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 10, 2021)
The Life Illustrations Work Group updated the Life Insurance Illustrations Practice Note to better reflect current practices actuaries are using when complying with ASOP No. 24, Compliance with the NAIC Life Insurance Illustrations Model Regulation, which was revised and adopted in December 2016. (September 08, 2021)
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 03, 2021)
The Medicare Subcommittee released an issue brief on the financing challenges facing the Medicare program based on the 2021 annual review of the Medicare program’s trustees. (September 03, 2021)
The Long-term Care Reform Subcommittee submitted a comment letter to the National Association of Insurance Commissioners (NAIC) Long-Term Care Insurance Reduced Benefit Options (EX) Subgroup regarding the July 22, 2021 exposure draft, Issues Related to LTC Wellness Benefits. (September 03, 2021)
The Academy’s Securing Social Security Essential Elements provides updated figures and information on the financial outlook of Social Security following the release of the 2021 Social Security Trustees report. Essential Elements is a series designed to make actuarial analyses of public policy issues clearer to general audiences. Read the news release. (September 02, 2021)
The Academy’s Medicare’s Long-Term Sustainability Challenge Essential Elements provides updated figures and information on the financial outlook of Medicare following the release of the 2021 Medicare Trustees report. Essential Elements is a series designed to make actuarial analyses of public policy issues clearer to general audiences. Read the news release. (September 02, 2021)
The Individual and Small Group Markets Committee released an issue brief laying out the factors underlying premium rate setting and highlighting the major components driving premium changes in 2022. Read the news release. (September 02, 2021)
The September/October issue of Contingencies includes feature stories about transitions. “Realigning Long-Term Care Insurance” looks at why it makes sense to position LTCI within the health care continuum. “A Robot That Can Change Your Mind” covers how persuasive chatbots might be used in insurance. Plus, a President’s Message from Academy President Tom Campbell on teaming up with the Academy, a Tradecraft selection on applying predictive analytics, and an Up to Code article on the Code of Professional Conduct. (September 01, 2021)
The August Actuarial Update looks ahead to the Academy’s Annual Meeting and Public Policy Forum, to be held in November. The event will be hybrid, with in-person and virtual options. Also in the issue: The Academy’s annual service award recipients; a professionalism webinar looked at proposed updates to the U.S. Qualification Standards; a new cyber risk toolkit covers the Academy’s resources in that area, which were also discussed in a late-August webinar; the Academy welcomed almost 300 new members in the first half of 2021; and the “Professionalism Counts” column discusses qualification standards. (August 31, 2021)
The Summer HealthCheck covers recent developments and discussion briefs by the Health Equity Work Group, including its recent webinar on health equity topics. Also in the issue, Health Practice Council committees sent a letter to federal agencies on the No Surprises Act and to the Centers for Medicare & Medicaid Services payment parameters; the Long-Term Care (LTC) Reform Subcommittee released an issue brief on LTC financing reform; and recent state and federal legislative activity. (August 30, 2021)
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. (August 27, 2021)
Registration is now open for the Academy’s 2021 Annual Meeting and Public Policy Forum, which will be held on Nov. 4-5 in Washington, D.C. Join us to get a fresh perspective on top public policy and professionalism topics while having the opportunity to earn CE. (August 26, 2021)
The American Academy of Actuaries’ Cyber Risk Toolkit, developed by the Academy’s Cyber Risk Task Force, is comprised of a series of papers addressing issues pertinent to cyber risk insurance and cyber exposure. This toolkit is intended to be a resource for interested readers of the general public, public policymakers, the actuarial profession, the insurance sector, and other stakeholders. Cyber risk issues have been in the news regularly recently, and those using the toolkit can benefit from the perspectives offered in the papers. (August 25, 2021)
The Cyber Risk Task Force released a collection of publications combined together in the Cyber Risk Toolkit. The toolkit is intended to be a resource for interested readers of the general public, public policymakers, the actuarial profession, the insurance sector, and other stakeholders. The toolkit is comprised of an Introduction to Cyber, Cyber Threat Landscape, Silent Cyber, an Introduction to Cyber Data, Cyber Risk Accumulation, Cyber Risk Reinsurance Issues, and Ransomware. The toolkit may be updated periodically to reflect new and emerging work from the task force. (August 25, 2021)
