The Prudential Regulation Committee sent a comment letter to the NAIC’s Capital Adequacy (E) Task Force on the re-exposure draft of Risk-Based Capital (RBC) Revised Preamble, 2024-16-CA.

Committee on Cyber Risk members presented at the Casualty Actuarial Society (CAS) Spring Meeting in Toronto on “Cyber: Global Market Update and D&O Risk.” 

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding the application of accounting guidance for indexed annuity products.

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding the application of accounting guidance for funds withheld and modified coinsurance. 

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding treatment of long-duration targeted improvements (LDTI) products under changing accounting guidelines. 

The Life Investment and Capital Adequacy Committee presented to the Life Risk-Based Capital (E) Working Group on correlation across factors for life risk-based capital.

The C-3 Subcommittee presented to the Life Risk-Based Capital (E) Working Group on additional considerations for plans to address C-3 alignment, including a possible field test in 2026.

The Life Practice Council (LPC) provided comments to the NAIC’s Life Actuarial (A) Task Force (LATF) on the most recent AAT for Reinsurance Actuarial Guideline Draft Exposure.

The P&C Committee on Equity and Fairness submitted comments to the Colorado Division of Insurance (DOI) on the exposed template of the DOI’s upcoming data call on private passenger auto insurance as part of the implementation of CO SB21-169 – Protecting Consumers from Unfair Discrimination in Insurance Practices.

The Health Solvency Committee’s Health Underwriting Risk Factors Analysis Work Group sent the final H2—Underwriting Risk Component and Managed Care Credit Calculation in the Health Risk-Based Capital Formula Report to the NAIC’s Health Risk-Based Capital (E) Working Group. The Work Group presented on the report at the NAIC’s 2025 Spring National Meeting in Indianapolis in March.

The Individual & Small Group Markets Committee sent a comment letter to the Centers for Medicare & Medicaid Services (CMS) on the Proposed Rule: Patient Protection and Affordable Care Act; Marketplace Integrity and Affordability.

The Pension Committee’s Defined Contribution (DC) Subcommittee released an issue brief, Decumulation Strategies: Creating Lifetime Income from Defined Contribution Plans, which outlines the insured and non-insured options available through employer-sponsored DC retirement plans. It also compares these options across key features and strategies. The subcommittee also published an issue brief executive summary.

Health Policy Project Manager Matthew Williams provided an update on Health Practice Council (HPC) activities to the NAIC’s Health Actuarial (B) Task Force (HATF) at NAIC’s Spring National Meeting in Indianapolis.

Health Solvency Committee Chairperson Steven Guzski presented to NAIC’s Health Risk-Based Capital (E) Working Group on the “H2 Underwriting Risk Component and Managed Care Credit Calculation in the Health Risk-Based Capital Formula – Final Report.”

Long-Term Care (LTC) Committee member Steve Schoonveld presented to NAIC’s Senior Issues (B) Task Force on “The State of Long-Term Care Insurance: 2025.”

Director of State Public Policy Outreach Katie Dzurec provided an update on Life Practice Council (LPC) activities to the NAIC’s Life Actuarial (A) Task Force (LATF) at NAIC’s Spring National Meeting in Indianapolis.

The C1 Subcommittee gave an update to NAIC’s Risk-Based Capital (RBC) Investment Risk Evaluation (E) Working Group on its work determining comparable attributes of collateralized loan obligations (CLOs).

The C3 Subcommittee presented an update to NAIC’s Life RBC (E) Working Group on its work on C3 alignment with the other RBC c-factors.

The Health Practice Council (HPC) released a summary of findings from a new Society of Actuaries (SOA) Research Institute report, The ACA @ 15 – Tracking Prior and Emerging Results since its Inception, that discusses the policy implications of those findings.

P/C RBC Committee Chairperson Ron Wilkins gave an update to NAIC’s P/C RBC (E) Working Group on R4/R5 factors and the committee’s 2025 priorities.