Academy News

The American Academy of Actuaries is delighted to announce that Kevin M. Ryan, an actuary with decades of regulatory, executive, and consulting experience, was named as the Academy’s senior property and casualty fellow effective Sept. 1, 2017. Read the news release.  (September 05, 2017)

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 01, 2017)

In the September/October issue of Contingencies, the cover story, “An Imperfect Storm,” looks at what we know—and don’t know—about weather modeling and climate risk, and how the U.S. weather monitoring infrastructure can be improved. Other features include a look at so-called doomsday factors and how they are interrelated, and “Patterns and Noise,” which explores resource complexity as it relates to information theory, efficiency, and marginal improvements. Also in this issue, the final “Presidential Papers” article, on how to set the temperature to “ethical”; an “International Corner” piece on the health care systems and outcomes of Europe; how to ensure a client uses your work product appropriately; and more. (September 01, 2017)

The August Actuarial Update announces the Academy’s new regular directors, who will begin their terms at the conclusion of the Academy’s Annual Meeting on Nov. 14. Also in this issue: acclaimed journalist Bob Woodward, who will keynote the Annual Meeting and Public Policy Forum lauds actuaries’ “objective, independent work” (early registration rates are still available); the Academy made numerous professionalism and public policy presentations at the NAIC Summer 2017 National Meeting; the “Professionalism Counts” column covers the “must,” “should,” and “may” aspects of actuarial standards of practice; and the Academy welcomed almost 450 new members in the first half of 2017. (August 31, 2017)

The Academy sent a letter to members of Congress regarding the importance of an actuarial perspective on tax reform proposals and discussions. (August 31, 2017)

The Casualty Practice Council sent a letter to members of the U.S. House of Representatives urging reauthorization and reform of the National Flood Insurance Program. (August 30, 2017)

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. (August 25, 2017)

The Casualty Practice Council sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs urging reauthorization and reform of the National Flood Insurance Program. Read the news release. (August 23, 2017)

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. (August 18, 2017)

Guest columnist Rachel Hemphill, chief systems actuary at the California Department of Insurance, writes the summer issue's lead column with an overview of predictive analytics from a regulatory perspective. Also in this issue, the Academy is hosting a post-NAIC webinar focusing on casualty issues, and a recap of relevant legislative and regulatory activities that may affect your practice. (August 16, 2017)

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. (August 11, 2017)

Academy President Bob Beuerlein sent a memo to Academy volunteers underscoring the importance of Academy policies in the context of committee work. Volunteers and interested parties “must do that work solely in the best interest of the Academy,” Beuerlein writes, and that means keeping drafts and deliberations of Academy groups confidential and adhering to the Academy’s Conflict of Interest policy. (August 11, 2017)

The Academy presented on both public policy and professionalism matters at the National Association of Insurance Commissioners (NAIC) 2017 Summer National Meeting Aug. 6-9 in Philadelphia, PA. A wide range of public policy topics across the Academy's practice areas were covered at the meeting, including: health insurer cost-sharing reduction (CSR) reimbursements, principle-based reserving for life insurance and other products, Long-Term Care Insurance (LTCI),  the availability and affordability of automobile insurance, and reauthorization of the National Flood Insurance Program. (August 11, 2017)

The August HealthCheck covers the Health Practice Council’s recent activity surrounding congressional health care legislation, including a policy paper on cost-sharing reduction FAQs; a new issue brief on Medicare’s financial condition; and legislative, judicial, and regulatory updates from state and federal government. (August 09, 2017)

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. (August 04, 2017)