Academy Resources
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Comment / Letter
Life Underwriting and Risk Classification Work Group’s Comments on Accelerated Underwriting
The Life Underwriting and Risk Classification Work Group’s comments to the NAIC’s Accelerated Underwriting (A) Working Group on its paper summarizing the output of the working group’s… DownloadDate Published: 12/03/2021
Life Underwriting and Risk Classification Work Group Submits Comments on Accelerated Underwriting
The Life Underwriting and Risk Classification Work Group submitted comments to the NAIC’s Accelerated Underwriting (A) Working Group on its paper summarizing the output of the working group’s… DownloadDate Published: 12/03/2021
LPC Ad-hoc Task Force Submits Comments to the LATF on a Proposed AG
A Life Practice Council ad-hoc task force submitted comments to the NAIC’s Life Actuarial (A) Task Force (LATF) on a proposed actuarial guideline (AG) regarding asset adequacy testing. Download
Topics: NAIC
Date Published: 12/02/2021
Comment / Letter
VARCWG Comments to LATF on APF 2021-11
The Variable Annuity Reserves and Capital Work Group’s comments to the Life Actuarial Task Force on amendment proposal form (APF) 2021-11 regarding the proposed assumption disclosure requirements in… DownloadDate Published: 12/01/2021
VARCWG Submits Comments to LATF on APF 2021-11
The Variable Annuity Reserves and Capital Work Group (VARCWG) submitted comments to LATF on amendment proposal form (APF) 2021-11 regarding the proposed assumption disclosure requirements in… DownloadDate Published: 12/01/2021
Presentation
RETF Comments to NAIC Special Committee on Race and Insurance
Casualty Vice President Lauren Cavanaugh presented to the NAIC’s Special Committee on Race and Insurance (SCORI) Workstream 3 (Property and Casualty) on behalf of the Academy’s Racial Equity… Download
Presentation
Academy HPC 2021 Updates to NAIC Health Actuarial (B) Task Force
Academy Health Practice Council (HPC) Vice Chairperson, Barb Klever, provided an update on the 2021 HPC activities to the National Association of Insurance Commissioners (NAIC) Health Actuarial (B)… Download
Topics: NAIC
Date Published: 11/29/2021
Presentation
Work Group Presentation to the NAIC Health Actuarial (B) Task Force on Long-Term Care Insurance Mortality and Lapse Study
The Long-Term Care Valuation Work Group presented results of the Long-Term Care Insurance Mortality and Lapse Study to the National Association of Insurance Commissioners (NAIC) Health Actuarial (B)… DownloadDate Published: 11/29/2021
Comment / Letter
Comment Letter to CMS/CCIIO on Exposure Draft of Risk Adjustment Technical Paper
The Risk Sharing Subcommittee submitted comments to the Centers for Medicare & Medicaid Services (CMS) Center for Consumer Information and Insurance Oversight (CCIIO) on the HHS-Operated Risk… Download
Topics: Medicare / Medicaid
Date Published: 11/24/2021
Comment / Letter
Comment Letter Sent to CMS/CCIIO on Exposure Draft of Risk Adjustment Technical Paper
The Risk Sharing Subcommittee submitted comments to the Centers for Medicare & Medicaid Services (CMS) Center for Consumer Information and Insurance Oversight (CCIIO) on the HHS-Operated Risk… Download
Topics: Medicare / Medicaid
Date Published: 11/24/2021
NAIC Report
Long-Term Care Valuation Work Group Releases the Long-Term Care Insurance Mortality and Lapse Study
The Long-Term Care Valuation Work Group released a major report, the Long-Term Care Insurance Mortality and Lapse Study, as a result of a 2016 request from the NAIC’s Health Actuarial (B) Task… DownloadDate Published: 11/19/2021
Climate Task Force Comments to Treasury, FIO on Climate-Related Risk
The Climate Change Joint Task Force sent comments to the U.S. Department of the Treasury and Federal Insurance Office’s (FIO) request for information regarding FIO’s future work related to the… DownloadDate Published: 11/15/2021
Comment / Letter
