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)
The Academy's Principle-Based Reserving Review Procedures Work Group submitted a comment letter to the NAIC's Financial Examiners Handbook Technical Group regarding the exposure of proposed changes to the Financial Condition Examiners Handbook. (August 17, 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)
The Pension Committee submitted a comment letter to the ERISA Advisory Council regarding the Annual Funding Notice for Defined Benefit Plans (AFN). (August 16, 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)
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)
The Pension Committee submitted a comment letter to Rep. Devin Nunes regarding incentives to provide annuity payouts from qualified plans. (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 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)
The C2 Life Mortality RBC Work Group presented an update on their work reviewing the C2 RBC requirement for life insurance to the NAIC’s Life Risk Based Capital Working Group. (August 06, 2017)
Tricia Matson, Chairperson of the Academy’s Longevity Risk Task Force (LRTF), presented an update to the Life Risk Based Capital Working Group. (August 06, 2017)
The Annuity Reserves Work Group presented an update on its work related to issues that need to be modified for non-variable annuities to the Life Actuarial Task Force. (August 05, 2017)
Standard Valuation Law Interest Rate Modernization Work Group presented an update to the NAIC's Life Actuarial Task Force (LATF) summarizing its activities on its new project to modernize the process of setting valuation interest rates for non-variable annuities (except SPIAs). (August 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. (August 04, 2017)
