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)
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)
Comments from the Life Liquidity Work Group on the New York Insurance Department's Circular Letter XX. (January 10, 2002)
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. (December 5, 2001)
Mass Tort Work Group overview of asbestos issues and trends. (December 1, 2001)
Life Financial Reporting Committee suggested changes in SSAP form. (November 16, 2001)
Life Product Committee comment letter on life insurance product standards to Michigan and Pennsylvania insurance commissioners. (October 9, 2001)
Academy letter to House Financial Services Committee urging the inclusion of an actuary on a proposed catastrophe loss commission. (October 9, 2001)
Academy comments to FASB on Joint Working Group Draft "Standard and Basis for Conclusions, Financial Instruments, and Similar Items." (September 21, 2001)
Health Practice Financial Reporting Committee letter proposing several amendments to paragraphs within SSAP 54. (August 29, 2001)
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)
Task Force on Fair Value letter to IASB on hybrid financial instrument accounting treatment. (May 29, 2001)
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)
Committee on Federal Life Insurance Issues letter to NAIC on the Speed to Market Working Group. (March 21, 2001)
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)
Academy letter on proposed standards for privacy of health information to the Department of Health and Human Services. (February 17, 2001)
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)