Professionalism

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Tom Campbell Becomes President of the American Academy of Actuaries

Campbell Succeeds 2019–20 President Joeff Williams WASHINGTON—Thomas A. Campbell of Farmington, Conn., began his term as president of the American Academy of Actuaries today,…

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American Academy of Actuaries Recognizes Members’ Volunteer and Public Service

WASHINGTON—The American Academy of Actuaries is pleased to announce the recipients of its two most prestigious annual awards, the 2020 Jarvis Farley Service Award and the 2020 Robert J. Myers…

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Data Update to the Actuaries Climate Index

Long-term measure of extreme climate conditions reached a new high in winter 2019–20 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (August 26, 2020) –– A…

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Whether to Amend and Extend: National Flood Insurance Program Reauthorization as an Opportunity for Reform

WASHINGTON—August typically marks not only the start of the peak of hurricane season but is also the time during which Congress recesses for its monthlong district/state work period. When…

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Academy Issue Brief Examines How the COVID-19 Pandemic Has Introduced New Uncertainties, Complexity in the Development of 2021 Health Insurance Premium Rates

WASHINGTON—As health insurers file proposed premium rates for 2021, a new issue brief from the American Academy of Actuaries reveals how the COVID-19 pandemic has brought new uncertainties and…

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Data Update to the Actuaries Climate Index

Index’s data updated through fall 2019 including 2019 drought and sea level values Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (May 27, 2020)—The Actuaries Climate…

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American Academy of Actuaries Provides Assessment of Social Security’s Financial Condition Based on 2020 Trustees Report

WASHINGTON—A new issue brief from the American Academy of Actuaries, An Actuarial Perspective on the 2020 Social Security Trustees Report, provides policymakers and the public with an…

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American Academy of Actuaries Assesses Available Risk Mitigation Policy Options to Limit Effects of COVID-19’s New Uncertainties for Health Insurers

WASHINGTON—The COVID-19 pandemic is affecting the U.S. health care system in numerous ways, many of which will affect health insurers. This includes impacts due to uncertainties surrounding…

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Actuaries: Coverage of Pandemic Risk Through Property/Casualty Insurance Could Be Designed Like Existing Federal Programs

WASHINGTON—Existing federal insurance programs for costly, hard-to-estimate property/casualty risks are more appropriate models for a federal insurance program to facilitate coverage of…

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American Academy of Actuaries: Medicare’s Financial Challenges Persist

WASHINGTON—An analysis of the recently released 2020 Medicare Trustees Report by the American Academy of Actuaries notes that the serious issues with Medicare’s financial condition…