Keeping you in the know—the latest news from the Academy
Committee Comments on AI Use in the Financial Services Sector
The Data Science and Analytics Committee commented to the U.S. Department of the Treasury on the Request for Information (RFI) on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector.
Keeping you in the know—the latest news from the Academy
Premium Drivers Infographic Released
Released alongside the annual issue brief, The Individual and Small Group Markets Committee released an infographic, "Drivers of 2025 Health Insurance Premium Changes—Effects on Premiums". The infographic breaks down, in easy-to-understand language, the factors that may drive health insurance premium changes for the 2025 plan year.
The Individual and Small Group Markets Committee released an issue brief, Drivers of 2025 Health Insurance Premium Changes. The brief provides more details on the factors that are likely to drive health insurance premium changes in 2025 for plans operating in the individual and small group markets subject to Affordable Care Act rules.
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.
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:
Expert Panel Discusses Terrorism and Cyber Insurance Modeling and Underwriting Challenges