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Actuaries in the News

Actuaries are enjoying some positive exposure in the nation's print and broadcast media and bringing new and positive visibility to the profession. Buzz Worthy is a place dedicated exclusively to celebrating when actuaries make it big…in the news that is! See a compilation of these highlights and e-mail us at imagewatch@soa.org if you see other mentions of actuaries in the news.

Actuaries in the News

Potential Pandemic Still Could Cost Nearly $300 Billion FromWorkforce Management This article cites SOA research on pandemics.

N.J. Patients Deserve to Know Health Care Costs Before Getting the Bill From NJToday.net The SOA's survey on Bending the Cost Curve was noted in this article on health care costs.

RiskChat: Paying Attention to Compensation From BigFatFinanceBlog Karen deToro, FSA, MAAA, was featured in an interview on incentive compensation.

Study Puts Cost of Medical Errors at $19.5 Billion From Wall Street Journal Jim Toole, FSA, CERA, MAAA, is quoted in this article about the SOA study on medical errors.

The Cost of Medical Errors From Nightly Business Report Jim Toole, FSA, CERA, MAAA, appeared in this Aug. 9, 2010 episode on the cost of medical errors. Note: the segment begins 8:50 into the video.

Actuaries: Flu Could Be Expensive From National Underwriter Jim Toole, FSA, CERA, MAAA, was interviewed for this article on the potential impact of pandemic influenza.

Waiting to Collect Social Security From CNN Academy Public Interest Committee Chairperson Tom Terry discussed increasing the retirement age for Social Security. Terry said that the age needs to increased to address Social Security's long-term imbalance.

Your Money, Not Your Age, Signals When It's Time to Retire From The Washington Post This article cites the SOA retirement risk report.

Sleeping under a TARP with One Eye Open From Forbes Sim Segal, FSA, CERA, MAAA, discusses risk management issues with Forbes.

Better-informed Patients Might Spend Less on Healthcare From Fiercehealthcare This coverage notes the SOA study on bending the cost curve.

Actuaries Speak out on How to Reduce Healthcare Costs From Hospital Leader Blog An SOA survey is noted in this blog post about healthcare costs.

A New Plan for Valuing Pensions From The New York Times Jeremy Gold, FSA, CERA, MAAA, and Rick Roeder, FSA, MAAA, are quoted in this article on a new approach for pension disclosures.

Most Plans Don't Have Mental Health Parity From National Underwriter Life & Health Sara Teppema, FSA, MAAA, is quoted in this article.

Stress Tests Seen as 'Too Narrow' From The Wall Street Journal Sim Segal, FSA, CERA, MAAA, is quoted in this piece on the WSJ's 'Real Time Brussels' blog.

Trading Down: Can It Still Bankroll Your Retirement? From The Wall Street Journal This article on bankrolling retirement cites an SOA study.

The Hard Times Guide to Retirement From Huffington Post This article notes the SOA's report on retirement calculators.

Experts Weigh in on Older Americans and Work From SecondAct Steve Vernon, FSA, MAAA, is quoted in this article on working past typical retirement age.

Worried about Retirement? Not So Much From FoxBusiness.com Anna Rappaport, FSA, MAAA, was interviewed for this article on consumers' outlook on retirement.

Oh, There's Always Room for 'Gel' From National Public Radio An actuary solves Will Shortz's puzzles on NPR.

Health Insurance Companies Try to Shape Rules From The New York Times Mike Fedyna, FSA, MAAA, is quoted in this article on the new health care law and minimum loss ratios.

Focusing on the New Horizon of ERM From Risk & Insurance This article covers the 2010 ERM Symposium, cultural theory and the blending of actuarial expertise with other disciplines at the event.  

Foster Risk-Aware Culture to Avoid Risk From CFOZone.com Bob Wolf, FCAS, ASA, CERA, MAAA, was interviewed for this article on risk and company culture.

Divorce Insurance Could Be Coming Soon From Life Quotes Bob Wolf, FCAS, ASA, CERA, MAAA, and James Hunt, FSA, MAAA, were interviewed for this article on divorce insurance.

Hard-to-Insure Eligible for Health Plan Soon From Quad-City Times Cecil Bykerk, FSA, MAAA, was interviewed regarding Iowa's high-risk pool.

Best's Conversations From Best's Review Mike McLaughlin, FSA, CERA, MAAA, was interviewed for this podcast on the CERA credential.

Health Reform Law is Starting to Help Lowans Who Need Coverage From Des Moines Register Cecil Bykerk, FSA, MAAA, was interviewed for this article on health reform.  

The Trouble with Retirement Calculators From HuffingtonPost.com A blog post on the SOA's report on retirement calculator software.

Six Things Retirement Calculators Get Wrong From CBS MoneyWatch Kirk Kreikemeier, FSA, and economist John Turner were interviewed about the SOA's report on retirement calculator software.  

Program Named a Center of Excellence From the Times-Delphic Drake University's actuarial science program is named a Center of Actuarial Excellence.

Retirement Attitudes Shaken Little by Recession From the WSJ Blog Financial Adviser The recession and market turmoil that accompanied it seem to have had little impact on Americans’ attitudes toward retirement planning, this article found, from the SOA's recent retirement survey.

Before You Retire, Retire Your Mortgage From Consumer Reports Money Blog This post reports on an SOA suvey that found only 48 percent of retirees surveyed in 2009 had completely paid off their mortgages, compared with 76 percent in the group’s 2007 study.

