Description: The October/November 2015 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: This article provides an update on various legislative and regulatory activities including, allowing individual variable annuities, federal standard for fiductiary responsibitlity with respect to pensions, policy loan interest rate and credit insurance issues.

Description: This article is about the very rapid pace of Health care reform on both the national and state level. The challenge is to ensure that viable financing vehicles are developed for cost effective health care delivery.

Description: This article is about the comprehensive health care reform proposal from the Clinton Administration.

Description: The author outlines the Academy's analysis of Clinton health care premiums, standard benefits, mental health benefits.

Description: This article describes the new state of Washington regulation governing replacements noting problems with the formula used and offering improvements.

Description: The Actuary Vol. 22, No. 1. This article discusses the impact of a change in procedure in the financing of the US Military Retirement System. The change requires amortizing the past service liability. The impact will depend upon whether the amortization is achieved by increasing current taxes and decreasing the current deficit, or by merely increasing the national debt and leaving the current deficit unchanged. The author asserts that the new financing method will not weaken the financial condition of the military retirement system, and that it has the potential to strengthen its financial condition if the funding of the past service liability is handled appropriately.

Description: This article discusses new developments on the regulatory front. Under the new agreement, insurance company management and boards will be required to issue a statement that reflects their judgment about the firm’s viability, including its capital adequacy. The required opinion will have five elements - identifying risks, measuring risks, a risk feedback loop, a risk tolerance statement, and a risk policy.

Description: This article discusses the new Kassebaum-Kennedy bill a.k.a. HIPPA and looks at future of individual health insurance plans, which will be determined at the state level.

Description: Discussion as to whether within an organization an actuary's regulatory role can conflict with his business-oriented role or be aligned with the strategic goals of the company.