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On February 15, 2023, changes to Actuarial Standard of Practice (ASOP) No. 4 will be effective, and defined benefit plans will need to comply with these new rules in all actuarial...
The American Academy of Actuaries issued the following letter:. To: Honorable Mark Afable, Chair, Honorable Grace Arnold, Vice Chair, Accelerated Underwriting Working Group, National Association of Insurance Commissioners. We have reviewed the Ad Hoc Drafting Subgroup exposure draft of Nov. 8, 2021, and are pleased to have the opportunity to provide the...