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Academy Comments on Colorado Insurance Discrimination Law
Academy President Maryellen Coggins sent a letter Friday to Colorado Insurance Commissioner Michael Conway on Colorado’s newly enacted law to protect consumers from unfair discrimination in insurance. The statute, enacted last July, prohibits unfair discrimination based on certain personal characteristics-race, color, national or ethnic origin, religion, sex, sexual orientation, disability, gender identity, or gender expression-in any insurer practice. The Colorado Division of Insurance is beginning to gather stakeholder input in advance of a rulemaking based on the new law. “It is our belief that we can continue to provide useful professional input as you work on the implementation of [the regulations],” Coggins wrote, adding that the comments relate generally to the property/casualty, health, and life practice areas, and also provide comments specifically to those practice areas.
Save the Date-March Capitol Forum Retirement Webinar to Feature EBSA Official
Ali Khawar, acting assistant secretary of the Employee Benefits Security Administration (EBSA) within the U.S. Department of Labor, will be a featured speaker in an Academy Capitol Forum webinar highlighting the Retirement System Assessment and Policy Committee’s series of issue briefs on a national retirement income policy. Mark your calendar for this March 10 event-more details will be coming soon.
Summaries of Pension, Life Webinars Available
Recaps of last week’s pension and life webinars-“Funding Public Pension Plans-Theory and Practice” and “Life Practice Public Policy Update“-are now available. Archived recordings, including slides and audio, of Academy webinars are available post-event for logged-in Academy members. Read more here.
Place Your Order: Life & Health, P/C Law Manuals Available
Keep up to date with the Academy’s recently updated law manuals:
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The Life and Health Valuation Law Manual contains information to help appointed actuaries and others know the requirements of the NAIC model Standard Valuation Law and the model Actuarial Opinion and Memorandum Regulation. Order today.
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The Property/Casualty Loss Reserve Manual, designed to help appointed actuaries know the NAIC Annual Statement requirements for statements of actuarial opinion, is also available. Order today.
Reminder-Health Equity Work Group RFI Deadline Approaching
The Feb. 15 extended deadline is approaching for the Health Equity Work Group’s request for information of whether and how health actuarial practices and methods affect health disparities. Learn more about the RFI and how to share your input here.
Academy Volunteers-Don’t Forget to Submit Your COI/CE Acknowledgments
Academy members who serve on Academy boards, councils, committees, subcommittees, task forces, and work groups are required to annually acknowledge the existing Conflict of Interest (COI) policy that applies to all who participate in Academy work. In addition, volunteers must attest that they meet the continuing education (CE) compliance requirements of the U.S. Qualification Standards. Academy members should familiarize themselves with the conflict of interest policy, including the recently updated “Conflict of Interest When Doing Volunteer Work.” Volunteers can submit the acknowledgements by following the instructions in the COI/CE email they received from the Academy earlier week, or by logging in to the member section of the Academy website and following the appropriate link under “Volunteer Acknowledgments.” The Academy will host a webinar for volunteers in mid-March; stay tuned for details.
GAO Seeks Nominees for Advisory Committee
Next Friday, Feb. 11, is the deadline for the U.S. Government Accountability Office’s (GAO) request for nominations to serve on a health policy-related federal commission-the Medicare Payment Advisory Commission (MedPAC). Self-nominations are accepted. See GAO’s Federal Register notice for more information.
Less Than Two Weeks Left to Apply for Academy-Sponsored Diversity Scholarships to Drake Symposium
The deadline is less than two weeks away to apply for six Academy-sponsored diversity scholarships to April’s Drake Symposium on Insurance, which focuses on insurance and actuarial science. Academy members are encouraged to share the news with current university students of under-represented backgrounds interested in the actuarial profession. Recipients must be available to travel to Des Moines, Iowa, from April 8 to 10. The deadline to apply is Feb. 15; for more information, click here.
Recently Released
 The January Actuarial Update highlights the start of 2022 by showcasing the Academy’s recently revamped website, and offerings in both public policy and professionalism including webinars, law manuals, practice notes, and the new U.S. Qualification Standards (USQS), which took effect Jan. 1. And be sure to check out the “Professionalism Counts” column, which offers a follow-up Q&A on the Explaining Professionalism to Principals paper.
In case you missed it: The latest issue of Contingencies contains a lively roundtable discussion featuring members of the Committee on Qualifications regarding the newly effective USQS. Be sure to check it out and learn why the Academy is the home of U.S. actuarial professionalism.
Public Policy in Focus
Learn more about how the Academy’s public policy efforts support the profession, our members, and the public.
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