Description: This article provides a brief synopsis of the paper Limitations on Liabilities for Actuarial Services and describes the paper's availability. From Pension Section News, March 2004, Issue No. 54.

Description: In this era of enterprise risk management, actuaries should reassess what we tell the public about what we provide. We should allow buyers to make informed choices based upon all the facts. We should recognize that regulatory and judicial forces will be focused on the products we produce for a very long time. This 2004 editorial from The Actuary Magazine discusses some common financial practices that are undergoing closer regulatory scrutiny.

Description: The author summarizes reader responses to the previously published “Jam Sandwich” case study, which illustrated one challenge of being stuck in the middle of a management situation. Reader responses including references to potential violations of the Code of Professional Conduct and to Actuarial Standard of Practice No. 23, ‘Data Quality’ as well as suggestions for corrective action. From ‘The Stepping Stone’ issue number 43.

Description: Feature article describing a hypothetical workplace dilemma and asking readers for answers to the problem.

Description: Feature article highlighting readers’ responses to a previously published hypothetical workplace dilemma where unlocking assumptions resulted in an unexpected DAC writedown.

Description: Responses to the previous issue’s Actuarial Ethicist case study where a new CEO questioned the conservative nature of the chief actuary's LTD claim reserves.

Description: The author discusses ethical decision making and how ethical and moral decisions differ.

Description: This second article about ethical decision making for actuaries focuses on practical issues confronting ethical decision makers and offers some possible solutions.

Description: A review of the book "The (Honest) Truth About Dishonesty" by Dan Ariely. The book is about lying, cheating, stealing, and shaving the truth -- something done by everybody, but the factors influencing this can be a bit surprising.

Description: The Minnesota Cognitive Acuity Screen MCAS is a brief cognitive screen that has been validated to correctly identify mild to moderate cognitive impairment in 98.1 percent of all cases. The MCAS has been in use in the LTCI industry for more than five years, and has shown excellent results in reducing early cognitive claims.