Academy News

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (February 02, 2018)

The January Actuarial Update covers the first webinar in the joint series by the Academy and the Canadian Institute of Actuaries, which outlined the organizations’ roles in their respective countries. Also in this issue, the Academy released its year-in-review legislative and regulatory alert; a federal court dismissed a lawsuit against the Academy in a discipline case; Professionalism Vice President D. Joeff Williams reviews the purpose of the annual conflict-of-interest and continuing education acknowledgments; and the “Professionalism Counts” column, “New Standards for the New Year,” by Actuarial Standards Board Chairperson Beth Fitzgerald, highlights several new actuarial standards of practice. (January 31, 2018)

At its January meeting, the Academy Board of Directors updated its existing meetings policy to ensure that the objectivity and independence of the Academy continue in our public policy and professionalism work. The work of Academy volunteers and committees needs to be done in a deliberative environment that is robust, frank, and considers diverse sources of information and different perspectives, free from any specific interests of the employers of its members or of any other special interest group or organization. The revised policy will clarify and strengthen the Academy’s efforts to continue the quality of work on which our reputation is built with the integrity that is expected. The updated policy has been posted to the Academy Policies and Guidelines section of our website. (January 31, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (January 26, 2018)

The Academy offered public policymakers actuarial expertise on health insurance, Social Security, retirement income, financial services, the NFIP and other issues ahead of Tuesday night’s speech by President Trump. “As we learn the president’s priorities for 2018, and Congress debates proposals affecting the sustainability, design, and other aspects of these plans and systems, the Academy’s expert fellows are available to discuss their actuarial implications,” said Academy President Steve Alpert. Read the news release. (January 25, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (January 19, 2018)

It was the seventh consecutive season with an elevated seasonal value of above 1.5 while the five-year moving average remained at the high set in winter 2016-17, driven by sea level changes in the Atlantic and Gulf Coast regions. Read the news release. (January 17, 2018)

The Academy is pleased to report that the Federal District Court in Washington, DC, late Friday, Jan. 12, granted in entirety the Academy's Motion to Dismiss the lawsuit filed by Timothy Sharpe. This is a significant victory upholding the validity of the profession's disciplinary process. You can read the decision here. (January 16, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (January 12, 2018)

The Big Data Task Force submitted comments to the NAIC's Big Data (EX) Working Group on their recent exposures.  (January 12, 2018)

The Academy released a summary of select significant regulatory and legislative developments in 2017 at the state, federal, and international levels of interest to the U.S. actuarial profession. (January 12, 2018)

The January HealthCheck covers the Health Practice Council’s letter to Congress regarding the pending elimination of the Affordable Care Act’s individual mandate following passage of the new tax-reform law, the Department of Labor’s proposed rule on association health plans, the release of the Center for Consumer Information & Insurance Oversight’s 2019 Actuarial Value calculator and methodology, and Congress funding the Children’s Health Insurance Program. (January 10, 2018)

Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (January 05, 2018)

In the January/February issue of Contingencies, the cover story, “Autonomous Vehicles—Next Steps in the Hands-Free Revolution,” looks at a future with more driverless cars on the road. Other features include “Robots Join the Team,” which looks at how actuaries’ future work will be changed substantially with the rise of robotic automation, and “The Case for Variable LTC Insurance,” which looks at claims, costs, and benefits of long-term care insurance. Also, “To Tell or Not to Tell,” covers Precept 13 of the Code of Professional Conduct; Academy President Steve Alpert kicks off his president’s messages with “The Profession, Professionalism, and the Public”; and a legacy end-paper on “How Will You Be Remembered?” (January 02, 2018)

In the December Actuarial Update, read about the new webinar series from the Academy and the Canadian Institute of Actuaries, which will begin with a Jan. 17 webinar on the roles of professional actuarial organizations in the two countries. Also covered: A Dec. 20 professionalism webinar looked at Actuarial Board for Counseling and Discipline ethical cases; Academy volunteers and representatives presented at the NAIC Fall 2017 National Meeting; the Health Practice Council’s comments on the elimination of the Affordable Care Act’s individual mandate; and the “Professionalism Counts” column by ABCD Chairperson Richard Block, which covers compliance with the Code of Professional Conduct and the Code’s Precept 14. (December 29, 2017)