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RECENT ACADEMY ACTIVITY | | |
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Only have a minute? Catch up on the week’s top public policy stories with the latest “This Week … In a Minute” video. Subscribe to our YouTube channel to receive videos as they are released. | |
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Academy Closed Monday for Presidents’ Day |
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The Academy will be closed Monday, Feb. 16, for the Presidents’ Day federal holiday. | | | |
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Beginning with this issue, we are experimenting with a new way of presenting This Week, which will focus on a core area of Academy work—membership, professionalism, or public policy—along with the Event Calendar and other timely news of interest. This issue focuses on public policy. | | | |
This Week—A Focus on Public Policy NAIC President Scott White to Speak at Spring Policy Summit |
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Virginia Insurance Commissioner and 2026 NAIC President Scott White will speak in a “Fireside Chat: The State Regulatory Perspective” session with Academy President Tricia Matson at the Academy’s March 9 Spring Policy Summit in Washington, D.C. | | | |
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White’s leadership roles at the NAIC include chairing the Financial Condition (E) Committee, Long-Term Care Insurance (EX) Task Force, and the Southeast Zone. He is a member of the International Association of Insurance Supervisors’ Executive Committee, Macroprudential Committee, and Insurance Capital Standard Task Force. His engagement with the Academy includes the two-part Contingencies series last year, where he shared his perspectives on how actuaries can improve the public policy process and how his department leverages the expertise and talents of actuaries across practice areas every day.
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The summit program will include up to six hours of continuing education (CE) across several panels on legislative, agency, and consumer and industry priorities. Those will be followed by an actuarial professionalism panel moderated by Immediate Past President Darrell Knapp, with panelists Past President Lisa Slotznick talking about the Committee on Qualifications, Actuarial Board for Counseling and Discipline member Tim Geddes on the profession’s discipline process, and Actuarial Standards Board (ASB) member Dave Heppen on the ASB and its standard-setting process. See the full agenda. | | |
Academy Hill Visits Set for March 10 |
The policy summit will be held in conjunction with the Academy’s annual “Hill visits,” where Academy volunteer leaders will meet with congressional staff on Capitol Hill to discuss critical issues and how the actuarial perspective can be used to help address them. The visits, which will take place on March 10, will offer attendees insights into Congress’ 2026 priorities and offer opportunities for the Academy to consider future work and events to help policymakers as they evaluate various proposals and solutions to issues of shared interest. Volunteers will represent all practice areas: casualty, health, life, retirement, and risk management & financial reporting. Health Issue Brief—Beyond Financial Return on Investment | | | |
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The Health Equity Committee released an issue brief, Beyond Financial Return on Investment, summarizing feedback from nonactuaries on alternative metrics to traditional financial return on investment (ROI) calculations, as well as expanded evaluation considerations. This is the second issue brief in the Broadening the Focus series—the first addressed general perspectives on ROI.
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Webinar Covers PBGC Dispute Resolution |
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Tuesday’s retirement webinar, Navigating PBGC Disputes: Insights from the Plan Sponsor Advocate, featured insights into how the Pension Benefit Guaranty Corporation’s (PBGC) Office of the Participant and Plan Sponsor Advocate helps resolve disputes. Anne Henderson and Emily Spreiser from PBGC’s Office of the Advocate presented, and Pension Committee Chairperson Grace Lattyak moderated. Watch a replay on Academy Learning. | | | |
- The Risk Management and Financial Reporting Council, Casualty Practice Council, and Research Committee submitted a joint comment letter to the National Science Foundation urging reconsideration of the plan to dismantle the National Center for Atmospheric Research, which houses public datasets and climate-modeling resources that are essential to assessing climate-related risks and protecting consumers and communities.
Resource Center—Visit the Academy Resources webpage to stay on top of the latest Academy news and activity. | | | |
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DSAC Member & SANA Co-Founder Shruti Gupta Presents Academy Paper in Philadelphia | | | |
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Data Science and Analytics Committee (DSAC) member Shruti Gupta, who is also a co-founder and past president of the South Asian Network of Actuaries (SANA), presented a session on the DSAC policy paper, A Foundational Study of Algorithmic Bias, at Wednesday’s meeting of the Actuaries Club of Philadelphia.
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Retirement Report—Social Security Challenge Updated The Winter Retirement Report covers updates to the Academy’s Social Security Challenge, reflecting projections from the Social Security Administration’s 2025 Trustees Report and a mid-January addendum. Also in the issue, a “VP Corner” with Retirement Vice President Bruce Cadenhead on the Retirement Practice Council’s 2026 priorities. |
Academy in the News - Casualty Vice President Susan Kent provided an actuarial public policy perspective to National Mortgage News for a story on a proposal by a group of U.S. senators to end implementation of the National Flood Insurance Program’s Risk Rating 2.0 system.
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