Academy President Tom Campbell sent a letter of recommendation to the U.S. Department of Health and Human Services for Annette James, chairperson of the Academy’s Health Equity Work Group, as a candidate for appointment to the COVID-19 Health Equity Task Force as put forward in a presidential executive order, Ensuring an Equitable Pandemic Response and Recovery. (February 01, 2021)
This “Professionalism Counts” column covers reliance as a matter of responsibility. (January 29, 2021)
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, 2021)
The January Actuarial Update features the Academy-published book, The Magic School Bus Takes a Risk: A Book About Probability, back by popular demand. It offers grade-school-age children, including traditionally underrepresented groups, an introduction to the actuarial profession, showing how math can take them on amazing journeys. Also in the issue: the Academy offered its expertise on public policy issues to new members of Congress, key Biden administration officials, and state insurance commissioners; life and P/C law manuals are available for purchase and immediate download; life and P/C webinars covered key issues in the new year; a new issue brief on LTC insurance and COVID-19; and the “Professionalism Counts” column covers reliance as a matter of responsibility. (January 29, 2021)
The ERM/ORSA Climate Risk Disclosures Work Group Chair, Michelle Young, and Academy Assistant Director for Research, Steve Jackson, shared an update to the NAIC Climate Risk and Resiliency (EX) Task Force on the Climate Risk Disclosures Survey Analysis project. (January 27, 2021)
The ERM/ORSA Climate Related Financial Disclosures Working Group shared an update to the National Association of Insurance Commissioners (NAIC) Climate and Resiliency (EX) Task Force at its National Meeting. Work Group Chair, Michelle Young, and Academy Assistant Director of Research, Steve Jackson, shared the group's research and analysis thus far, along with plans for phase two of the project. ()
Steve Jackson, Academy Assistant Director for Research, shared an update on the Scalars Project to the National Association of Insurance Commissioners (NAIC) International Insurance Relations (G) Committee. (August 12, 2020)
The Long-Term Care Reform Subcommittee's COVID-19 Work Group released their issue brief on COVID-19’s potential short-term and long-term impacts on long-term care insurance (LTCI), focusing on key actuarial and economic assumptions impacting standalone LTCI policies. Read the news release. (January 25, 2021)
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 22, 2021)
The Winter HealthCheck includes a Q&A with Academy Senior Health Fellow Cori Uccello on some of the key health-related issues likely to be addressed by the incoming Biden administration and the new Congress. Also in the issue, the Health Solvency Committee commented to the NAIC on several issues; a recap of the Annual Meeting and Public Policy Forum’s health breakout sessions; the Life and Health Valuation Law Manual is available for preorder; and recent state and federal legislative, regulatory, and judicial activity. (January 19, 2021)
The Committee on Property and Liability Financial Reporting (COPLFR) released the practice note, Statements of Actuarial Opinion on P/C Loss Reserves (2020), which includes discussion regarding changes in the NAIC Annual Statement Instructions—Property/Casualty (NAIC Annual Statement Instructions) regarding the Actuarial Opinion, the Actuarial Opinion Summary, and Actuarial Report, as well as COVID-19 considerations. (January 19, 2021)
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 15, 2021)
The Solvency Committee submitted comments to the Federal Insurance Office regarding its Study on the Insurance Capital Standard (ICS). (January 15, 2021)
The Health Solvency Subcommittee sent a comment letter in response to a request from the NAIC’s Health Risk-Based Capital (E) Working Group providing additional detail regarding the potential investment income adjustment factor for Health H2 Experience Fluctuation Risk. (January 11, 2021)
The Casualty Practice Council filed comments on the Actuarial Standards Board exposure draft, Using Models Outside the Actuary's Expertise (Property and Casualty). (January 15, 2021)
