Description: A high level review of recent developments in the area of professional standards of practice on Modeling, with exploration of a few of the contentious issues.

Description: The Taxation Section recently conducted a survey to gather information on the role of the tax actuary within insurance companies.

Description: Editor's preview of the September 2008 issue of the LTC Section news, including articles on claim reserves, claimant perspectives, independent providers, caregiver perspectives, and recent research. projects.

Description: This article introduces CERA- Chartered Enterprise Risk Analyst including information on the examination requirements.

Description: For establishing the ongoing adequacy of claim reserves for blocks of long-term care insurance, retro testing is a blunt tool, the results of which are not conclusive. Claim reserve retro tests should be reviewed by claim duration, include the impact of interest consistently, and include updated assumptions that can have an impact on claim termination rates or other factors. The new NAIC LTC Experience Reporting Forms estimated to arrive for reporting year 2008 will help modernize LTCI retro tests, providing additional accuracy and standardization. Actuaries should not wait for these forms, but rather ensure that any claim reserve analysis moves beyond a basic calendar year retro test.

Description: Resources to help actuaries advance their careers.

Description: The article is based on a study of root causes in insurer insolvencies and impairments, with the focus on potential risk factors and prevention measures.

Description: Discusses pending and possible changes in the evolution of professional development and public policy.

Description: A discussion of risk-relevant resources available at the Society of Actuaries Risk Management Task Force Web site