Academy News

As discussed in the August Actuarial Update, some Academy members have been asked to sign a petition in support of a membership vote on changing the Academy’s rules governing the participation of guests in meetings of the Actuarial Standards Board and of the Academy’s various committees. A petition was presented on September 13, which the Academy has reviewed and determined is insufficient to trigger a membership vote for three principal reasons. Read more.  (September 21, 2018)

In the Fall Casualty Quarterly, Travel Insurance Task Force Chairperson Daniel Roth does a Q&A on the task force’s new travel insurance monograph. Also in this issue, the Academy presented at the Casualty Loss Reserve Seminar and at a Capitol Hill cybersecurity panel, and the latest state and federal legislative and regulatory activity. (September 20, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (September 14, 2018)

The September HealthCheck covers the Individual and Small Group Markets Committee’s comments to the Centers for Medicare & Medicaid Services and the Department of Health and Human Services (HHS) on a proposed rule regarding the adoption of methodology for the HHS-operated permanent risk adjustment program. Also covered: the committee’s issue brief, Auto-Enrollment Into Individual Market Health Insurance Coverage; and states’ and federal legislative and regulatory actions. (September 12, 2018)

On Sept. 4, 2018, the Academy’s Board of Directors, after careful deliberation, voted to amend the Academy’s Bylaws to change the composition of the Academy’s Selection Committee. This committee is established by the Academy Bylaws and appoints members of the Actuarial Standards Board (ASB) and the Actuarial Board for Counseling and Discipline (ABCD), both of which are housed within the Academy. Effective immediately, the Selection Committee will be composed only of the presidents and presidents-elect of the Academy, the Society of Actuaries, and the Casualty Actuarial Society. Read Academy President Steve Alpert’s letter to members. (September 07, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (September 07, 2018)

The Casualty Practice Council’s Travel Insurance Task Force published a monograph, Travel Insurance: An Actuarial Perspective, which provides information on the manner in which travel insurance is designed, filed, priced, sold, and serviced. Read the news release (September 05, 2018)

The August Actuarial Update contains a great back-to-school “bus” picture and information members should read on how the Academy’s core values of transparency and public participation are strikingly apparent. Also featured are a rundown of the myriad Academy activities at the August NAIC summer meeting in Boston, a list of new members from the first half of 2018, and a “Professionalism Counts” article on the Applicability Guidelines to help you identify which ASOPs may apply to your work.  (August 31, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (August 31, 2018)

In the summer issue of The Retirement Report, read about the Pension Practice Council’s July forum in Washington, D.C., that brought together experts to discuss possible public policy solutions to retirement issues and practical ideas to promote retirement security. Plus, read about recent state and federal pension-related regulatory and legislative activity. (August 30, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (August 24, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (August 17, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (August 10, 2018)

Academy Past President Mary D. Miller on Friday submitted a comment letter from the Academy to the NAIC regarding the Casualty Actuarial and Statistical Task Force’s exposure draft related to the three-year experience requirement to sign statutory statements. In those comments Miller shared the Academy’s view that the exposure draft describes an approach that will neither clarify nor improve the current requirement. (August 10, 2018)

The August HealthCheck covers the Health Practice Council’s presentations at the NAIC Summer 2018 National Meeting in Boston, including a report by the Joint P&C/Health Bond Factors Analysis Work Group, and updates by the Individual and Small Group Markets Committee and the Long-Term Care Valuation Work Group. Also included are legislative and regulatory updates, including actions by Centers for Medicare & Medicaid Services. (August 08, 2018)