The Pension Practice Council (PPC) and Pension Finance Task Force (PFTF) submitted letters to Congressional leaders on concerns about proposals to raise revenues by changing private sector pension law to offset unrelated spending increases.
The ORSA Subgroup submitted comments to the NAIC's Risk-Focused Surveillance Working Group on the second exposure draft of ORSA guidance, which will be included in the Financial Analysis Handbook and the Financial Condition Examiners Handbook.
The Casualty Practice Council sent letter to U.S. House leaders on the TRIA Reform Act of 2014 in support of reauthorizing the terrorism risk insurance program and maintaining a government backstop for a peril that is difficult to fully insure in the private market.