Academy President Mary Frances Miller has sent two letters to correct misstatements made about the Academy and the actuarial profession by third parties. In a letter to the National Association of Insurance Commissioners Life Actuarial Task Force, Miller defined the Academy's work in representing the U.S. actuarial profession on public policy issues and outlined the Academy's policies and procedures that help to maintain the objectivity of its work. In a second letter to the U.S. Treasury Department, Miller reinforced the value that actuaries could bring to the Federal Advisory Committee on Insurance and the actuarial profession's commitment to high professional standards. (August 31, 2011)
The Academy's first-ever online election for open regular director positions on the board of directors launched Aug. 3. The election also includes votes on two bylaws amendments—one implementing the profession-wide changes to the discipline process and another that shortens the term of the presidential office by one year by removing the position of penultimate past president from the Academy board of directors. Members will receive an email in the name of the Academy from a mailbox at "directvote.net." The email will have instructions on how to log in to the secure election website and vote. The election will be open until Sept. 2, 2011. For more information on the election, visit the Academy Election Center. (August 31, 2011)
