The Annuity Illustration Work Group submitted a comment letter to the NAIC Annuity Disclosure (A) Working Group on proposed changes to the Annuity Disclosure Model Regulation #245.
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Learn about the key life insurance issues that were discussed at the NAIC Spring 2019 National Meeting.
The Medicare Subcommittee has released a new issue brief, Medicare’s Financial Condition: Beyond Actuarial Balance. The brief highlights the findings of the annual report to Congress by the Boards of Trustees of the Federal Hospital Insurance (HI) and Supplementary Medical Insurance (SMI) trust funds on Medicare’s financial condition.
The spring Life Perspectives includes a Q&A with Principle-Based Reserves (PBR) Review Procedures Work Group Chairperson Randall Stevenson about an exposure draft of a new PBR-related practice note; the Academy’s life presentations at the NAIC 2019 Spring National Meeting; coverage of the PBR Boot Camp; and recent state and federal legislative, judicial, and regulatory activity.
The Life Practice Council sent a letter to the Life Actuarial (A) Task Force addressing concerns that the NAIC is moving in a direction that would deviate from a principle-based approach for life insurance.
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.
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