuarial Update. (October 05, 2015)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (October 02, 2015)
The C1 Work Group (C1WG) provided comments on the ACLI’S proposal, Life Insurer C-1 Asset Risk-Based Capital Requirement – Real Estate,” which was exposed by the NAIC Investment Risk-Based Capital Working Group. (September 29, 2015)
The Life Illustrations Work Group (LIWG) submitted comments to the Life Insurance and Annuities (A) Committee regarding possible life insurance policy illustration issues that could be reviewed by the proposed Illustration Review (A) Working Group. (September 30, 2015)
The Principle-Based Reserves Strategy Subgroup submitted comments to the Reinsuirance Task Force on the exposure draft, Non-Universal Life and Universal Life With Secondary Guarantees Credit for Reinsurance Model Regulation. (September 30, 2015)
The VM-22 drafting subgroup of the Annuity Reserve Work Group (ARWG) submitted comments to LATF’s VM-22 subgroup on draft sections of VM-22 that cover all non-variable annuities and deposit funds. (September 29, 2015)
The VM-22 drafting subgroup of the Annuity Reserve Work Group (ARWG) submitted comments to LATF’s VM-22 subgroup on draft sections of VM-22 that cover all non-variable annuities and deposit funds. ()
The Active Benefits Subcommittee sent a letter to the IRS regarding Notice 2015-52 on the excise tax for high-cost employer-sponsored health coverage under the Affordable Care Act (ACA). (October 01, 2015)
In this month’s Actuarial Update, read about the Academy’s upcoming forum in Washington that will look at challenges and opportunities regarding retirement and long-term care issues. Also in this issue: the Capitol Steps will highlight the gala dinner at the Academy’s Annual Meeting and Public Policy Forum, as part of our 50th anniversary celebration; the annual Myers and Farley award winners, announced in September, will be presented at the Annual Meeting; Academy representatives visited China and Europe in September; and a Sept. 2 international health care webinar drew global interest. (September 30, 2015)
This professionalism webinar provides both a primer and a refresher course on what the Code means to you as a practicing actuary. During the 90-minute webinar, Council on Professionalism members Kevin Dyke and Karen Smith and Academy Assistant General Counsel Sheila J. Kalkunte discuss the Code’s precepts, what constitutes a violation, and answered questions from participants. (September 21, 2011)
Presenters John Morris, Kenneth Quintilian, and Sheila Kalkunte provide a refresher on the U.S. Qualification Standards and answer questions from the attendees. (March 14, 2012)
The Solvency Committee submitted written testimony for the U.S. House Financial Services Subcommittee on Housing and Insurance's hearing on "The Impact of Domestic Regulatory Standards on the U.S. Insurance Market." (September 29, 2015)
Committee on Qualifications Chairperson Keith Passwater and Academy President Mary D. Miller provided an overview of actuarial professionalism, including the Code of Conduct and the Academy’s development of a U.S. Qualification Standards attestation form, to the Blue Cross Blue Shield Association Actuary Forum in Chicago on Sept. 22. Passwater and Actuarial Board for Counseling and Discipline liaison and staff attorney Brian Jackson presented a similar presentation in Indianapolis on Sept. 21 to the Actuaries Club of Indiana, Kentucky, and Ohio. William Hines, vice president of risk management and financial reporting issues, provided senior actuaries at John Hancock Financial with “A Look at Ethics and Professionalism” on Sept. 18 in Boston. The presentation included an interactive discussion of hypothetical case studies of ethical dilemmas actuaries might face. (September 28, 2015)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (September 25, 2015)
