Keeping you in the know—the latest news from the Academy
RECENT ACADEMY ACTIVITY | March 11–15, 2024
This Week … In a Minute
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.
Academy Presents on Public Policy & Professionalism at NAIC Spring Meeting
Matson presents on reinsurance on Thursday
Academy staff and volunteers are giving updates on casualty, health, and life public policy issues at the NAIC Spring National Meeting in Phoenix, running through this weekend. Academy President Lisa Slotznick will discuss professionalism issues, and Actuarial Standards Board (ASB) Chairperson Kevin Dyke and Vice Chairperson Laura Hanson will present on ASB-related topics, including actuarial standards of practice (ASOPs).
Other presenters included Asset Adequacy and Reinsurance Issues Task Force Chairperson Patricia Matson, who presented on reinsurance issues and the task force’s recent issue brief. Look for a full recap in the upcoming March Actuarial Update, andan Academy webinar will feature updates from policy analysts on key presentations and issues from the meeting.
JBEA Extends Waiver of Physical Presence Requirement for CPE, Considers Permanent Solution
The Joint Board for the Enrollment of Actuaries (JBEA) announced Wednesday it “is retroactively extending the temporary waiver of its physical presence requirement for continuing professional education (CPE) programs and is proposing regulations to eliminate this in-person requirement altogether.” Read the JBEA news release.
Academy Provides Overview of Climate Work to German Actuarial Association
Academy Director of Research (Public Policy) Steve Jackson and Peter Ott, chairperson of the ACI/ACRI Working Group and a vice chairperson of the Climate Change Joint Committee, delivered a virtual presentation Thursday to the German Actuarial Association, “U.S. Actuarial Societies & the American Academy of Actuaries’ Climate Work.”
Looking for a Speaker? The Academy’s Speakers Bureau provides qualified speakers on a variety of topics to actuarial clubs, employers, academic institutions, and other organizations with the intent of helping members fulfill their professionalism continuing education requirements and be more informed on public policy issues. For more information and to request a speaker, visit the Academy website.
April Professionalism Webinar Reinforces Importance of Self-regulation
Join ASB Chairperson Kevin Dyke and vice chairpersons Laura Hanson and Dave Neve for Self-Regulation and the ASOPs: Your Professionalism Toolbox, a professionalism webinar that will focus on actuaries’ commitment to professionalism and look at proposed changes to ASOP Nos. 7 and 12, exposure drafts for which comments are due in May and June. Academy ASB Director of Professionalism Erica Kennedy will moderate. The webinar is set for April 18—register today.
Health Webinar to Examine Medicaid Issues
A newly announced health webinar Continuous Medicaid Unwinding: What’s Next for the Health Care Markets in 2024? will feature a discussion on where we are a year after the COVID-19 public health emergency expired, the unwinding of continuous coverage requirements, and the projected effects on health coverage for the Medicaid population. Academy Board member Julia Lerche will moderate. The webinar is set for April 2—register today.
Spring HealthCheck Covers Behavioral Health & More
The Spring HealthCheck leads with a Q&Awith Academy Health Vice President Barb Klever, who discusses the goals of and key issues facing the new Behavioral Health Task Force. Also in the issue, a preview of April’s “Hill Visits” with federal policymakers, and recent legislative and regulatory activity.
Volunteer Webinars Set for March, April
The Academy will host two upcoming webinars focused on committee leaders and general committee members.
March 26—President Lisa Slotznick, President-Elect Darrell Knapp, and Executive Director Bill Michalisin will host a webinar with volunteer leaders, including committee chairpersons and vice chairpersons, covering governance-related topics and more that are specific to volunteer leaders.
April 25—A similar webinar for all committee members will cover broader topics, including the Academy’s role, governance and operational structures, available resources, policies, and more.
Public Policy in Focus
The Health, Life, and Casualty practice councilssubmitted comments on the New York State Department of Financial Services’ proposed insurance circular letter on the use of Artificial Intelligence Systems (AIS) and External Consumer Data and Information Sources (ECDIS) in insurance underwriting and pricing.
A Milliman article referenced the Academy’s work related to the implementation of Colorado’s antidiscrimination law in insurance.
Inside Nova and more than 70 other outlets around the country cited the jointly sponsored Actuaries Climate Index in an article about travel insurance.
Retirement Income Journal noted Asset Adequacy and Reinsurance Issues Task Force Chairperson Patricia Matson’s presentation on reinsurance issues, in a preview of the NAIC Spring National Meeting.
InsuranceNewsNet covered Academy Board member and Data Science and Analytics Committee Chairperson Dorothy Andrews’ presentation, “Where Does Bias Hide? Defining Data Biases and Unfairly Discriminatory Considerations,” to the NAIC’s Casualty Actuarial and Statistical Task Force’s Feb. 27 book club webinar.
Visit the Events Calendar for a complete listing of Academy events, including links to post-webinar slides and recordings.
ICYMI—Peer Review Professionalism Paper
In case you missed it, be sure to read the latest Committee on Professional Responsibility discussion paper, which examines policies and best practices for peer review to support actuarial professionalism. Visit the Academy website to see the full list of COPR discussion papers.
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