The Telehealth Work Group has released a new issue brief exploring the perspectives of the patients and providers, while also analyzing the financial, legal and regulatory aspects associated with telehealth. (September 25, 2019)
The P/C Extreme Events and Property Lines Committee has released an updated monograph on the National Flood Insurance Program. Building on the 2017 document prepared by the Flood Insurance Work Group, the paper includes data from the 2017 and 2018 hurricane seasons. (September 25, 2019)
The Life Experience Committee sent a report to the NAIC Life Actuarial (A) Task Force outlining the 2019 individual life insurance mortality improvement recommendation for use with AG 38 and VM-20. (September 24, 2019)
The Life Capital Adequacy Committee sent a comment letter to the NAIC Life Risk-Based Capital Working Group on the requirements for long-horizon equity investments exposure. (September 20, 2019)
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 20, 2019)
The Pension Practice Council released an issue brief, Pension Plan Maturity—Why Big Plans Mean Big Risk, that reviews measures of plan maturity, examines the resulting challenges, addresses potential strategies to ensure benefit security, and provides a framework to mitigate the risks associated with a mature plan. (September 20, 2019)
The Academy’s Committee on Property and Liability Financial Reporting (COPLFR) sent a comment letter to the NAIC’s Casualty Actuarial and Statistical Task Force Actuarial Opinion Working Group (AOWG) on the Regulatory Guidance on Property and Casualty Statutory Statements of Actuarial Opinion, Actuarial Opinion Summaries, and Actuarial Reports for the Year 2019, which was issued on Aug. 30. COPLFR also sent a second comment letter to the AOWG on the Sept. 17 revision of the guidance document. (September 19, 2019)
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 13, 2019)
Jason Kehrberg, chairperson of the YRT Field Test Project Oversight Group, provided an update on Sept. 12 NAIC Life Actuarial (A) Task force call. (September 12, 2019)
The Lifetime Income Risk Joint Committee sent a letter to the Employee Benefits Security Administration providing comments on the ERISA Advisory Council Report. (September 11, 2019)
The September HealthCheck covers the Health Practice Council’s issue brief on surprise medical bills and possible approaches to address the issue. Also, members of the Long-Term Care (LTC) Reform Subcommittee submitted comments on LTC insurance; the LTC Valuation Work Group gave an update to the NAIC’s LTC Actuarial Working Group; and recent legislative and regulatory activity. (September 11, 2019)
The Health Practice Council released an issue brief, Surprise Medical Bills: An Overview of the Problem and Approaches to Address It, providing an overview of the surprise-billing problem and insights on approaches how to address it. Read the news release. (September 10, 2019)
In the September/October issue of Contingencies, the cover story, “Bugging Out,” explores the tug-of-war between antibiotics and pathogens. Click through for a hard-hitting feature on the costs and potential paths forward on drug-resistant “superbugs.” Other features include “Lead and Succeed”—advice for first-time personnel managers ... even veteran leaders may find some new wisdom worth applying; and “Calculating Despair,” on the costs—financial and societal—of drug abuse, alcoholism, and suicide. Plus, Shawna Ackerman’s President’s Message on qualifications; the ABCD goes to the movies; and a look back at the first great U.S. financial panic, 200 years later. (September 01, 2019)
The Longevity Risk Task Force submitted a comment letter to the NAIC Longevity Risk (A/E) Subgroup providing additional assumption sensitivities to the proposed longevity C-2 risk factors. (September 10, 2019)
The Pension Committee, Multiemployer Plans Committee, and Public Plans Committee submitted comments to the Actuarial Standards Board regarding exposure drafts of Actuarial Standard of Practice Nos. 27 and 35. (September 09, 2019)
