Academy News

Read about the recent adoption of ASOP No. 47, second exposure approval of ASOP No. 4, proposed modeling drafts, plus more! (January 09, 2013)

The Academy wrote a letter to The New York Times in response to an op-ed that questioned whether longevity risk was posing new problems for Social Security and if actuaries had taken this into account. In the letter, the Academy said Social Security actuaries assess longevity rates as well as other factors regularly. The larger issue, however, is that the president and Congress should address now Social Security’s long-term solvency. (January 09, 2013)

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. (January 04, 2013)

Read about the Academy’s decades-long work toward the adoption of  principles-based reserving for life insurance products, how the implementation of the Affordable Care Act will affect young adults, the impact of obesity on employer-based health care and workers’ compensation programs, and much more. (January 02, 2013)

Read about the Academy’s recent activities in the latest edition of the Actuarial Update. (December 21, 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. (December 21, 2012)

Read about recent health care reform activities in the latest edition of HealthCheck. (December 19, 2012)

The Committee on Property and Liability Financial Reporting released its 2012 practice note on Statements of Actuarial Opinion on P&C Loss Reserves. (December 17, 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. (December 14, 2012)

The Life Practice Council presented a webinar reviewing the NAIC Fall 2012 National Meeting and progress on the principle-based approach (PBA) to life reserves. The December 13 webinar included a Fall 2012 LATF update, PBR update, and a presentation on the 2012 Individual Annuity Mortality Tables and Model Regulation. (December 13, 2012)

This webinar discusses peer review and common practices actuaries can use to determine whether voluntary peer review of their actuarial services and actuarial communications may be beneficial. (December 12, 2012)

Read about issues that affect pension actuaries and the Academy’s work to advance sound pension policy in the latest edition. (December 12, 2012)

The Social Security Committee updated its 2004 issue brief on means testing for Social Security. Means testing is one option to reform the Social Security program that would reduce or eliminate benefits for wealthy and/or high-income participants and beneficiaries as a means of reducing costs. (December 11, 2012)

The Annuity Illustration Subgroup sent a comment letter to the Iowa Insurance Division on selected FAQs in its October 18, 2012 draft memorandum. (December 11, 2012)

The Actuarial Guideline 43/C-3 Phase II Work Group sent comments to the NAIC’s C-3 Phase II/AG 43 (E) Subgroup on its November 1, 2012 Work Plan Draft. (December 10, 2012)