Financial Security

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Academy Paper Examines Emerging Issues Brought About by the Increased Use of Big Data and Algorithms in Insurance

WASHINGTON—A new public policy paper published by the American Academy Actuaries, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts, provides a framework for consumers,…

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Academy Officers and Regular Directors Begin Terms

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Maryellen Coggins taking office today as 2021–22 Academy president, five officers and three…

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Maryellen Coggins Becomes President of the American Academy of Actuaries

Coggins Succeeds 2020–21 President Tom Campbell WASHINGTON—Maryellen Coggins of Boston, Mass., began a one-year term as president of the American Academy of Actuaries today, succeeding…

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American Academy of Actuaries: 80% Pension Plan Funding Is a ‘Myth’ of Plan Health

WASHINGTON—The American Academy of Actuaries is publishing an issue brief, “The 80% Pension Funding Myth,” to alert the public, pension plan participants and other stakeholders,…

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William Michalisin Appointed as Executive Director of the American Academy of Actuaries

WASHINGTON—William “Bill” Michalisin, CAE, CIA, has been appointed as executive director of the American Academy of Actuaries, effective Sept. 27, 2021.  “The…

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Actuaries Climate Index down again in latest five-year average

Winter 2020-21 data update lowers index benchmark for the second consecutive quarter Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (Sept. 14, 2021)––The winter…

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2021 Trustees’ Reports Reflect Actuarial Consideration of COVID-19 Pandemic’s Effects on Social Security, Medicare

WASHINGTON—This year’s Social Security and Medicare trustees’ reports released on Aug. 31, 2021, offer actuarial analysis of the programs including the effects of the COVID-19…

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Academy Issue Brief Provides Window on What’s Behind Expected Health Insurance Premium Rate Changes for 2022

WASHINGTON—The American Academy of Actuaries has published an issue brief examining what’s driving changes in individual and small group markets health insurance rates that focuses on…

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Actuaries Climate Index Down Slightly in Latest Five-Year Average

Fall 2020 data update lowers index benchmark for the first time since 2017 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (June 8, 2021) –– The five-year moving…

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American Academy of Actuaries Issues Reinstatement Notice

Please note that there are two actuaries with the same first and last name in New York. The subject actuary who was originally disciplined and has now been reinstated is not Michael Lawrence Frank of…