The Financial Regulatory Task Force submitted comments to the U.S. House of Representatives on S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act. (May 20, 2018)
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. (May 17, 2018)
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. (May 10, 2018)
Past Academy President Mary D. Miller submitted a letter from the Academy to the NAIC responding to an exposure draft that the Casualty Actuarial and Statistical Task Force has issued containing potential changes to the P/C Statement of Actuarial Opinion Instructions to address the CASTF’s “Attestation” charge. (May 10, 2018)
The AG43/C3P2 Work Group submitted a follow-up comment letter to the NAIC Variable Annuity Issues Working Group on previously submitted recommendations to the working group. (May 10, 2018)
The May HealthCheck reports on the April teleconference held by members of the Individual and Small Group Markets Committee and the Employee Benefits Committee with the Congressional Budget Office to discuss group health insurance pricing. Also covered, several actions by the Centers for Medicare & Medicaid Services; the federal government’s notice of appeal of a court ruling related to the Health Insurance Providers Fee; and other legislative, judicial, and regulatory updates. (May 09, 2018)
The Tax Work Group published a paper on frequently asked questions about life insurance tax reserve methods and assumptions. (May 08, 2018)
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. (May 03, 2018)
The Social Security Committee released an issue brief that examines automatic adjustment options to address Social Security's financial challenges. (May 03, 2018)
The Multiemployer Plans Committee released an issue brief that discusses the costs and risks associated with multiemployer loan programs, and the ways in which these programs could benefit troubled plans and their participants. (May 03, 2018)
In the May/June issue of Contingencies, the cover story, “Life After the Bull Market,” explores what might happen when the roaring market for U.S. equities, currently in its ninth year, comes to an end. Other features include “The Long Run,” which looks at how the pension world has begun to respond to the Multiemployer Pension Reform Act of 2014, and “Too Big to Curtail?” which looks at two of today’s most popular investment vehicles and what might happen when these trendy asset classes fall out of favor. Also in this issue: an “International Corner” piece on the health care systems and outcomes of Asian and Pacific nations; a commentary column on ethical and professional dilemmas and how to reconcile them; and how to stay current with new and revised actuarial standards of practice. (May 01, 2018)
The Life Illustrations Work Group submitted a comment letter to the NAIC Life Insurance Illustration Issues Working Group on draft changes to Model #582. (April 29, 2018)
The Academy’s president, Steve Alpert, and immediate past president, Bob Beuerlein, led April’s professionalism outreach efforts, sharing their insight with hundreds of actuarial science students about professionalism and the profession. (Actuarial Update, April 2018) (April 29, 2018)
Wondering about the differences between the continuing education requirements of the U.S. Qualification Standards (USQS) and the continuing professional development requirements of other actuarial organizations? It is important for actuaries to understand the difference, and the Academy has created useful tools to help actuaries document their compliance with the USQS. (Actuarial Update, April 2018) (April 29, 2018)
The April Actuarial Update covers the nomination of D. Joeff Williams, vice president of professionalism, to be the Academy’s next president-elect. Also in this issue: political analyst Charlie Cook will be a keynote speaker at the Academy’s Annual Meeting and Public Policy Forum in November; nominations are open for the Academy’s annual service awards; the Academy hosted a lifetime income briefing on Capitol Hill and testified before Congress on multiemployer pension plans; coverage of the Enrolled Actuaries Meeting; and the “Professionalism Counts” column looks at the differences between continuing education and continuing professional development requirements. (April 30, 2018)
