Read about a new lunchtime webinar series, two webinars on health practice notes, a report on ACA health insurance exchanges, new CMS and Treasury proposed rules, and Academy experts in the news. (October 09, 2013)
The North American Actuarial Council's (NAAC) Collaborative Research Group has issued a Request for Proposals (RFP) relating to the effect of changing health expectancy on insurance organizations and governmental programs in North America in terms of products, risks, and stakeholders. Proposals must be received by November 15. For more information, please see the RFP. (October 09, 2013)
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 04, 2013)
The State Long-Term Care Task Force made a presentation to the Southeastern Regulators Association Conference on actuarial implications for long-term care insurance. (October 04, 2013)
Senior Life Fellow Nancy Bennett gave a presentation to the Southeastern Regulators Association Conference on principle-based reserving for life insurance products. (October 03, 2013)
The AG 43/C-3 Phase II Work Group sent a comment letter to the NAIC C-3 Phase II/AG 43 (E/A) Subgroup regarding a recent amendment with modifications to current total return gross wealth ratios for Actuarial Guideline 43. (September 30, 2013)
The Pension Committee submitted comments to the Employee Benefits Security Administration (EBSA) regarding the disclosure of material events on the Annual Funding Notice (AFN) for defined benefit plans. (October 03, 2013)
Pension Committee sent a letter to the Pension Benefit Guaranty Corporation (PBGC) that supports the proposed regulations on premium rates, payment of premiums, and reducing regulatory burdens. (October 02, 2013)
Check out our new lunchtime webinar series—the Academy Capitol Forum—starting this month. This webinar series is an opportunity for you to learn about a wide variety of public policy topics from the policy experts themselves. Webinars will feature topics in health care, risk management, financial reporting, pensions and retirement income, property/casualty, and life insurance. The first webinar in this series will feature Gregory Martin, the Deputy Director of Stakeholder Engagement at the Patient Centered Outcomes Research Institute (PCORI). Join us on Oct. 16 to explore what PCORI is and does—and how you can be involved! (October 08, 2013)
Read about the Academy's letter to the NAIC on commonalities in mission and goals; regular director election results; Freakonomics at the Annual Meeting; Actuarial Standards of Practice and their development process; Academy perspectives on TRIA; coverage of Casualty Loss Reserve and Life PBR seminars and multiple webinars. (September 30, 2013)
The Enterprise Risk Management Committee submitted comments to the Financial Stability Board on its paper to create an effective risk appetite framework. (September 30, 2013)
The Pension Committee submitted comments to the Actuarial Standards Board on its recent modeling ASOP exposure draft that included concerns that the potential ASOP could be applied too broadly. (September 27, 2013)
Join us for a discussion of the Exhibit 3A instructions, which are new for the 2013 NAIC Health Annual Statement. Presenters will provide an overview of the health care receivables, discuss the purpose of the new exhibit, and share examples with cross references to Exhibit 3 and Underwriting & Investment Exhibit Part 2B. (September 30, 2013)
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 27, 2013)
The Academy sent a letter to the National Association of Insurance Commissioners describing the many ways its mission aligns with regulators and their goals. The letter was sent in response to a request for comments to a discussion draft paper of the Joint Qualified Actuary (A/B/C) subgroup. As the home for actuarial professionalism, the Academy has long worked to serve both the public and the U.S. actuarial profession, describing this mission as “intended to support the objective of regulators to protect and assist the public.” (September 27, 2013)