Comment Letter to RFI from the Treasury Department and FIO on Climate-Related Financial Risk and the Insurance Sector
Climate Change Joint Task Force comments to the U.S. Department of the Treasury and Federal Insurance Office (FIO) request for information (RFI) relating to regarding FIO’s future work relating to… Download
Topics: Casualty
Date Published: 11/15/2021
Comment / Letter
Health Equity Work Group (HEWG) Sends Comment Letter to National Association of Insurance Commissioners (NAIC) committee on Revised Health Insurance Data Principles Exposure Draft
The HEWG sent a comment letter to the NAIC’s Special (EX) Committee on Race and Insurance – Workstream 5 (Health) on the exposure draft of the Principles for Data Collection document. The… DownloadDate Published: 11/15/2021
Issue Brief
Committee Releases Issue Paper on Medicaid Managed Care Plan Rate Setting as Impacted by COVID-19
The Medicaid Committee released an issue paper, Considerations for Reflecting the Impact of COVID-19 in Medicaid Managed Care Plan Rate Setting, which explores key components of rate setting during… Download
Topics: Medicare / Medicaid
Date Published: 11/12/2021
Topics: Professionalism
Date Published: 11/10/2021
Comment / Letter
Life Practice Council’s Task Force’s Comments to the ASB on ASOP 24
Life Practice Council’s Task Force’s Comments to the ASB on ASOP 24 Comments developed by a task force of the Life Practice Council to the Actuarial Standards Board (ASB) on the exposure draft of… DownloadDate Published: 11/09/2021
C-2 Mortality Work Group Presents to the NAIC&
C-2 Mortality Work Group Presents to the NAIC’s Life Risk Based Capital Working Group The C-2 Mortality Work Group presented on its report to the NAIC’s Life Risk Based Capital (LRBC) Working… Download
Topics: NAIC
Date Published: 11/09/2021
Life Practice Council Task Force Submits Comments to the ASB on ASOP 24
A Life Practice Council task force submitted comments to the Actuarial Standards Board (ASB) on the exposure draft of ASOP No. 24, Compliance with the NAIC Life Insurance Illustrations Model… DownloadDate Published: 11/09/2021
Issue Brief
Academy Releases Major Issue Paper on Big Data and Consumer Impacts
The Data Science and Analytics Committee released a major issue paper, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts. DownloadDate Published: 11/08/2021
Comment / Letter
HEWG Sends Comment Letter to NAIC Special Committee on Race and Insurance
The Health Equity Work Group sent a comment letter to the NAIC’s Special (EX) Committee on Race and Insurance – Workstream 5 (Health) on the exposure draft of the White Paper on Provider Network… DownloadDate Published: 11/05/2021
Comment / Letter
Health Equity Work Group Issues Request for Information
The American Academy of Actuaries created a Health Equity Work Group (HEWG) with a goal of contributing to efforts to reduce health disparities and improve health equity among racial and ethnic… DownloadDate Published: 10/29/2021
Presentation
P/C RBC Committee Presentation to NAIC
David Traugott, Chairperson of the Academy’s Property and Casualty Risk Based Capital (P/C RBC) Committee, presented an update on premium risk and Investment Income Adjustment to the NAIC’s P/C… DownloadDate Published: 10/25/2021
Issue Brief
Issue Brief on Potential for Changing Roles of Employers in Retirement Programs
Retirement System Assessment and Policy Committee issue brief exploring the potential to redefine the role of employers involved in retirement programs by removing many of the direct responsibilities… Download
Topics: Retirement
Date Published: 10/22/2021
Issue Brief
Committee Releases Issue Brief on Potential for Changing Roles of Employers in Retirement Programs
The Retirement System Assessment and Policy Committee released an issue brief, Retirement Policy: Potential for Changing Roles of Employers in Retirement Programs, which considers aspects of… Download
Topics: Retirement
Date Published: 10/22/2021