Academy Resources

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Life Underwriting and Risk Classification Work Group Submits Letter on Colorado Senate Bill 21-169

The Life Underwriting and Risk Classification Work Group submitted a letter on Colorado Senate Bill 21-169 aimed at unfair discrimination in insurance, addressing potential concerns of the… Download
Topics: Life Insurance
Date Published: 03/29/2021

Health Practice Council Submits Comments on Colorado Senate Bill 21-169

The Health Practice Council submitted a comment letter on Colorado Senate Bill 21-169 which is aimed to protect consumers from unfair discrimination in insurance practices. The comments focused on… Download
Date Published: 03/29/2021
Comment / Letter

Casualty Practice Council Submits Comments on Colorado Senate Bill 21-169

The Casualty Practice Council submitted a comment letter on Colorado Senate Bill 21-169 which is aimed to protect consumers from unfair discrimination in insurance practices. The comments addressed… Download
Topics: Casualty
Date Published: 03/29/2021
Comment / Letter

Health Practice Council Comment Letter on Colorado Senate Bill 21-169

Health Practice Council comment letter on Colorado Senate Bill 21-169 which is aimed to protect consumers from unfair discrimination in insurance practices. The comments focus on potential impacts… Download
Date Published: 03/29/2021

ESG Work Group Submits Comments to LATF on Recent Exposures

The Academy’s Economic Scenario Generator Work Group (ESGWG) submitted a comment letter to the National Association of Insurance Commissioners’ Life Actuarial Task Force regarding its recent… Download
Date Published: 03/25/2021
Comment / Letter

ESG Work Group’s Comments to LATF on Recent Exposures

The Academy’s Economic Scenario Generator Work Group’s (ESGWG) comment letter submitted to the National Association of Insurance Commissioners’ Life Actuarial Task Force regarding its recent ESG… Download
Date Published: 03/24/2021

Issue Brief Released on Auto Insurance and COVID-19

The Automobile Insurance Committee released an issue brief on automobile insurance considerations arising from the COVID-19 pandemic. Download
Topics: Casualty
Date Published: 03/24/2021

ARCWG Fixed Annuity PBR Deviations Grid

The Academy’s Annuity Reserves and Capital Work Group’s summary of the differences between the Academy fixed annuity principle-based reserving (PBR) framework proposal exposed by the National… Download
Date Published: 03/15/2021

VA Reserve and Capital Work Group APF to Update RMD

The Variable Annuity Reserves and Capital Work Group’s proposed amendment submitted to the NAIC’s Life Actuarial Task Force (LATF) to update the reference to the required minimum distribution… Download
Topics: NAIC Retirement
Date Published: 03/15/2021
Practice Note

ASOP No. 6 Practice Note on Valuing Retiree Health Benefit Plans

ASOP No. 6 Practice Note on Valuing Retiree Health Benefit Plans The ASOP No. 6 Practice Note Work Group’s ASOP No. 6—Development of Age-Specific Retiree Health Cost Assumptions, Including… Download
Date Published: 03/15/2021

ARCWG Submits Fixed Annuity PBR Deviations Grid to NAIC

The Academy’s Annuity Reserves and Capital Work Group submitted a summary of the differences between the Academy fixed annuity principle-based reserving (PBR) framework proposal exposed by the… Download
Date Published: 03/15/2021

VA Reserve and Capital Work Group Submits APF to Update RMD to NAIC

The Variable Annuity Reserves and Capital Work Group submitted an amendment proposal to the NAIC’s Life Actuarial Task Force (LATF) to update the reference to the required minimum distribution… Download
Topics: NAIC Retirement
Date Published: 03/15/2021

Individual Equity and Social Adequacy Monograph

The Social Security Committee released a monograph titled, Individual Equity and Social Adequacy in the U.S. Social Security System. The monograph was written to provide public policymakers with an… Download
Date Published: 03/12/2021

Monograph and Issue Brief on Social Security Individual Equity and Social Adequacy

The Social Security Committee released a monograph and an issue brief on individual equity and social adequacy as those principles apply to social security reform options. The monograph and issue… Download
Date Published: 03/12/2021
Issue Brief

Issue Brief on Individual Equity and Social Adequacy

The Social Security Committee’s issue brief on Social Security reform proposals. This issue brief compares three proposals for reforming Social Security using the Individual Equity and Social… Download
Date Published: 03/12/2021

C1 Work Group Submits Comments to LRBC Working Group on Capital Requirements for Real Estate

The C1 Work Group submitted comments to the NAIC’s Life Risk-Based Capital (LRBC) Working Group on the exposed January 21, 2021 proposal to restate the capital requirements for real estate in the… Download
Date Published: 03/11/2021

C1 Work Group Submits Updated Bond Factors to LRBC Working Group

The C1 Work Group submitted a letter to the NAIC’s Life Risk-Based Capital (LRBC) Working Group, including an update to previously proposed base bond factors and companion portfolio adjustment… Download
Date Published: 03/11/2021

C1 Work Group’s Updated Bond Factors to LRBC Working Group

The C1 Work Group’s letter to the NAIC’s Life Risk-Based Capital (LRBC) Working Group, including an update to previously proposed base bond factors and companion portfolio adjustment formula to… Download
Date Published: 03/11/2021

Issue Brief Released on Regulatory Options for Long-Term Care Insurance Innovation

The Long-Term Care (LTC) Reform Subcommittee released their issue brief on regulatory options for LTC insurance innovation. This issue brief examines some National Association of Insurance… Download
Date Published: 03/10/2021
Issue Brief

Issue Brief on Regulatory Options for Long-Term Care Insurance Innovation

The Long-Term Care (LTC) Reform Subcommittee’s issue brief on regulatory options for LTC insurance innovation. This issue brief examines some National Association of Insurance Commissioners (NAIC)… Download
Date Published: 03/10/2021
Comment / Letter

C1 Work Group Comments to LRBC Working Group on Capital Requirements for Real Estate

The C1 Work Group’s comments to the NAIC’s Life Risk-Based Capital (LRBC) Working Group on the exposed January 21, 2021 proposal to restate the capital requirements for real estate in the… Download
Date Published: 03/08/2021
Report

Committee Report to the NAIC on Update to Property and Casualty Risk-Based Capital Underwriting Factors Experience Through December 31, 2017

The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital (E)… Download
Date Published: 03/05/2021

P/C RBC Committee Submits Major Underwriting Risk Factors Report to NAIC

The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital (E)… Download
Date Published: 03/05/2021
Presentation

Gibson Presents at Midwest Actuarial Forum

Senior Casualty Fellow Rich Gibson presented at the Midwest Actuarial Forum’s Virtual Spring Meeting Webinar, giving an overview of recent property/casualty public policy developments. Download
Date Published: 03/05/2021
Comment / Letter

Climate Work Group Comments to NAIC Climate and Resilience Task Force

ERM/ORSA Climate-Related Financial Disclosures Work Group comments to the NAIC Climate and Resiliency (EX) Task Force’s Climate Risk Disclosure Workstream.    Download
Date Published: 03/02/2021