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

Description: This article is a follow up to the March 1996 article that introduced the concept of the actuarial counselor. Feedback indicates a strong interest in this professional direction and the author suggests steps that could be taken by the SOA or others to support this concept.

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.

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