AmericanAcademyOfActuaries

First Academy International Secretary remembered for his dedication to the actuarial profession

WASHINGTON -- Nov. 8, 2010 -- The American Academy of Actuaries posthumously awarded Daniel J. McCarthy with the 2010 Jarvis Farley Service Award earlier today during its luncheon and annual meeting. McCarthy was selected in recognition of his service to the association and the actuarial profession.

Former chief actuary for the California Department of Insurance recognized for regulatory contributions at the state and national levels

WASHINGTON -- Nov. 8, 2010 -- The American Academy of Actuaries announced that its members elected five regular directors today at its annual meeting. The regular directors will serve on the association's board of directors.

WASHINGTON -- Nov. 22, 2010 -- Frank Todisco, the American Academy of Actuaries senior pension fellow, will become the chief actuary of the U.S. Government Accountability Office (GAO) beginning Jan. 3, 2011. The American Academy of Actuaries announced today that Todisco will step down from the senior pension fellow position on Nov. 24.

WASHINGTON -- Dec. 13, 2010 -- Curtis Huntington will become the chairperson of the Actuarial Board for Counseling and Discipline on Jan. 1. He was appointed to the post by the Council of U.S. Presidents, a committee comprised of the presidents and presidents-elect of the five U.S.-based actuarial organizations. Huntington has served on the Actuarial Board for Counseling and Discipline since 2008 and was the chairperson in 2009. He will succeed Carol Sears, who served as the chairperson in 2010.

WASHINGTON -- Dec. 13, 2010 -- The American Academy of Actuaries emphasized today the importance of meaningful and consistent disclosures by state and local government pension plans. With the Dec. 2 introduction of the Public Employee Pension Transparency Act by Rep. Devin Nunes, the Academy offered context for evaluating the pension disclosures included in that legislation or that may be included in any other disclosure proposals.

The legislation would require the sponsors of state and local government pension plans to report annually:

What: Capitol Hill Briefing -- Pension Risk and Your Retirement

The American Academy of Actuaries will present a Capitol Hill briefing on what you need to know about retirement risk in America. The actuaries will discuss risks inherent with retirement plan designs and the implications for retirement planning and public policy.

For more information on the briefing, visit: http://www.actuary.org/events/2011/hillbriefings/hillbriefing_040411.asp

WASHINGTON -- March 28, 2011 -- The individual health insurance coverage mandate is such a vital component of the year-old health reform law that, if removed, alternatives would be needed. The American Academy of Actuaries said that the mandate serves to help attract low-risk individuals, which is necessary to prevent adverse selection to keep the health insurance markets viable.

WASHINGTON -- March 29, 2011 -- The American Academy of Actuaries announced that the following discipline action became effective on March 28, 2011:

Disciplinary Notice