Academy News

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. (February 15, 2013)

Read about recent health care reform activities in the latest edition of HealthCheck. (February 13, 2013)

When President Obama talks about avoiding sequesters and reducing federal budget deficits during his State of the Union tonight, the American Academy of Actuaries believes he should refocus on reforming major direct-spending programs. The business-as-usual trade-offs that result from budget battles could do far more harm than good if it pits decisions on sustaining Medicare, Medicaid and Social Security for future generations against discretionary spending growth and tax reform. Read the news release. (February 12, 2013)

The Casualty, Life, Health, and Professionalism councils submitted comments to the NAIC's Joint Qualified Actuary (A/B/C) Subgroup on the subgroup's two new charges related to defining a "qualified actuary" and recommending a process to address "unprofessional" actuarial work. (February 11, 2013)

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. (February 08, 2013)

Members are invited to nominate themselves or others for consideration as an Academy regular director by submitting names directly to the Academy’s Nominating Committee. (February 06, 2013)

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. (February 01, 2013)

Join the Academy and the Casualty Actuarial Society on Feb. 14 for this timely webinar on key considerations related to the risk of material adverse deviation (RMAD) disclosure required of appointed actuaries providing statements of actuarial opinion on property/casualty loss and loss adjustment expense reserves in the United States. Attendees will learn why RMAD disclosure exists and how to establish a materiality standard, evaluate whether there is an RMAD, and document their findings. Register today! (February 01, 2013)

Every year, Academy members who serve on Academy boards, councils, committees, subcommittees, task forces, and work groups, must acknowledge the existing conflict of interest (COI) policy and attest to compliance with the continuing education (CE) requirements of the U.S. Qualification Standards. To comply, click on the special link in the email you received yesterday from “American Academy of Actuaries [coi@actuary.org]” or reply as instructed in that email. You also may log in to the members-only page, and follow instructions there. (February 01, 2013)

The Academy offered a heartfelt thank you to Richard S. Foster, who is retiring this week as Centers for Medicare & Medicaid Services (CMS) chief actuary after a long and distinguished career in public service. Through his 18 years at CMS and previous 13 years as deputy chief actuary of the Social Security Administration, Foster devoted his entire actuarial career to improving the financial status of the nation’s most important social insurance programs — Medicare, Medicaid, and Social Security. Read the news release. (February 01, 2013)

Read the top priorities for the year as developed by each of the Academy’s practice councils as well as a look back at key legislative and regulatory developments from 2012, all in the latest issue of the Update (January 31, 2013)

Read about recent health care reform activities in the latest edition of HealthCheck. (January 30, 2013)

The Life & Health Valuation Law Manual is now available. The manual is designed to help appointed actuaries comply with the requirements of the NAIC model Standard Valuation Law and the Model Actuarial Opinion and Memorandum Regulation. (January 25, 2013)

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. (January 25, 2013)

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. (January 18, 2013)