Keeping you in the know—the latest news from the Academy
RECENT ACADEMY ACTIVITY | July 8–12, 2024
This Week … In a Minute
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 alerts as they are released.
MEMBERSHIP
Coming Next Month—Call-for-Volunteers Information Session
The Academy’s annual Call for Volunteers is coming in August. If you have questions about volunteering or are interested in learning more about the process, Academy staff and volunteers will be hosting an Aug. 6 Information Session highlighting available opportunities (including micro-volunteering options), discussing the importance of volunteers to fulfilling the Academy’s mission, outlining various roles and responsibilities, and more.
RSVP Today—If you’re ready to take your membership experience to the next level and help the Academy fulfill its mission to serve the public and U.S. actuarial profession, please join us to learn more—RSVP today.
EDUCATION & EVENTS
LHQ Seminar—Register Early & Save $200
Register now and get an early-bird discount for this year’s Life and Health Qualifications Seminar, coming in November just outside Washington, D.C. Topics include an introduction to principle-based reserves (PBR) & risk-based capital; health claim reserves and premium deficiency reserves; life insurance reserves—an overview and formulaic reserves; and professionalism. Earn up to 27 hours of CE, including professionalism hours. Space is limited for the LHQ Seminar, which will be held Nov. 4–7 at the Hyatt Regency Crystal City in Arlington, Va. Register by July 31 and save $200.
Events Page—For information on other educational events and resources, visit the Academy website.
Free Webinar With FIO, NSF Covers Cyber/Terrorism Issues; Part Two Next Tuesday, July 16
The Academy hosted a webinar Tuesday moderated by President Lisa Slotznick and held in conjunction with the Federal Insurance Office (FIO) and the National Science Foundation (NSF), the first of two free webinars in a series. Update on Proposed Industry-University Cooperative Research Centers (IUCRC) on Terrorism and Catastrophic Cyber Insurance featured FIO Director Steven Seitz; FIO Senior Insurance Regulatory Policy Analyst Chanda Brady; and NSF IUCRC Program Director Mohan Kumar. A recording is available on the Academy’s YouTube channel.
Part Two July 16—The second free webinar in the series, Expert Panel Discusses Terrorism and Cyber Insurance Modeling and Underwriting Challenges, is set for next Tuesday, July 16. Register today.
Next Week—Health Webinar to Examine 2025 Premium Drivers
Members of the Individual and Small Group Markets Committee will present in next week’s webinar, Drivers of 2025 Health Insurance Premium Changes. Chairperson Jason Karcher will moderate the discussion, in which presenters will explore factors including the resumption of Medicaid eligibility; the shift of small groups from fully insured plans to other funding arrangements; and inflation. It will be held next Thursday, July 18—register today.
CLRS—Early-Bird Discount Available
The annual Casualty Loss Reserve Seminar (CLRS), sponsored by the Academy and the Casualty Actuarial Society (CAS), offers highly interactive sessions to help P/C actuaries stay fresh on relevant topics, maintain credentials, and grow your network. It will be held Sept. 9–11 in San Francisco. A livestream option is available. Get an early-registration discount and save—register today.
Early Discounts Available for Envision Tomorrow
“Exploring a World of Risk” is the theme for Envision Tomorrow, the Academy’s annual meeting to be held at the Grand Hyatt Washington on Oct. 15 and 16. Former NATO Supreme Allied Commander Gen. Wesley Clark will give the opening keynote address on leadership, global risks, and the U.S. political landscape, and financial and insurance inclusion researcher Leroy Nunery II will lead a discussion on “Growing Financial Inclusion.”
This Week Special Discount—This Week readers can save $50 by using SPECIAL50 when registering for the event. Register now and save.
OUTREACH & NEWS
Contingencies Covers Value of the MAAA, Precept 13, Fertility & More
The July/August Contingencies details the real value in Academy membership—credibility, a commitment to professionalism, and a host of member benefits are just the beginning. Hear directly from a panel of Academy volunteer leaders on what membership means to them! Also, a feature on thekey reasons for plunging fertility rates; an Up to Code piece on Precept 13; and President Lisa Slotznick discusses one of the Academy’s mega-issues: cyber risk.
In the News
ABC TV affiliate WJLA (Washington, D.C.) ran a National Desk segment on retirement issues that included comments from Senior Retirement Fellow Linda Stone on the newly revamped Actuaries Longevity Illustrator, developed jointly by the Academy and the Society of Actuaries. The segment aired on more than 80 stations around the country.
In a special edition of Actuary Voices, Senior Director of Public Policy Geralyn Trujillo discusses the Election 2024: Issues Clearinghouse and the Academy’s objective and nonpartisan resources being offered this presidential election year, in a conversation with Senior Policy Analyst Ted Gotsch. Subscribe to Actuary Voices wherever you get your favorite podcasts.
Public Policy in Brief
The Life Underwriting and Risk Classification Subcommitteecommented to the Colorado Division of Insurance on the ACLI draft proposed quantitative testing regulation, Concerning Quantitative Testing of External Consumer Data and Information Sources, Algorithms, and Predictive Models Used for Life Insurance Underwriting for Unfairly Discriminatory Outcomes.
The latest Actuarially Sound blog post looks at the Academy’s PBR resources, including the long-running PBR Bootcamp events, the most recent of which was held in Philadelphia last month.
Stay Informed—Visit the Public Policy webpage to stay on top of PBR and the latest public policy news and activity.
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