Public Policy Comments and Letters

Life Financial Soundness/Risk Management Committee comments on company generated scenarios. (August 31, 2008)
Health RBC Trend Test Work Group report to the NAIC on evaluating the effectiveness of three proposed trend tests. (August 26, 2008)
Risk Management and Financial Reporting Council letter to the Senate seeking clarification on the role of the actuary in the Insurance Information Act of 2008. (July 29, 2008)
Risk Management and Financial Reporting Council letter to the House seeking clarification on the role of the actuary in the Insurance Information Act of 2008. (July 29, 2008)
Reinsurance Work Group comments to the NAIC on risk transfer rules. (July 15, 2008)
Risk Margin Task Force comments to the IAA on its second exposure draft, "Measurement of Liabilities for Insurance Contracts: Current Estimates and Risk Margins." (May 28, 2008)
Extreme Events Committee’s Natural Catastrophe Subcommittee comments on a proposed NCOIL resolution about a state-federal system for catastrophe funding. (May 1, 2008)
Life Tax Steering Group comments on an IRS notice to life insurers about potential federal income tax issues concerning proposed principle-based reserving and proposed Actuarial Guideline VA-CARVM. (May 1, 2008)
Pension Committee comments to the Internal Revenue Service (IRS) regarding proposed regulations for some hybrid defined benefit (DB) pension plans. (March 3, 2008)
Pension Committee comments to the Internal Revenue Service (IRS) on proposed regulations for measuring pension assets and liabilities. (March 3, 2008)
First in a series of fact sheets produced by the Medical Malpractice Insurance Subcommittee that discusses different types of medical professional liability insurance policies. (March 1, 2008)
Financial Reporting Committee comments on the proposed International Standard on Auditing (ISA) 620, "Using the Work of an Auditor’s Expert." (February 22, 2008)
Health Practice Financial Reporting Committee comments on proposed changes in the actuarial opinion instructions for NAIC health annual statements. (February 19, 2008)
Risk Management and Financial Reporting Council and Financial Reporting Committee comments on the Treasury Department's proposed review of the U.S. financial regulatory structure. (November 19, 2007)
International Financial Reporting Standards Task Force comments to the IASB on its discussion paper, "Preliminary Views on Insurance Contracts." (November 16, 2007)
International Financial Reporting Standards Task Force response to FASB on its Invitation to Comment on FASB Agenda Proposal, "Accounting for Insurance Contracts by Insurers and Policyholders." (November 16, 2007)
Pension Committee letter to Internal Revenue Service (IRS) commenting on proposed benefit restrictions for defined benefit (DB) pension plans under Internal Revenue Code Sections 430(f) and 436. (November 5, 2007)
Pension Practice Council and Pension Committee letter to the House Ways and Means Committee requesting technical corrections to clarify aspects of the Pension Protection Act. (November 5, 2007)
Financial Reporting Committee comments to the SEC on a proposal to eliminate a requirement for reconciling IFRS financial statements with U.S. GAAP. (October 9, 2007)
Terrorism Risk Insurance Subgroup comments to Senate Banking Committee about extending the federal terrorism insurance program. (October 1, 2007)