American Academy of Actuaries News

Better Data, Models Expand Private Flood Insurance Opportunities: Actuaries

As Congress considers reauthorization of the National Flood Insurance Program (NFIP), it should take into account specific insurance market, technological advances and other developments in weighing its options, according to the nation’s actuaries. A new report, “National Flood Insurance Program: …

RMS Peru Earthquake Model and Actuaries Climate Index Are Launched

RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to earthquake and weather events. In RMS’ case, the catastrophe modeling firm gained regulatory approval in Peru to start marketing its …

Texas Department of Insurance Actuary Wins National Award

Mike Boerner, director of the actuarial office for the Texas Department of Insurance (TDI), is the 2015 recipient of the Robert J. Myers Public Service Award from the American Academy of Actuaries. The award will be presented at the Academy’s …

Actuaries Say Individual Mandate Key to Viable Health Insurance Market

The U.S. Supreme Court’s ruling to keep the Affordable Care Act largely intact is a step toward ensuring that health insurance markets attract a broad cross section of risk, a cornerstone to any viable health insurance market, according to insurance …