Academy Resources

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Comment / Letter

Committee Comments on RBC Preamble Re-Exposure

The Prudential Regulation Committee sent a comment letter to the NAIC’s Capital Adequacy (E) Task Force on the re-exposure draft of Risk-Based Capital (RBC) Revised Preamble, 2024-16-CA. Download
Date Published: 05/08/2025
Comment / Letter

Committee Submits Agenda Request to FASB on Funds Withheld and Modified Coinsurance 

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding the application of accounting guidance for funds withheld and… Download
Topics: Life
Date Published: 05/08/2025
Comment / Letter

Committee Submits Agenda Request to FASB on LDTI

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding treatment of long-duration targeted improvements… Download
Topics: Life
Date Published: 05/08/2025
Comment / Letter

Committee Submits Agenda Request to FASB on Fixed Indexed Annuities

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding the application of accounting guidance for indexed annuity… Download
Topics: Life
Date Published: 05/08/2025
Presentation

Academy Presents on Cyber Risk at CAS Spring Meeting 

Committee on Cyber Risk members presented at the Casualty Actuarial Society (CAS) Spring Meeting in Toronto on “Cyber: Global Market Update and D&O Risk.”  Download
Topics: Casualty
Date Published: 05/05/2025
Presentation

Subcommittee Presents to NAIC’s Life RBC Working Group

The C-3 Subcommittee presented to the Life Risk-Based Capital (E) Working Group on additional considerations for plans to address C-3 alignment, including a possible field test in 2026. Download
Topics: Life
Date Published: 05/01/2025
Presentation

Committee Presents to NAIC’s Life RBC Working Group

The Life Investment and Capital Adequacy Committee presented to the Life Risk-Based Capital (E) Working Group on correlation across factors for life risk-based capital. Download
Topics: Life
Date Published: 05/01/2025
Comment / Letter

P/C Equity & Fairness Committee Comments to Colorado DOI

The P&C Committee on Equity and Fairness submitted comments to the Colorado Division of Insurance (DOI) on the exposed template of the DOI’s upcoming data call on private passenger auto… Download
Date Published: 04/25/2025
Comment / Letter

LPC Comments to LATF on AAT Reinsurance Draft

The Life Practice Council (LPC) provided comments to the NAIC’s Life Actuarial (A) Task Force (LATF) on the most recent AAT for Reinsurance Actuarial Guideline Draft Exposure. Download
Topics: Life
Date Published: 04/25/2025
Report

Health Work Group Sends H2 Final Report to NAIC

The Health Solvency Committee’s Health Underwriting Risk Factors Analysis Work Group sent the final H2—Underwriting Risk Component and Managed Care Credit Calculation in the Health… Download
Date Published: 04/24/2025
Comment / Letter

Individual & Small Group Markets Committee Comments to CMS on ACA Rule

The Individual & Small Group Markets Committee sent a comment letter to the Centers for Medicare & Medicaid Services (CMS) on the Proposed Rule: Patient Protection and Affordable Care Act;… Download
Date Published: 04/11/2025
Presentation

C1 Subcommittee Updates NAIC’s RBC Investment Risk Working Group

The C1 Subcommittee gave an update to NAIC’s Risk-Based Capital (RBC) Investment Risk Evaluation (E) Working Group on its work determining comparable attributes of collateralized loan obligations… Download
Date Published: 03/25/2025
Presentation

C3 Subcommittee Updates NAIC’s Life RBC Working Group

The C3 Subcommittee presented an update to NAIC’s Life RBC (E) Working Group on its work on C3 alignment with the other RBC c-factors. Download
Date Published: 03/25/2025
Comment / Letter

HPC Releases Summary of SOA Research Institute Report on the ACA

The Health Practice Council (HPC) released a summary of findings from a new Society of Actuaries (SOA) Research Institute report, The ACA @ 15 – Tracking Prior and Emerging Results since its… Download
Date Published: 03/25/2025
Presentation

Academy Gives CPC Update to CASTF at NAIC Spring Meeting

Senior Casualty Fellow Rich Gibson provided an update on Casualty Practice Council (CPC) activities to the NAIC’s Casualty Actuarial and Statistical (C) Task Force (CASTF) at NAIC’s Spring… Download
Date Published: 03/24/2025
Presentation

P/C RBC Committee Presents to NAIC Working Group

P/C RBC Committee Chairperson Ron Wilkins gave an update to NAIC’s P/C RBC (E) Working Group on R4/R5 factors and the committee’s 2025 priorities. Download
Date Published: 03/24/2025
Presentation

Academy Gives LPC Update at NAIC Spring Meeting

Director of State Public Policy Outreach Katie Dzurec provided an update on Life Practice Council (LPC) activities to the NAIC’s Life Actuarial (A) Task Force (LATF) at NAIC’s Spring National… Download
Date Published: 03/23/2025
Comment / Letter

Practice Councils Comment to ASB on ASOP No. 41

The Casualty Practice Council, Health Practice Council, and Retirement Practice Council sent comments to the Actuarial Standards Board (ASB) on the second exposure draft of Actuarial Standard of…
Date Published: 03/14/2025
Comment / Letter

Practice Councils Comment to NAIC’s New RBC Model Governance Task Force

Vice presidents of the Academy’s Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Council provided comments to the NAIC’s… Download
Comment / Letter

RPC Letter to the House Budget Committee on the PBGC Premium Due Date

The Retirement Practice Council’s Pension Committee sent a letter to the House Budget Committee to ask that the Committee consider modifying the due date of the 2025 Pension Benefit Guarantee… Download
Topics: Retirement
Date Published: 03/11/2025

RPC Comments to House Budget Committee on PBGC Premiums

The Retirement Practice Council’s Pension Committee sent a letter to the House Budget Committee asking it to consider modifying the due date of the 2025 Pension Benefit Guaranty Corporation (PBGC)… Download
Topics: Retirement
Date Published: 03/11/2025
Issue Brief

Health Issue Brief Examines Access, Affordability, Choice, and Competition in the Individual Market

An issue brief from the Individual and Small Group Markets Committee, Ensuring Access, Affordability, Choice, and Competition in the Individual Health Insurance Market, provides an overview of how… Download
Date Published: 03/06/2025
Issue Brief

Issue Brief Examines Medicaid Per-Capita Caps, Design Considerations, and Policy Implications

A Medicaid Committee issue brief, Medicaid Per Capita Caps: Design Considerations and Policy Implications, focuses on Medicaid per-capita caps and discusses some of the key design considerations… Download
Date Published: 03/06/2025
Comment / Letter

LPC Comments to LATF on Reinsurance Actuarial Guideline Draft Exposure

The Life Practice Council provided comments to the Life Actuarial (A) Task Force on the most recent AAT for Reinsurance Actuarial Guideline Draft Exposure. Download
Topics: Reinsurance
Date Published: 02/28/2025
Comment / Letter

Committee Comments on APF 2024-16

The Life Products Committee provided comments to the Life Actuarial (A) Task Force on a re-exposure of APF 2024-16, meant to provide guidance on a universal life nonforfeiture issue.  Download
Date Published: 02/28/2025