Description: Article from The Actuary, November 1971 – volume 5 - Issue 9 is an update on the current efforts of the ALC-LIAA Joint Actuarial Committee to bring about certain changes in the Standard Valuation Law and the Standard Non-forfeiture Law. These efforts may have an important influence on operations of life insurance companies in the United States.

Description: The President brings attention to the readers that the responsibility of the actuarial profession at large is to the future and the public.

Description: The Joint Actuarial Committee of the American Life Convention and the Life Insurance Association of America has been considering changes needed in the Standard Nonforfeiture and Standard Valuation laws in light of the high level of interest rates currently available and expected for future years.

Description: A Discussion of why female mortality is higher than male mortality at higher ages.

Description: Discussion of developments with regards to addressing major medical care needs since 1959, including the passage of Medicare.

Description: This article highlights some of the issues associated with joint and last survivor policies, including nonforfeiture determination, calculations using joint age versus exact ages, and common disaster issues.

Description: The article discovers that mortality is higher for females than for males at higher ages, and suggests "stress" as the explanation. It then discusses mental illness research, including recovery therefrom.

Description: This article highlights a new career for actuaries, actuarial counseling. Actuarial professionals who are trained, skilled, and experienced can act independently to help individuals meet their financial challenges.

Description: Since the Committee On Discipline was formed in 1976, eleven disciplinary actions have heen taken by the Society. This article’s purpose is to describe how the committee operates, the members of the commitee and to clear up some of the mystery that surrounds the Committee’s work.

Description: Gives a preliminary report of progress to date on Advisory Committee on Means of Encouraging the Preparation and Distribution of Actuarial Literature and Studies. Describes some ideas on how to ensure valuable, timely, sharing of actuarial published materials with the profession.