Academy News

The Pension Cost Work Group released an issue brief, Alternatives for Pension Cost Recognition—Implementation Approaches Using Bond Models, that explores potential approaches for determining pension costs. (December 30, 2016)

The Academy released its 2016 P/C Loss Reserve Law Manual, which is updated from 2015 and designed to help appointed actuaries comply with NAIC annual statement requirements. The manual includes SAO requirements and state laws and regulations establishing requirements; annual statement instructions for the SAOs for P/C, title loss, and loss expense reserves; and other pertinent annual statement instructions. The manual is available online or as a CD-ROM, and members can order online here.  (December 30, 2016)

The Committee on Property and Liability Financial Reporting (COPLFR) released the Statements of Actuarial Opinion on P/C Loss Reserves practice note. (December 27, 2016)

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. (December 16, 2016)

The December issue of HealthCheck covers the Health Practice Council’s letters to Congress on the potential consequences of repealing Affordable Care Act provisions without having a replacement approach in place, and the widespread media coverage they received; the Academy’s testimony on long-term care insurance before a U.S. House subcommittee; President Obama’s signing this week of the 21st Century CURES Act into law; and more. (December 14, 2016)

The latest issue of Enrolled Actuaries Report includes two bylined pieces by Senior Pension Fellow Ted Goldman on proposals for both saving for a healthy retirement and an effective drawdown strategy during retirement; stories on the pension plenary and breakout sessions from the Academy’s recent Annual Meeting and Public Policy Forum; the Pension Practice Council’s issue brief on challenges facing the Pension Benefit Guaranty Corp.’s multiemployer program; and the November webinar on alternative pension costs. (December 12, 2016)

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. (December 09, 2016)

The Academy released Managing the Risks in Cyberspace, an Essential Elements report that explores insurance issues surrounding cyberattacks, including risks from data theft or malicious software. The Essential Elements series is designed to make actuarial analyses of public policy issues clearer to general audiences. (December 09, 2016)

The Health Practice Council sent letters to both the U.S. House and Senate on potential adverse consequences of repealing provisions of the Affordable Care Act (ACA) without having a replacement approach in place, and the challenges faced by eliminating the reimbursements to insurers for cost-sharing reduction subsidies. Read the news release. (December 07, 2016)

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. (December 02, 2016)

The November Actuarial Update has full coverage of the Academy’s Annual Meeting and Public Policy Forum, including plenary and breakout sessions of casualty, health, life, and pension practice areas. Also included is the release of the Actuaries Climate Index; a long-term care (LTC) work group’s release of an LTC issue brief on financing criteria; a webinar on alternative pension costs; and the “Professionalism Counts” column on creating a culture of professionalism. (November 30, 2016)

The Academy, in conjunction with three other actuarial organizations, launched the Actuaries Climate Index (ACI) that provides a quarterly measure of changes in extreme events and sea levels to inform actuaries, public policymakers, and the public about climate trends in the U.S. and Canada. Read the news release. (November 30, 2016)

Laurel Kastrup, the chairperson of the Academy’s Health Financial Reporting and Solvency Committee, testified at a U.S. House Subcommittee on Government Operations hearing on the federal long-term care insurance program. (November 30, 2016)

The LTC Criteria Work Group published an issue brief examining the essential criteria that should be used to analyze long-term care (LTC) financing reform proposals. Read the news release. (November 29, 2016)

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. (November 18, 2016)