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Last updated on April 20, 2014 at 21:20 EDT

Latest Institute and Faculty of Actuaries Stories

2014-03-19 20:21:12

WASHINGTON, March 19, 2014 /PRNewswire-USNewswire/ -- Several major media outlets, including The Christian Science Monitor and CBS News, have reported a comment made by Republican National Committee (RNC) Chairman Reince Priebus on March 18 that, among other assertions, characterizes actuaries' work related to the Affordable Care Act (ACA) in political rhetoric meant to elicit attention. The characterization of actuaries in those remarks cannot be taken seriously. The actuarial...

2013-07-02 08:27:12

FREDERICTON, NB, July 2, 2013 /CNW/ - An actuarial study on future healthcare expenses and resource needs, conducted by the Canadian Institute of Actuaries (CIA) in conjunction with the New Brunswick Health Council (NBHC), was delivered on June 27 to officials of the Department of Health, NBHC, Vitalité Health Network, FacilicorpNB and Ambulance New Brunswick by CIA President Jacques Lafrance and NBHC Chief Executive Officer Stéphane Robichaud. M. Lafrance said, "Canada's...

2013-02-01 16:26:37

Academy Applauds Foster's Service to Public and Profession WASHINGTON, Feb. 1, 2013 /PRNewswire-USNewswire/ -- The American Academy of Actuaries offered a heartfelt thank you to Richard S. Foster, who is retiring this week as Centers for Medicare and Medicaid Services Chief Actuary after a long and distinguished career in public service. During his 18 years at CMS and previous 13 years as Deputy Chief Actuary of the Social Security Administration, Foster devoted his entire actuarial...

2013-01-14 16:23:01

WASHINGTON, Jan. 14 2013 /PRNewswire-USNewswire/ -- In a letter to President Obama and congressional leaders today, the American Academy of Actuaries urged the appointment of an actuary to serve on the new Commission on Long-Term Care, which was established as part of the American Taxpayer Relief Act of 2012 and signed into law by the president on Jan. 2. The commission was created to develop a plan for the design, financing, and implementation of a system that ensures access to long-term...

2012-11-15 12:26:35

SEATTLE, Nov. 15, 2012 /PRNewswire/ -- Milliman, a premier global consulting and actuarial firm, announced today that it has developed a marketing alliance with We Predict to bring advanced analytics capabilities to clients of both firms. We Predict has developed an automated warranty data analytics service called Indico. Indico uses actuarial mathematics to perform massive comparative parallel analyses, accelerating issue detection and demonstrating hidden savings. Simple data...