Public Policy Comments and Letters

VAGLB Work Group comments on proposed revisions to Actuarial Guideline MMMM (March 1, 2002)

Joint RBC Task Force updated comparison of the NAIC's life, P/C, and health RBC formulas. (February 12, 2002)

Life Capital Adequacy Subcommittee on Instuction and Formula Modifications report on RBC instruction and formula modification. (February 1, 2002)

Letter to CMS on Medicare+Choice Risk Adjustment Methodology

Medicare Steering Committee comment letter on proposed changes in the Medicare+Choice risk adjustment methodology and reporting requirements for diagnostic information for use beginning in 2004. (January 30, 2002)

LLWG Comments on NY Insurance Department's Circular Letter XX

Comments from the Life Liquidity Work Group on the New York Insurance Department's Circular Letter XX. (January 10, 2002)

Comments on Mapping of Life Insurance Risks and Property/Casualty Risks

Academy comments to Connecticut Insurance Department on mapping terms for insurance risks and banking risks. (December 7, 2001)

Casualty Practice Council Letter to Senate on Terrorism Risk Insurance Legislation

Casualty Practice Council letter to Senate on terrorism risk insurance legislation. (December 5, 2001)

MTWG Overview of Asbestos Issues and Trends

Mass Tort Work Group overview of asbestos issues and trends. (December 1, 2001)

LFRC Suggested Changes in SSAP

Life Financial Reporting Committee suggested changes in SSAP form. (November 16, 2001)

Letter to House Committee Seeking Actuarial Inclusion in Proposed Catastrophe Loss Commission

Academy letter to House Financial Services Committee urging the inclusion of an actuary on a proposed catastrophe loss commission. (October 9, 2001)

Comment Letter on Life Insurance to State Commissioners

Life Product Committee comment letter on life insurance product standards to Michigan and Pennsylvania insurance commissioners. (October 9, 2001)

Comments to FASB on Proposed Accounting Standard for Financial Instruments

Academy comments to FASB on Joint Working Group Draft "Standard and Basis for Conclusions, Financial Instruments, and Similar Items." (September 21, 2001)

Letter to NAIC on SSAP 54

Health Practice Financial Reporting Committee letter proposing several amendments to paragraphs within SSAP 54. (August 29, 2001)

Letter to State Sen. John Fonfara on CT Legislative Task Force Auto Insurance Study

Risk Classification Work Group comment letter to Connecticut state Sen. John Fonfara about a Connecticut legislative task force's auto insurance study. (June 22, 2001)

Letter to IASB on Financial Instruments

Task Force on Fair Value letter to IASB on hybrid financial instrument accounting treatment. (May 29, 2001)

Comments to NAIC on Proposed Qualification Requirements for Actuaries

Academy comments on the proposal developed and approved on a preliminary basis by the NAIC’s Speed to Market Working Group that pertain to the definitions of “minimum experience and education requirements” for actuaries contained in the preface to the proposal. (March 29, 2001)

Letter to NAIC on Speed to Market Working Group

Committee on Federal Life Insurance Issues letter to NAIC on the Speed to Market Working Group. (March 21, 2001)

Comments on FASB Exposure Draft on Business Combinations and Goodwill Accounting

Committee on Life Insurance Financial Reporting and Committee on Property and Liability Financial Reporting comments on FASB Revised Exposure Draft: "Business Combinations and Intangible Assets — Accounting for Goodwill." (March 16, 2001)

Letter to HHS on Proposed Standards for Privacy of Health Information

Academy letter on proposed standards for privacy of health information to the Department of Health and Human Services. (February 17, 2001)

Report to NAIC Proposing Changes to 2001 Health RBC Property and Equipment Page

Task Force on HORBC comments that offer a counterproposal regarding the redesign of the Property & Equipment page. The counterproposal would achieve the objectives of attaining compliance with the new Health blank and reducing the amount of data collected, and it would leave the NAIC working group flexibility to make a change to the HCDA risk factor in 2001. (January 10, 2001)