The Academy and the Society of Actuaries (SOA) have updated the jointly developed Actuaries Longevity Illustrator, a web-based tool that allows users to quickly generate an estimate of how long they might live in a few simple steps. The illustrator does not provide financial advice, but results can be useful for individuals or couples for retirement planning purposes, and to retirement advisers. The language has been clarified to help users effectively use and understand its results, and back-end data and methodologies used to calculate results have been updated. The back-end mortality tables used to generate the illustrator’s results have been updated from Social Security’s 2010 to 2016 tables, and the mortality improvement scale has been updated from SOA MP-2015 to MP-2018. Improvements also have been made to the factors used to adjust for smoking and health status. (October 11, 2019)

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. (October 11, 2019)

The October HealthCheck covers the Academy’s telehealth issue brief and Sept. 25 Capitol Hill briefing on the topic; the Individual and Small Group Markets Committee’s comments to the Centers for Medicare & Medicaid Services on the 2020 Notice of Benefit and Payment Parameters; and recent legislative and regulatory activity. Click through also for a preview of health sessions at the upcoming Annual Meeting and Public Policy Forum. (October 09, 2019)

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. (October 04, 2019)

The September Actuarial Update covers Selection Committee appointments to the Actuarial Standards Board and the Actuarial Board for Counseling and Discipline, which take effect at the start of the new year. Also in the issue, recipients were announced for the Academy’s annual service awards, to be presented at November’s Annual Meeting and Public Policy Forum; personal finance expert Jean Chatzky will keynote a panel on women and retirement at the meeting and forum; “Actuary Voices” kicks off with its first podcast episode; an issue brief and Capitol Hill briefing on telehealth; and the “Professionalism Counts” column offers a continuing education check. (September 30, 2019)

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 27, 2019)

The Fall Casualty Quarterly has a Q&A with Academy Senior P/C Fellow Rich Gibson on key P/C issues. Also, the Academy updated its 2017 flood insurance monograph, commented to the NAIC on regulatory guidance and the “Qualified Actuary” definition, and gave P/C presentations at NAIC and the National Council of Insurance Legislators meetings. (September 25, 2019)

The P/C Extreme Events and Property Lines Committee has released an updated monograph on the National Flood Insurance Program. Building on the 2017 document prepared by the Flood Insurance Work Group, the paper includes data from the 2017 and 2018 hurricane seasons. (September 25, 2019)

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 20, 2019)