The Casualty Practice Council, Health Practice Council, and Retirement Practice Council sent comments to the Actuarial Standards Board (ASB) on the second exposure draft of Actuarial Standard of Practice (ASOP) No.
Vice presidents of the Academy’s Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Council provided comments to the NAIC’s newly established Risk-Based Capital (RBC) Model Governance (EX) Task Force on the task force’s 2025 goals and proposed charges.
The Retirement Practice Council’s Pension Committee sent a letter to the House Budget Committee asking it to consider modifying the due date of the 2025 Pension Benefit Guaranty Corporation (PBGC) premiums for single-employer pension plans.
An issue brief from the Individual and Small Group Markets Committee, Ensuring Access, Affordability, Choice, and Competition in the Individual Health Insurance Market, provides an overview of how the laws and rules governing the individual health insurance market support the goals of increasing access to coverage, improving affordability, enhancing consumer choice, and encouraging insurer competition. It also discusses how changes to these laws and rules could affect the achievement of these goals.