WASHINGTON, March 24 /PRNewswire-USNewswire/ -- With the enactment of health care reform legislation yesterday, the American Academy of Actuaries said the successful implementation of this and forthcoming reconciliation legislation will require coordinated efforts to ensure that the regulatory development process...
The U.S. division of Sun Life Financial Inc. today announced that Larry Madge has been named Senior Vice President and Chief Actuary. He will be responsible for strengthening actuarial processes and controls as well as improving forecasting in order to...
San Diego City Employees Retirement System will launch an RFP to hire an independent actuarial firm to validate the results of the 2009 valuations. Cheiron has been the $4.3 billion systems actuary since 2005. Board rules adopted in 2008 require...
Governor Chet Culver is injecting himself in the middle of a dispute about Wellmarks plan to raise the price of health insurance premiums by 18 percent, on average, for about 80,000 Iowans. Culver has directed the state insurance commissioner to...
CHICAGO Aon Consulting said Friday it agreed to buy a division of JPMorgan Chase & Co.'s retirement unit for an undisclosed amount. JP Morgan Compensation and Benefit Strategies, a division of JP Morgan Retirement Plan Services LLC, provides compensation, retirement...
The American Academy of Actuaries, the public face of a behind-the-scenes profession, is in disarray after quietly sacking its incoming president, then trying to conceal both his ouster and an unpleasant secret from his past. The president-elect, Bruce Schobel, is...
Statement by Bruce Schobel on the Actuarial Outpost During the past month, the Board of the American Academy of Actuaries has engaged in egregious and unprecedented behavior that has interfered with and prevented me from continuing my good work as...
AAA - Thursday, August 27, 2009 - President John P. Parks today announced that he has asked the Academys Nominating Committee to select a candidate to fill the vacancy in the office of the President-Elect. The members of the Nominating...
The American Academy of Actuaries is calling on all health care reform stakeholders to revisit cost issues considering recent reports that have questioned the sustainability of new legislation. "Especially given the Congressional Budget Office's (CBO) most recent estimates, all stakeholders...
Hospital Admissions Fall 17% After Scottish Law Enacted; Businesses Balk at Restrictions By JEREMY SINGER-VINE When Scotland prohibited smoking in enclosed public areas and workplaces after March 2006, researchers found: A 14% reduction in admissions for acute coronary syndrome among...
