The Non-Guaranteed Elements Work Group submitted comments to the New York Department of Financial Services on re-proposed 11NYCRR 48 (insurance regulation 210) on life insurance and annuity non-guaranteed elements. (June 22, 2017)
The latest issue of the Enrolled Actuaries Report has coverage of the 2017 Enrolled Actuaries Meeting, including plenary sessions on the post-election climate in Washington; actuarial standards of practice and actuarial communications, ASOPs for pension actuaries; lifetime income options; and ethics and professionalism. (June 21, 2017)
Two of the shrewdest, most seasoned commentators on politics today—nationally syndicated columnist and PBS NewsHour political analyst Mark Shields and ABC News contributor and veteran Republican campaign consultant Alex Castellanos—will provide a candid analysis and discussion with the audience of what’s going on in Washington at a Nov. 15 Annual Meeting and Public Policy Forum general session. (June 20, 2017)
Members of several Health Practice Council Committees provided presentations at the SOA Health Meeting on the criteria for evaluating long-term care reform, telehealth from an international perspective, and the current legislative and regulatory environment for health care reform. (June 15, 2017)
The Government Mandates Work Group published a new issue brief providing information on the impact of laws and regulations on consumer cost and consumer choice for annuity and life insurance benefits. (June 15, 2017)
The June HealthCheck covers the latest Academy activities in the health care sphere, including a roundup of recent media coverage. Also in this issue are comments by the Health Practice Council and Medicare Subcommittee to Congress, and legislative, judicial, and regulatory updates from the states and the federal government. (June 14, 2017)
The Academy is pleased to announce that two-time Pulitzer Prize-winning Washington Post reporter Bob Woodward will deliver the keynote address at the Academy’s Annual Meeting and Public Policy Forum on Nov. 14. Woodward, one of the journalistic duo who broke the Watergate story and a best-selling author of books covering the last eight presidents, will bring his fact-based, tough-minded reporting perspective and extensive historical knowledge of the presidency to the key question of what the non-traditional Trump presidency means for the country. Register today, and join us. (June 14, 2017)
The C1 Work Group submitted comments to the NAIC with revised recommendations on corporate bond risk-based capital (RBC) factors based on changes to the representative portfolio. (June 08, 2017)
The PBR Governance Work Group submitted comments to the Actuarial Standards Board (ASB) on the exposure draft for a new ASOP, Principle-Based Reserves for Life Products. (May 31, 2017)
The Medicare Subcommittee sent comments to the House Ways and Means Health Subcommittee on preserving and strengthening the Medicare program. (June 01, 2017)
What do the varied stages of life, and one’s professional career, mean for the practical application of professionalism principles to issues actuaries deal with in their everyday work? Joeff Williams, vice president, professionalism, and Committee on Qualifications Chairperson Keith Passwater look at these issues in the context of the Code of Professional Conduct and more. (Actuarial Update, May 2017) (May 31, 2017)