The Contingent Annuity Work Group sent comments to the NAIC’s Contingent Deferred Annuity Working Group regarding regulatory guidelines for CDAs.

In this month’s HealthCheck, read about the Academy’s long-term care work groups’ updates on various projects during the NAIC Summer meeting, a letter from the Academy’s Joint Committee on Retiree Health to the Governmental Accounting Standards Board, amendments to the Long-Term Care Insurance Model Regulation adopted by the NAIC Joint Executive Committee and Plenary and much more. 

The Academy’s elections for three regular director positions will be open until Sept. 15, so members are urged to vote now. Please check your email for a message from electionadmin@intelliscaninc.net for your online ballot, or visit the Intelliscan website to vote online. If you need help with or have questions about your ballot, send an email to Keith Wier at kwier@intelliscaninc.com.

The Reinsurance Committee submitted comments to the National Association of Insurance Commissioners’ (NAIC) Reinsurance (E) Task Force’s exposure draft, Securities Listed by the Securities Valuation Office, that specifically address the security provided for the purpose of collateralizing reinsurance obligations.

The American Academy of Actuaries announced today that David J. Nolan has joined the organization as its new director of communications and Mary Beth Merrin, Ph.D., has joined the organization as its new director of membership. Click here to read the full news release.

The Joint Committee on Retiree Health sent a letter to the Governmental Accounting Standards Board commenting on proposed statements of accounting and financial reporting by governmental employers for other postemployment benefits (OPEBs).