Work Group Submits Comment Letter to NAIC on Questions Regarding Illustrations of IUL Products under AG 49
The Life Illustrations Work Group submitted a comment letter to the NAIC in response to questions on illustrations of Indexed Universal Life products under Actuarial Guideline 49.
Work Group Submits Comment Letter to NAIC on Illustrations for IUL Products under AG 49
The Life Illustrations Work Group sent a comment letter to the NAIC IUL Illustration (A) Subgroup regarding the illustrations of Indexed Universal Life products under Actuarial Guideline 49.
Committee Publishes Issue Brief on the Drivers of 2020 Health Insurance Premium Changes
The Individual and Small Group Markets Committee published an issue brief outlining the major drivers behind why 2020 premiums could differ from those in 2019. The brief focuses primarily on the individual market, yet many of the factors discussed are also relevant to the small group market. Read the news release.
Academy Committees Present on Options to Expand Public Health Insurance Coverage
The Individual and Small Groups Committee, the Medicaid Subcommittee, and the Medicare Subcommittee gave a joint presentation at the SOA Health Meeting that reviewed the proliferation of proposals to expand access to public health insurance plans, either to strengthen insurance markets under the Affordable Care Act (ACA), or to replace ACA marketplaces or other health insurance programs altogether.
Committee Presents on ACA Legislative and Regulatory Activities
The Individual and Small Groups Market Committee gave a presentation at the SOA Health Meeting providing an overview of the challenges that the Affordable Care Act (ACA) has faced since its enactment in 2010, and looking forward to where it’s headed in the future. Panelists discussed current ACA legislative and regulatory activities, as well as ongoing ACA litigation.
The Summer Casualty Quarterly includes a Q&A with Automobile Insurance Committee Chairperson Roosevelt Mosley on the timely topic of distracted driving. Also covered: the P/C Extreme Events and Property Lines Committee’s new wildfire issue paper; Academy representatives presented at the NAIC Insurance Summit in June; the Academy urged the NAIC to reconsider its definition for “qualified actuary”; and recent state and federal legislative and regulatory activity.
The Summer StateScan Quarterly highlights recent state legislation and regulation so far this year, as many legislatures are ending or beginning to wrap their 2019 sessions. For a more comprehensive look at state legislative and regulatory activity, log in to the StateScan portal, free for Academy members.