The Academy released a new Essential Elements, What Drives the Growing Cost of Health Care?, as part of its series designed to make actuarial analyses of public policy issues more accessible. Visit the Essential Elements webpage. (May 28, 2014)

The Social Security Committee released an issue brief that analyzes Social Security design changes to create a defined contribution system within the program for workers to accumulate contributions in individual accounts to fund their retirement income. (May 27, 2014)

The C-3 Work Group made a recommendation to NAIC’s Life-Based Capital Working Group on an approach for updating regulatory risk-based capital requirements for interest rate risk for fixed annuities and single premium life insurance. (May 27, 2014)

The Life Illustrations Work Group submitted a comment letter to the Life Actuarial Task Force on the ACLI proposal for an Actuarial Guideline for Indexed Universal Life Illustrations. ()

Join this interactive webinar on current disclosure requirements applicable to actuaries under ASOP No. 41: Actuarial Communications. Panelists will discuss the broad application of ASOP No. 41 in various practice areas. Audience members will have a chance to explore issues and implications of ASOP No. 41 on a number of subjects, including basic requirements for actuarial communications, required disclosures, dealing with specific circumstances, and deviations from ASOP guidance. (May 22, 2014)

The ORSA Subgroup submitted comments to the NAIC's Risk-Focused Surveillance Working Group on draft ORSA guidance that will be included in the Financial Analysis Handbook and the Financial Condition Examiners Handbook. (May 16, 2014)

The Life Practice Council sent a comment letter to the Life Actuarial Task Force on the ACLI’s proposed small company exemption to VM-20. (May 15, 2014)

The Health Practice Council released a new issue brief providing an overview of the factors underlying general premium rate setting and highlighting the major drivers behind why 2015 premiums could differ from those in 2014 under the Affordable Care Act (ACA). Click here to read the news release. (June 04, 2014)

The P/C Risk-Based Capital Committee submitted comments to the National Association of Insurance Commissioners on the Reinsurance Association of America's updated proposal on credit risk factors. (May 12, 2014)

The AG 43/C-3 Phase II Work Group sent a comment letter to the NAIC on ACLI proposals for modification of reserve and capital requirements for contingent deferred annuities. (May 08, 2014)

The Separate Account Products Work Group made additional comments on the Potential Actions/Recommendations (Document 2) exposed for comment in November 2013 by the NAIC Separate Account Risk (E) Working Group.  (May 05, 2014)