The Short-Duration Contracts Work Group released a new white paper, Challenges and Issues Implementing the FASB Short-Duration Contract Disclosures, for exposure comments through March 15. (February 17, 2016)
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. (February 12, 2016)
The Committee on Property and Liability Financial Reporting (COPLFR) submitted comments to the NAIC’s Actuarial Opinion (C) Working Group on the Actuarial Opinion Instructions. (February 12, 2016)
The Public Plans Subcommittee submitted comments to the Governmental Accounting Standards Board on the exposure draft on Pension Issues—an amendment of GASB Statements No. 67, No. 68 and No. 73. (February 12, 2016)
The February issue of HealthCheck includes a call for volunteers for the HPC Communications Committee, highlights the health-related items in President Obama’s fiscal year 2017 budget proposal, covers three recent Academy webinars on health care issues, and notes several work groups’ comment letters to the NAIC. (February 10, 2016)
The Academy has launched the U.S. Qualification Standards Attestation Form, which was developed to help actuaries voluntarily demonstrate how they meet the U.S. Qualification Standards (USQS) specific requirements for signing NAIC annual life, health, and property & casualty statements of actuarial opinion (SAOs). If you do not issue NAIC annual statements, you can still use the Attestation Form to attest to the general qualifications of the USQS. Read more about the Attestation Form here. To go directly to the form, click here. (January 13, 2016)
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. (February 05, 2016)
Senior Property/Casualty Fellow Jim MacGinnitie submitted comments to the NAIC/IAIABC Joint (C) Working Group on the 2015 Workers’ Compensation Large Deductible Study draft. (February 05, 2016)
The Committee on Property and Liability Financial Reporting (COPLFR) submitted comments to the NAIC's Statutory Accounting Principles (E) Working Group on the proposed Treatment for Fees Incurred for Salvage/Subrogation Recoveries. (February 03, 2016)
The ERM/ORSA Committee released a public-policy overview on the role of regulatory actuaries in reviewing Own Risk and Solvency Assessment (ORSA) reports. (February 01, 2016)
In the latest issue of Actuarial Update, read about the Academy’s new U.S. Qualification Standards (USQS) Attestation Form, and Immediate Past President Mary D. Miller’s column on the “team effort” it took to complete it. Also in this issue: the Academy names a new senior pension fellow, Ted Goldman; Contingencies, HealthCheck, and the Winter EAR were released; the Professionalism Counts column covers available USQS resources; and Life & Health and P/C law manuals are available. (February 01, 2016)
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 29, 2016)
The Actuarial Guideline 43/C-3 Phase II Work Group submitted comments to the NAIC on the variable annuities blanks proposal exposed on Nov. 19. (January 29, 2016)
The Life Illustrations Work Group (LIWG) submitted comments to the NAIC’s Life Insurance and Annuities (A) Committee on the new working group formed to explore disclosures required in Model #580 and #582. (January 29, 2016)
The Committee on Property and Liability Financial Reporting (COPLFR) submitted comments to the NAIC/IAIABC Joint (C) Working Group on the 2015 Workers’ Compensation Large Deductible Study draft. (January 19, 2016)
