The Academy's Tax Work Group released a white paper outlining the most significant changes in the taxation of life insurance companies that were made by the Tax Cuts and Jobs Act of 2017 (TCJA).

The Pension Committee published an issue brief detailing Pension Benefit Guaranty Corporation (PBGC) single-employer premiums and considering their impact on pension plan sponsorship.

The Fall Casualty Quarterly leads with a Q&A about wildfires, following recent West Coast wildfires and the Academy’s new Essential Elements paper on the topic. Also, a webinar on workers’ compensation and COVID-19, the Academy’s comments to the NAIC on a predictive-models exposure draft, and a second update to the 2017 flood insurance monograph as Congress extended the National Flood Insurance Program for another year.

The Pension Committee released an exposure draft of a practice note providing background and ideas about how a pension actuary might comply with ASOP No. 56, Modeling. Please send comments to the pension policy analyst of the American Academy of Actuaries at pensionanalyst@actuary.org by January 31, 2021.