Financial Reporting and Solvency Committee Sent a Comment Letter to the NAIC Health Actuarial (B) Task Force on the Revised Instructions for the Health Statement of Actuarial Opinion
The Financial Reporting and Solvency Committee sent a comment letter to the National Association of Insurance Commissioners (NAIC) Health Actuarial (B) Task Force regarding the definition of “actuarial assets” in the revised proposed instructions for the Health Statement of Actuarial Opinion.
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A look at COVID-19’s impacts on the life insurance industry and the near- and longer-term effects on life insurance.
Contingencies, May/June 2021
The May/June Contingencies leans in with a focus on infrastructure. The cover feature story, “Our Nation’s Neglected Infrastructure,” grades the current state of U.S. infrastructure—while some improvement has occurred in recent years, more work remains to be done. And get ready to go vertical in “What’s in Your Airspace?”—the skies are about to get a lot more crowded.
This Week: Save the Date--LHQ Seminar Returning to Nation's Capital; Early Registration Ends Today for Virtual PBR Boot Camp
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.
Health Practice Council Comment Letter on Colorado Insurance Unfair Discrimination Legislation
The Health Practice Council submitted a comment letter on a revised draft of Colorado Senate Bill 21-169, dated April 21, 2021, aimed to protect consumers from unfair discrimination in insurance practices. This letter follows up on previous Health Practice Council comments on the introduced version of the bill, submitted on March 29, 2021, and again focuses on the potential impact to health insurance.
The April Actuarial Update covers the Health Practice Council’s (HPC) virtual “Hill visits” with federal policymakers to discuss key health public policy issues, and this month’s professionalism webinar on Actuarial Standard of Practice No. 1.
Professional judgment is core to an actuary’s work; it comes into play when determining whether an actuary is qualified to take on an assignment, which actuarial standards of practice (ASOPs) to use when performing an assignment, and how to interpret those ASOPs. But the ability to exercise sound professional judgment isn’t magically bestowed when an actuary earns their credential—it is developed over years of training and experience.
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Join the Academy’s Health Equity Work Group (HEWG) for an important discussion of issues involving health disparities facing our country and an update on the work group’s efforts to address those concerns.
