Kasha Shelton Promoted to Academy’s Director of Membership
The Academy has promoted Kasha Shelton to director of membership, effective immediately. Shelton has served the organization for over 20 years in various roles in both the Public Policy and Membership departments. She started her tenure at the Academy as an administrative assistant in Public Policy and has since advanced progressively through more responsible positions in both departments, before ultimately landing in the Membership Department in July 2008, most recently serving in the position of assistant director of membership relations/administration.
Shelton has demonstrated her dedication and commitment to the Academy’s goals and mission over many years, and her vital understanding of the interests and needs of our volunteers and members have contributed greatly to the Academy’s achievements in all the areas that she has been involved with—including meetings and special events—and she has become essential to every aspect of the Academy’s membership communications and policies.
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June 30 Comment Deadline for ASOP No. 11
A reminder that the June 30 deadline is approaching for comments on the exposure draft of ASOP No. 11, Reinsurance Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports. The ASB extended a previous deadline because of the coronavirus pandemic. The exposure draft can be viewed here.
Public Policy Activity
The Life Underwriting and Risk Classification Work Groupgave a presentation on actuarial perspectives on accelerated underwriting to the NAIC Accelerated Underwriting (A) Working Group.
The Life Illustrations Work Group sent a comment letter to the NAIC Life Actuarial (A) Task Force regarding the illustrations of Indexed Universal Life (IUL) insurance policies under Actuarial Guideline XLIX (AG 49) and the American Council of Life Insurers’ redline of AG 49A.