Read Nominating Committee Chairperson Ken Hohman’s message to Academy members with comprehensive election news about the candidates for three Regular Director positions on the Academy’s Board of Directors. This is the second year that Academy members will be casting their votes in an online election and the first year of a competitive election for one of those three Regular Director positions. (June 22, 2012)
The Academy's Life Invested Asset Work Group submitted a comment letter to the NAIC Valuation of Securities Task Force related to modification of the methodology for assigning classifications to investments and changing how classification decisions are implemented. (June 20, 2012)
The Academy's Life Financial Soundness/Risk Management Committee submitted an amendment proposal form to the NAIC Life Actuarial Task Force outlining a simplified approach for determining a prudent estimate mortality assumption for VM-20. (June 18, 2012)
The American Academy of Actuaries issued a statement regarding a Society of Actuaries’ (SOA) report: Proposed Pension Funding Stabilization: How Does it Affect the Single-Employer Defined Benefit System? Read the news release. (June 19, 2012)
Academy President Dave Sandberg asked members to take the 2012 Academy Volunteer Survey which is available now in the members-only section. (June 01, 2012)
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. (June 15, 2012)
Academy Senior Pension Fellow Don Fuerst testified before the ERISA Advisory Council June 12 on issues related to retirement security and the risk of long-term disability. (June 12, 2012)
The Academy’s Medicaid Work Group submitted comments to CMS on a proposed rule regarding payments for Medicaid primary care services. The letter addresses issues relating to actuarial soundness as they pertain to changes in the Medicaid program. (June 12, 2012)
The Long-Term Care Practice Note work group has extended to July 8 the exposure period for the rate stability practice note, Long-Term Care Compliance with the National Association of Insurance Commissioners Long-Term Care Insurance Model Regulation Relating to Rate Stability. (June 12, 2012)
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. (June 08, 2012)
The Long-Term Care Practice Note Work Group has extended to July 8 the exposure period for the LTC rate stability practice note, "Long-Term Compliance with the National Association of Insurance Commissioners Long-Term Care Insurance Model Regulation Relating to Rate Stability." ()
The Academy’s Health Practice Council Communications Task Force updated its recent Campaign 2012 voters’ guide, Making Health Care Reform Work: Why Broad Participation is Necessary. The guide is intended to assist voters to understand why broad participation is necessary in the health insurance system to avoid higher premiums. (June 28, 2012)