Keeping you in the know—the latest news from the Academy
Post-NAIC Spring Conference Recap: Hot Topics from Phoenix
Catch up on all the NAIC news during this recap. Academy policy analysts share key highlights of the spring meeting and look ahead to issues likely to be discussed at the NAIC Summer National Meeting, set for August in Chicago. They share updates on priority projects and identify ongoing opportunities to provide an actuarial perspective with state insurance commissioners, other regulators and stakeholders, and industry professionals.
Catch up on all the NAIC news during this recap. Academy policy analysts share key highlights of the spring meeting and look ahead to issues likely to be discussed at the NAIC Summer National Meeting, set for August in Chicago. They share updates on priority projects and identify ongoing opportunities to provide an actuarial perspective with state insurance commissioners, other regulators and stakeholders, and industry professionals.
Bias in P/C Insurance: Updates from the Committee on Equity and Fairness
During this webinar, P&C Committee on Equity and Fairness members shared updates on their current activities, including the regulatory outlook in Colorado and Washington, D.C., and provided a preview of the committee’s upcoming papers on fraud, governance, and marketing and underwriting.
This joint pension and life practice area webinar was a follow-up to the popular breakout session from Envision Tomorrow 2023, and brought together subject matter experts for a panel discussion that covered the regulatory and structural evolution of insurance companies that provide pension risk transfer group annuity contracts.
Committees Comment to FASB on Financial Reporting Draft
The Financial Reporting Committee and the Life GAAP Reporting Committee sent a comment letter to the Financial Accounting Standards Board (FASB) on the exposure draft of Chapter 6: Measurement, of Concepts Statement No. 8, Conceptual Framework for Financial Reporting.
Academy Senior Health Policy Analyst Matthew Williams provided an update on the Health Practice Council (HPC) activities of interest to the National Association of Insurance Commissioners (NAIC) Health Actuarial (B) Task Force during its 2024 Spring National Meeting. Topics included key policy priorities and project updates for the HPC, as well as current workstreams with the NAIC Health Risk-Based Capital (E) Working Group (HRBC) on tiered risk-based capital factor development.
Academy Senior Fellow Rich Gibson provided a brief overview of the Committee on Cyber Risk to NAIC’s Cybersecurity (H) Working Group. The presentation highlighted the cyber risk toolkit, including an overview on the papers in the toolkit, papers expected to be published in the toolkit later this year, the public policy department’s ongoing research project on cybersecurity, and how the Academy and the committee can be helpful to the Cybersecurity (H) Working Group now that cyber insurance is included in their charges.
Academy Casualty Policy Analyst Rob Fischer provided an update on the Casualty Practice Council (CPC) activities of interest to NAIC’s Casualty Actuarial (C) Task Force, including an update on recent publications, and anticipated releases from other CPC workstreams of interest to the NAIC.