The Pension Practice Council sent comments to the Pension Committee of the Actuarial Standards Board regarding its discussion draft, Assessment and Disclosure of Risk Associated with Pension Obligations, Plan Costs, and Plan Contributions. (October 01, 2012)
The Casualty, Life, Health, Professionalism, and Financial Reporting Councils submitted comments to the NAIC’s Corporate Governance Working Group concerning the WG’s Proposed Responses to a Comparative Analysis of Existing U.S. Corporate Governance Requirements. (September 28, 2012)
The non-partisan American Academy of Actuaries encourages President Barack Obama and Gov. Mitt Romney to specify in Wednesday’s debate how they will address the financial risks to Social Security and Medicare. (October 01, 2012)
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 28, 2012)
The Financial Reporting Committee submits comments to the Financial Accounting Standards Board on its exposure draft regarding Liquidity Risk and Interest Rate Risk Disclosures and how the proposed amendments would affect insurance companies. (September 26, 2012)
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 21, 2012)
Presenters will provide a status report on the FASB and IASB insurance contracts project. There also will be a discussion of IASB’s work on Phase 2 of the project, the resulting significant changes to the International Financial Reporting Standard (IFRS) on insurance contracts, and the potential changes to U.S. GAAP that are being considered by FASB. Stay tuned for more information! (September 21, 2012)
Join members of the Rate Review Practice Note Work Group on Oct. 12 to learn more about the review and disclosure requirements of “unreasonable” rate increases under the Affordable Care Act (ACA). Presenters will provide an overview of the final practice note and answer questions. (October 01, 2012)
Speakers give an overview of Precept 13 and discuss how to consider applying it in a self-regulating profession. Several case studies are also included. (September 18, 2012)
The Academy released a decision brief highlighting some of the issues that federal and state policymakers and regulators should consider when making their Medicaid expansion decisions. Read the Academy news release. (September 14, 2012)