Academy Casualty Policy Analyst Rob Fischer provided an update on the Casualty Practice Council (CPC) activities of interest to NAIC’s Casualty Actuarial (C) Task Force, including an update on recent publications, and anticipated releases from other CPC workstreams of interest to the NAIC.
Hear an update on the NAIC Generator of Economic Scenarios (GOES) Project, the NAIC's transition from the Academy's Interest Rate Generator (AIRG) to a new economic scenario generator. Speakers shared the latest on the project, now in its fourth year, and discussed some of the remaining decision points and challenges the project faces.
Detailed discussion topics include:
Health insurers have submitted proposed premiums for 2025. When developing those rates, they considered a range of factors that could cause premiums for the next year to differ from this year’s. In this virtual briefing, members of the Individual and Small Group Markets Committee of the American Academy of Actuaries’ Health Practice Council highlighted these factors and discussed their potential effects on premiums.
Factors explored include:
The Academy's Individual and Small Group Markets Committee submitted comments on the proposed rules, and the draft AV calculator. During this webinar, attendees will hear an overview of the Academy's comments, whether and how they were incorporated into the final rule, and key components of the final rule.
Speakers covered the following topics:
They gained insights into the recently released annual Social Security Trustees Report, which featured prominent actuaries who oversee the program. They provided a deep dive into the assumptions and how recent developments like updated data on inflation and output are reflected in their projections. The chairperson of the Academy’s Social Security Committee facilitated the discussion and provided a summary of the trustees’ findings.
