PUBLIC POLICY STATEMENTS (PRACTICE NOTES)

April 5, 2005
Life Financial Reporting Committee practice note on anticipated common practices relating to AICPA Statement of Position 03-1: accounting and reporting by insurance enterprises for certain nontraditional long-duration contracts and for separate accounts.
December 2, 2004
Life Valuation Subcommittee practice note updating the initial practice notes written in 1995 regarding asset adequacy analysis practices used by appointed actuaries in the United States.
May 1, 2003
PLEASE NOTE: This practice note was superceded by the 2012 Long-Term Care Insurance Compliance with the NAIC LTCI Model Regulation Relating to Rate Stability practice note. Practice Note developed by the Long-Term Care Work Group of the State Health Committee to  provide guidance to LTCI pricing actuaries when pricing LTCI policies under the rate stability provisions of the 2000 Model Regulation by providing examples of some reasonable approaches that could be taken in performing this work.
December 1, 2002
Practice note presenting questions relative to the National Association of Insurance Commissioner’s (NAIC) Actuarial Guideline XXXIX – Reserving for Variable Annuities with Guaranteed Living Benefits.
May 15, 2001
PLEASE NOTE: This practice note was withdrawn by the Pension Practice Council (September 12, 2012).
July 23, 1999
Committee on State Life Insurance Issues practice note divided into two sections, statutory reserve and accounting requirments, and asset adequacy analysis considerations.
July 18, 1999
Committee on State Life Insurance Issues practice note presenting a description of some of the current practices that could be used by illustration actuaries in the United States.
July 13, 1999
Life Insurance Financial Reporting Committee practice note regarding policyholder protection in mutual life insurance company reorganizations.
July 10, 1999
Life Financial Reporting Committee practice note regarding the distribution of policyholder equity in a demutualization.
July 3, 1999
Committee on Life Insurance practice note regarding additional questions to some of the current practices that could be used by illustration actuaries in the United States.
July 1, 1999
Committee on Life Insurance practice note presenting a description of some of the current practices that could be used by illustration actuaries in the United States.
November 30, 1995
State Health Committee work group practice note discussing acceptable practice for all forms of group and individual accident and health policies and contracts. The practice note does not apply to post retirement benefit obligations at this time, but may apply to products sold in meeting these obligations.
November 2, 1995
Practice Note developed by the Committee on Health Financial Issues that addresses questions and issues regarding the valuation actuary’s responsibilities under the Standard Valuation Law, the NAIC model Actuarial Opinion and Memorandum Regulation, and the Actuarial Standards Board’s actuarial standards of practice (ASOPs) related specifically to determining adequate reserve levels and asset adequacy for long-term care insurance. 
November 1, 1995
PLEASE NOTE: This practice note was superceded by the 2013 practice note on large group medical business. Practice Note developed by a work group of the State Health Comittee to address issues related to groups not affected by small group reform and in excess of 50 lives where retrospective experience rating and self-funding are employed.
November 1, 1995
PLEASE NOTE: This practice note was superceded by the 2005 practice note on individual major medical insurance.
November 1, 1995
PLEASE NOTE: This practice note was superceded by the 2006 practice note on group long-term disability income business.
November 1, 1995
Practice Note developed by a work group of the State Health Committee to address the issue of small group certification requirements. PLEASE NOTE: This practice note was superseded by the 2009 practice note on the Actuarial Certification of Restrictions Relating to Premium Rates in the Small Group Market.