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Save Up to $300 with Annual Meeting Early Registration
The countdown is on for early registration for the Academy’s “Envision Tomorrow: 2022 Annual Meeting,” being held Nov. 2–3 in Washington, D.C. Be sure to register by Sept. 15 to save $200 and lock in your early rate to attend the Academy’s premier annual event. First time attendee? Use the code ENVISION to save $100 more. Find out the latest details on the agenda, obtain travel discounts, make hotel arrangements, and register today—visit our website to learn more.
Voting Ends Tonight for Slate of Member-Selected Directors
Today is the final day to vote for the slate of member-selected directors to the Academy Board of Directors. Be sure to check the Board Election Center, which includes links to candidates’ information, bios, and statements. All members are encouraged to take part in the Academy’s election process where they can vote for the slate of member-selected directors put forward by the Academy Nominating Committee. The election is open through 11:59 p.m. EDT tonight, Aug. 26.
Coming Soon—Annual Call for Volunteers
Join the more than 1,100 Academy volunteers making a difference for the profession, by participating in the annual Call for Volunteers that will open next week. It’s an excellent time for you to review the current volunteer opportunities, including micro-volunteering/short-term options, and to raise your hand to fulfill the Academy’s mission to serve the public and the U.S. actuarial profession.
Upcoming CE Opportunities
Register Now for Next Week’s Webinar on P/C ASOP Nos. 20, 36—Register today for next week’s “ASOP Nos. 20 & 36: Proposed Changes,” the latest webinar looking at actuarial standards of practice (ASOPs). The Actuarial Standards Board (ASB) is revising several property/casualty ASOPs, including ASOP No. 20, tentatively retitled Discounting of Property/Casualty Claim Estimates, and ASOP No. 36, tentatively retitled Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves. Both are open for comment on the ASB website. Actuaries who led the drafting effort will discuss why the standards are being revised and delineate the proposed changes, many of which are significant. Continuing education (CE) credit is available. The webinar is next Wednesday, Aug. 31, from noon to 1:30 p.m. EDT. Register now.
Long-Duration Contracts Work Group Releases Exposure Draft; Webinar Set for Sept. 13—The Risk Management and Financial Reporting Council’s Long-Duration Contracts Work Group released a practice note exposure draft, Application of ASU 2018-12 to the Accounting for Long-Duration Contracts Under U.S. GAAP, which covers aspects of the application of Accounting Standards Update 2018-12, Targeted Improvements to the Accounting for Long-Duration Contracts, published in August 2018 by the Financial Accounting Standards Board. The comment deadline for this exposure draft is Nov. 21, and the Academy will hold a webinar on the topic on Sept. 13—register now.
Public Policy in Focus
Health Equity Committee Chairperson Annette James gave a presentation on equity considerations for barriers to care and health plan benefit design to the National Association of Insurance Commissioners (NAIC) Special (EX) Committee on Race & Insurance.
The Casualty Practice Council (CPC) sent a comment letter to the District of Columbia’s Department of Insurance, Securities and Banking on evaluating unintentional bias in private passenger automobile insurance, expanding on its previous comments from last month.
Visit the Public Policy page to stay on top of the latest news and activities.
Public Employment Opportunity
The Washington state Employment Security Department is seeking a supervising actuary to direct actuarial analyses and reports for the Paid Family and Medical Leave Act and the Unemployment Insurance Trust Fund. The ideal candidate will have actuarial experience and will have a demonstrated ability to interact confidently and effectively with stakeholders, customers, researchers, and other audiences. Click here for more information and to apply.
The Academy’s annual Seminar on Effective P/C Loss Reserve Opinions is designed for property/casualty actuaries who prepare or assist with preparing NAIC annual statements of actuarial opinion on P/C loss reserves. Make plans to join us for this highly regarded event, which will be held Dec. 5–6 in Phoenix, Ariz. Registration will open soon.
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