From the Newsroom

Article

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…
Date Published: 08/04/2020
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Article

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…
Date Published: 06/10/2020
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Article

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…
Date Published: 05/27/2020
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Article

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…
Date Published: 05/21/2020
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Article

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…
Date Published: 05/18/2020
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Article

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…
Date Published: 05/12/2020
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Article

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…
Date Published: 04/28/2020
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Article

COVID-19 Brings New Uncertainties to Health Care Spending and Health Insurers

WASHINGTON—As the COVID-19 pandemic spreads, its effects on U.S. health care spending and health insurers for 2020 and beyond are uncertain, according to FAQs on COVID-19 and Its Effects on…
Date Published: 03/24/2020
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Article

Actuaries Climate Index Reaches New High for Sixth Consecutive Quarter

Index’s five-year average continues an upward trend Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (February 27, 2020)—The five-year moving average of the Actuaries…
Date Published: 02/27/2020
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Article

Actuarial State of the Union 2020: Academy Highlights Risks and Reform Options for Social Security, Medicare, NFIP

WASHINGTON—Leading up to Tuesday’s 2020 State of the Union message, the American Academy of Actuaries is highlighting the need for public policymakers to address significant financial…
Date Published: 01/31/2020
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Related Resources

Toolkit

Cyber Risk Toolkit

The American Academy of Actuaries’ Cyber Risk Toolkit, developed by the Academy’s Cyber Risk Task Force, is comprised of a series of papers addressing issues pertinent to cyber risk insurance…
Date Published: 08/25/2021
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Policy Paper

Cyber Risk Task Force Publishes Cyber Risk Toolkit

The Cyber Risk Task Force released a collection of publications combined together in the Cyber Risk Toolkit. The toolkit is intended to be a resource for interested readers of the general public,…
Date Published: 08/25/2021
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Financial Reporting Committee Releases First Exposure Draft of a Public Policy Practice Note on Application of ASU 2018-12 for Comment

The Long-Duration Contracts Work Group of the Financial Reporting Committee released an exposure draft of a public policy practice note on the Application of Accounting Standards Update 2018-12,…
Date Published: 07/27/2021
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Practice Note

Financial Reporting Committee First Exposure Draft of a Public Policy Practice Note on Application of ASU 2018-12

Exposure draft of a public policy practice note of the Long-Duration Contracts Work Group of the Financial Reporting Committee on the Application of Accounting Standards Update 2018-12, Targeted…
Date Published: 07/27/2021
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Practice Note

Long-Term Care Insurance Practice Note

Long-Term Care (LTC) Practice Note Work Group’s Long-Term Care Insurance public policy practice note to provide a source of information to practicing long-term care (LTC) actuaries seeking to…
Date Published: 05/14/2021
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Long-Term Care (LTC) Practice Note Work Group Releases Long-Term Care Insurance Public Policy Practice Note

The Long-Term Care (LTC) Practice Note Work Group released the Long-Term Care Insurance public policy practice note to provide a source of information to practicing long-term care (LTC) actuaries…
Date Published: 05/14/2021
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Presentation

Health Practice Council Public Policy Presentation on Long-Term Care Insurance

Academy Health Practice Council Vice President Al Schmitz, and Long-Term Care/Disability Committee Chairperson Bruce Stahl, April 28, 2021, presentation to the Columbus Actuarial Club on “Long-Term…
Date Published: 04/28/2021
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Research Paper

Aggregating Regulatory Capital Requirements across Jurisdictions: Theoretical and Practical Considerations

Academy President-Elect Maryellen Coggins and Steve Jackson, assistant director for research (public policy), presented Sept. 13 at the Virtual Casualty Loss Reserve Seminar and Workshops (CLRS), on…
Date Published: 04/01/2021
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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…
Date Published: 03/12/2021
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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.
Date Published: 03/05/2021
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