Register now for the April 18 webinar to learn more about requirements related to the ACA provision on rate review and disclosure, specifically the final unified rate review template and actuarial memorandum. A representative from the Center for Consumer Information and Insurance Oversight will be available to answer your questions. (April 16, 2013)
The Casualty Practice Council, represented by Chairperson Mike Angelina, presented an actuarial perspective on insurance for acts of terrorism at the NAIC's Center for Insurance Policy and Research Brunch. (April 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. (April 05, 2013)
Read about issues that affect pension actuaries and the Academy’s work to advance sound pension policy in the latest edition. (April 05, 2013)
Subgroups of the Life Practice Council gave presentations to the NAIC’s Life Actuarial Task Force regarding development of an aggregate margin and mortality studies, submitted reports on nonforfeiture modernization and, synthetic guaranteed investment contracts and proposed amendments to VM-20 regarding policy loans, deterministic reserve and pre-tax investment maintenance reserve. (April 04, 2013)
The Property/Casualty Risk-Based Capital Committee provided a report to the NAIC’s Property/Casualty Risk-Based Capital Working Group on the reinsurance credit risk charge in NAIC Property/Casualty Risk-Based Capital. (March 29, 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. (March 29, 2013)
Read about the Academy’s recent work on PBR implementation, an issue brief on raising the retirement age, webinars, and upcoming events. (March 29, 2013)
The Casualty, Health, Life, and Professionalism Councils sent comments to the NAIC’s Joint Qualified Actuary (A/B/C) Subgroup in response to its request for comments to a list of nine questions in anticipation of the Subgroup’s meeting at the NAIC Spring National Meeting on April 5, 2013. (March 28, 2013)
Join us to learn more about the recently released minimum value (MV) calculator—an important component of the Affordable Care Act (ACA) implementation. The American Academy of Actuaries will hold this free webinar with representatives from the Center for Consumer Information and Insurance Oversight (CCIIO), who will provide a brief demonstration of the calculator and then answer YOUR questions about the MV calculator. (March 28, 2013)
The Separate Account Products Work Group (SAWG) commented on the December 20, 2012 document, “Review of Non-Variable, Insulated Products/Product Characteristics with Proposed Recommendations” that was exposed on January 9 by the NAIC Separate Account Risk (E) Working Group. (March 25, 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. (March 22, 2013)
The Annuity Illustration Work Group submitted comments to the Iowa Insurance Division on its March 18 draft memorandum, Annuity Illustrations; 191 Iowa Administrative Code rules 15.61-.69, based upon the new NAIC Annuity Disclosure Model Regulation. (March 22, 2013)
The newly formed Long-Term Care Terminations Work Group sent a letter to the NAIC announciing the work group's formation and its charge to gather data on terminations in long-term care insurance. (March 15, 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. (March 15, 2013)
