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RECENT ACADEMY ACTIVITY | | |
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Only have a minute? Catch up on the week’s top 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 Office Closed Monday |
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The Academy office will be closed Monday, Oct. 13, for the federal holiday. | | | |
Climate Paper Examines Scope 3 Emissions for P/C Insurers | | | |
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In a new policy paper, Scope 3 Emissions for Property/Casualty Insurers, the Climate-Related Financial Disclosures Subcommittee details some of the challenges involved in financial reporting of Scope 3 Emissions for U.S. insurance companies. While Scope 1 and 2 Emissions originate in the operations of the reporting company, Scope 3 Emissions originate in the operations of companies upstream and downstream from the reporting company. While recognizing the stated benefits from proponents of Scope 3 reporting, the paper documents issues of scope, clarity, and data availability as problematic for those tasked with this reporting.
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Workers’ Compensation Issue Brief Examines Aspects of State-Specific Mechanisms A Workers’ Compensation Committee issue brief, Influential Features in the Workers’ Compensation System—What You May Not Know, examines how state-specific mechanisms—including rating bureaus, residual markets, state funds, self-insurance, and insurer non-premium-based assessments—affect the pricing and availability of workers’ compensation coverage. |
Academy Presents on Health Issues at AHIP State Issues Retreat | | | |
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Director of State Public Policy Outreach Katie Dzurec presented “Commercial and Individual Markets: What Goes Into the Premium Soup?” Wednesday at the 2025 AHIP State Issues Retreat in Nashville. At the annual event for health plan policy and government affairs leaders, Dzurec’s presentation highlighted the recent Health Practice Council health market resource guide, focusing on 2026 health insurance premium drivers, the basics of premium rate development, and the interconnectedness among various health insurance markets.
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RPC Offers ESOPs Micro-Volunteering Opportunity The Retirement Practice Council (RPC) is seeking volunteers with Employee Stock Ownership Plan (ESOP) experience to help discuss potential work product opportunities given Congress’ current bipartisan interest in expanding ESOPs. If interested, please email Retirement Policy Project Manager Janae Nelson at Nelson@actuary.org. |
- Resource Center—Visit the online Resource Center to stay on top of the latest Academy news and activity.
- Actuarially Sound—Read the latest blog post, recapping last month’s retirement symposium.
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Register Now for Next Week’s Cross-Practice Webinar on Retirement Issues Join the Academy for next week’s cross-practice webinar, How Are U.S. Households Saving and Spending in Retirement? Observations and a Discussion on Preparedness and Decumulation. It will feature Academy Director of Research Steve Jackson, who will discuss recent Academy research analysis, along with members of the RPC’s Retirement Policy and Design Evaluation Committee, and Gal Wettstein, from Boston College’s Center for Retirement Research. The webinar is set for next Thursday, Oct. 16. Register today. Other upcoming webinars to register for include: - Oct. 29, Cyber Risk (casualty)—October is Cybersecurity Awareness Month, and the annual Committee on Cyber Risk 2025 webinar will feature members of the Casualty Practice Council’s committee sharing updates to the Cyber Risk Toolkit. Register today.
- NEW: Nov. 13, Investments (life)—Moderated by Life Investment Analysis Subcommittee member Theresa Resnick, Actuaries and Investment Management: Let’s Talk! will feature an engaging discussion on how to create a robust communication system between investment management and actuaries, with a focus on appointed actuaries and qualified actuaries. Register today.
Secure Your Spot—P/C Loss Opinion Seminar Early Discounts End Next Week | | | |
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There’s just one week left to secure your early registration discount for the 2025 Seminar on Effective P/C Loss Reserve Opinions, to be held Dec. 8–9 in Salt Lake City. The seminar is designed for P/C actuaries who prepare NAIC statements of actuarial opinion. New this year—a webinar designed for first-time opinion writers, or those seeking a refresher, will be offered prior to the seminar. Early discounts end next Friday, Oct. 17—register today.
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OUTREACH & NEWS ICYMI—Actuary Voices Features Academy President Darrell Knapp |
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In case you missed it, a special edition of Actuary Voices features Academy President Darrell Knapp discussing the role the Academy plays—and his year as president, which wraps up next month—with Academy Executive Director and CEO Bill Michalisin. | |
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- JD Supra’s coverage of a U.S. district court decision on the Centers for Medicare and Medicaid Services’ payment methodology in Medicare Advantage noted the Academy’s related public comments.
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