Academy News

Academy Senior Health Fellow Cori Uccello commented on the final rule released today by the administration on short-term, limited-duration insurance. Uccello noted that higher Affordable Care Act premiums will result if younger and healthier individuals move away from ACA-compliant coverage and opt for STLDI. Read the news release. (August 01, 2018)

With the fall 2017 data, the five-year moving average of the Actuaries Climate Index reached 1.19, a new record. The seasonal Actuaries Climate Index value increased to 2.00 in fall 2017, from the previous level of 1.59. Read the news release. (August 01, 2018)

The July Actuarial Update covers the Academy’s pension forum in Washington on retirement policy issues, and notes the impending July 31 deadline for comments to the Actuarial Standards Board on three pension actuarial standards of practice. Also covered: responses to the volunteer survey are due Aug. 7; the Academy commented to the NAIC on several of NAIC’s Casualty Actuarial and Statistical Task Force proposals; orders remain strong for the Academy-sponsored ‘Magic School Bus’ book introducing actuarial work to grade-school children; and  the “Professionalism Counts” column, written by current members of the Committee on Qualifications, looks at the U.S. Qualification Standards 10 years after the current version came into effect in 2008. (July 27, 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. (July 27, 2018)

Past Academy President Mary D. Miller submitted a letter with comments from the Academy to the National Association of Insurance Commissioners raising several concerns over a revised attestation proposal released for exposure on June 25 by the NAIC’s Casualty Actuarial and Statistical Task Force (CASTF). (July 25, 2018)

The Extreme Events and Property Lines Committee issued a monograph, Uses of Catastrophe Model Outputon the development of catastrophe models and the uses of catastrophe model output in actuarial tasks. (July 25, 2018)

With close to 20,000 members, the Academy appreciates the active participation of more than 1,000 volunteers from every practice area who lend their skill, knowledge, and experience to the Academy's work on public policy issues and professionalism. All members are being invited to complete the Academy's Annual Volunteer Survey via individual email. The survey is also available in the members-only section of the Academy website through Tuesday, August 7. (July 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. (July 20, 2018)

Past Academy President Mary D. Miller submitted a letter with extensive comments from the Academy to the NAIC responding to an exposure draft that the Casualty Actuarial and Statistical Task Force (CASTF) issued on a CAS/SOA proposal regarding CASTF’s “Continued Competence” charge. This is a significant proposal that would affect many actuaries. Comments are due by Monday, July 23. Those interested may wish to consider filing their own comments. (July 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. (July 13, 2018)

The July HealthCheck covers the Academy’s June 25 webinar on the Individual and Small Group Markets Committee’s issue brief on drivers of 2019 health insurance premium changes. It also describes that committee’s presentation at the Society of Actuaries’ 2018 Health Meeting, and includes news about the latest Centers for Medicare & Medicaid Services decision to suspend collections and payments under the risk adjustment program established by the Affordable Care Act. (July 11, 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. (July 06, 2018)

In the July/August issue of Contingencies, the cover story, “A Long Stroll Through Avoca Cemetery,” takes readers on an actuarial study of a small-town burial ground ... and pauses for a few meditations and meanderings along the way. Other features include “Model Behavior”—How a modern modeler can add value and drive effective business decisions, and “Data Disasters”—Learning from history: case studies in analytic decision-making. Plus, Academy President Steve Alpert’s message on the actuarial profession’s ongoing conversation with the public; the importance of acknowledging limitations and communicating uncertainty; and an “End Paper” column from Sam Gutterman on 50 years of paths traveled and lessons learned. (July 02, 2018)

The June Actuarial Update covers the recently released Academy-sponsored Magic School Bus book, which is available for order and corporate sponsorships; issue briefs on 2019 health insurance premium drivers and the 2018 Medicare and Social Security trustees’ reports; the Big Data monograph; and the “Professionalism Counts” column, in which Past President Cecil Bykerk writes about U.S. actuarial self-regulation as a model for the world. (June 29, 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. (June 29, 2018)