Academy News

It was the seventh consecutive season with an elevated seasonal value of above 1.5 while the five-year moving average remained at the high set in winter 2016-17, driven by sea level changes in the Atlantic and Gulf Coast regions. Read the news release. (January 17, 2018)

The Academy is pleased to report that the Federal District Court in Washington, DC, late Friday, Jan. 12, granted in entirety the Academy's Motion to Dismiss the lawsuit filed by Timothy Sharpe. This is a significant victory upholding the validity of the profession's disciplinary process. You can read the decision here. (January 16, 2018)

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 12, 2018)

The Big Data Task Force submitted comments to the NAIC's Big Data (EX) Working Group on their recent exposures.  (January 12, 2018)

The Academy released a summary of select significant regulatory and legislative developments in 2017 at the state, federal, and international levels of interest to the U.S. actuarial profession. (January 12, 2018)

The January HealthCheck covers the Health Practice Council’s letter to Congress regarding the pending elimination of the Affordable Care Act’s individual mandate following passage of the new tax-reform law, the Department of Labor’s proposed rule on association health plans, the release of the Center for Consumer Information & Insurance Oversight’s 2019 Actuarial Value calculator and methodology, and Congress funding the Children’s Health Insurance Program. (January 10, 2018)

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 05, 2018)

In the January/February issue of Contingencies, the cover story, “Autonomous Vehicles—Next Steps in the Hands-Free Revolution,” looks at a future with more driverless cars on the road. Other features include “Robots Join the Team,” which looks at how actuaries’ future work will be changed substantially with the rise of robotic automation, and “The Case for Variable LTC Insurance,” which looks at claims, costs, and benefits of long-term care insurance. Also, “To Tell or Not to Tell,” covers Precept 13 of the Code of Professional Conduct; Academy President Steve Alpert kicks off his president’s messages with “The Profession, Professionalism, and the Public”; and a legacy end-paper on “How Will You Be Remembered?” (January 02, 2018)

In the December Actuarial Update, read about the new webinar series from the Academy and the Canadian Institute of Actuaries, which will begin with a Jan. 17 webinar on the roles of professional actuarial organizations in the two countries. Also covered: A Dec. 20 professionalism webinar looked at Actuarial Board for Counseling and Discipline ethical cases; Academy volunteers and representatives presented at the NAIC Fall 2017 National Meeting; the Health Practice Council’s comments on the elimination of the Affordable Care Act’s individual mandate; and the “Professionalism Counts” column by ABCD Chairperson Richard Block, which covers compliance with the Code of Professional Conduct and the Code’s Precept 14. (December 29, 2017)

The Retirement System Assessment and Policy Committee published an issue brief providing an actuarial perspective on the role of U.S. tax policy in retirement security. (December 28, 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. (December 22, 2017)

The Committee on Property and Liability Financial Reporting (COPLFR) released the Statements of Actuarial Opinion on P/C Loss Reserves practice note. (December 19, 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. (December 15, 2017)

The winter StateScan Quarterly highlights state legislation in the past quarter related to auto insurance, health insurance marketplace changes, pension plans, principle-based reserving, and more. For a comprehensive review, log in to StateScan, the legislative and regulatory portal free for Academy members. (December 14, 2017)

The latest issue of the Enrolled Actuaries Report features coverage of pension sessions at the Academy’s Annual Meeting and Public Policy forum; the recently released lifetime income position statement; the Pension Committee-hosted Dec. 8 webinar on lump-sum benefits valuation; and the Multiemployer Plans Committee’s comments to the Pension Benefit Guaranty Corporation (December 14, 2017)