7 Retirement Risks You Need to Plan For From U.S. News and World Report A recent SOA survey of 804 people ages 45 to 80 identified older Americans' greatest retirement concerns.

SOA: Many Still Fail to Plan for Retirement From National Underwriter According to a study by the SOA, many Americans say they are concerned about their retirement but have done little about planning for the future.

Five Steps to Rethinking Your Retirement Plan From Philadelphia Inquirer Anna Rappaport discusses risks in this article on retirement.

How Long Do You Have to Live? From CBS MoneyWatch.com Steve Vernon, FSA, discusses life expectancy and lifestyle in this blog post.

Be Careful When Using Retirement Calculators From San Diego Union Tribune  This article mentions the SOA's report on retirement planning software.

With Longer Lifefespans, Accurate Financial Planning Necessary From Philadelphia Inquirer This article mentions the SOA's report on retirement planning software.

Easing a Widow's Hardship From Retirement Income Journal Anna Rappaport was quoted in this article on retirement risks. Note: A subscription is required to view this article.

A Healthy Increase From CFO This article includes results from the SOA's Cadillac Tax Plan report and quotes Bob Tate, FSA, MAAA.

The Odds of a Disability Are Themselves Odd From The New York Times SOA experience studies actuary Jack Luff, FSA, MAAA, was interviewed for this article on the odds of becoming disabled.

Online Finance Tools Fall Short, Study Says From Financial Advisor This article covers the SOA and Actuarial Foundation's study on retirement calculators.  

UNL Program Named Center of Actuarial Excellence From JournalStar.com An article on the University of Nebraska-Lincoln attaining Center of Actuarial Excellence status.

Drake Act. Sci. Program Gains National Recognition From The Times-Delphic An article from Drake's student newspaper on achieving Center of Actuarial Excellence status.

Actuaries: Cadillac Tax Plan a Club, Not a Scalpel From National Underwriter This article helps explain the actuarial implications of the Cadillac plan tax proposal.

Six Problems with Retirement Planning Software From U.S. News & World Report This article covers the SOA/Actuarial Foundation's research on retirement calculators.

Insurance Newscast's 2009 List of the 100 Most Powerful People in the Insurance Industry From Insurance Newscast Six actuaries were named to this list.

Actuaries: Planning Tools Leave Holes From National Underwriter This article covers the SOA/Actuarial Foundation's research on retirement calculators.

The Best and Worst Jobs for 2010 From Wall Street Journal Actuary is ranked #1 of 200 jobs according to the Jobs Rated Almanac.

UConn's Actuarial Science Program Earns Distinction as "Center of Actuarial Excellence" From StamfordPlus.com The University of Connecticut received media attention for being named an SOA Center of Actuarial Excellence.

Crisis is Raising More Red Flags From Investors.com This article cites the report, "A New Approach for Managing Operational Risk," sponsored by the CAS/CIA/SOA Joint Risk Management Section.

Society of Actuaries Lauds GSU From Atlanta Business Chronicle Georgia State University received media attention for being named an SOA Center of Actuarial Excellence.

New Risk Management Designation for Actuaries From BigFatFinanceBlog.com This blog posting discusses the global CERA credential.

Flash Forward: A Vision for the Insurance Industry in 2020 From ProducersWeb.com This article discusses the future of the insurance industry via the SOA's call for essays on the topic.

Hyderabad Treaty Unveils New Risk Management Credential From Insurance Business Review This article covers the SOA's effort to make the CERA credential a global risk managment designation.

Actuaries Peer into Life Industry's Future From National Underwriter This story highlights the SOA's release of a collection of essays in which members predict the future of the life industry.

CERA Goes International From National Underwriter This article covers the SOA's effort to make the CERA credential a global risk managment designation.

Actuaries: The Public Plan Would Need Billions in Capital From National Underwriter This article cites findings from the American Academy of Actuaries and the SOA on regarding the anticipated costs associated with a public health care plan.

The CLASS Act Would Add to the National Deficit From The Hill.com This article cites a study conducted by the SOA and the American Academy of Actuaries.

McLaughlin is SOA's New President From National Underwriter

Retirement Planners Neglect Housing Equity From Pittsburg Tribune-Review This article quotes Anna Rappaport regarding the three questions you need to answer to get retirement right.

The Administrative Costs of a Public Health Plan From Nightly Business Report This article cites findings from the American Academy of Actuaries and the Society of Actuaries regarding the anticipated costs associated with a public health care plan.

Home Equity Affects Retirement From NewsOK.com Anna Rappaport, FSA, MAAA, offers options for using housing value to provide for retirement needs.

House Wealth Tips From Timesleader.com Anna Rappaport, FSA, MAAA, offers options for using housing value to provide for retirement needs.

Is a Reverse Mortgage a Good Idea? From Consumeraffairs.com Anna Rappaport, FSA, MAAA, offers advice on reverse mortgages in this article.

Top-Paying Jobs From CNNMoney.com This article lists actuary as #6 on the list of top jobs.

Will Your Insurer Be Able to Pay Your Annuity? From SmartMoney.com Noel Abkemeier, FSA, and Scott Witt, FSA, are quoted in this article on annuities.

SOA Sees Annuity-Housing Link From National Underwriter Life & Health This article features a synopsis of the SOA monograph, "Overview of Housing Wealth, Options, and Spending Issues in Retirement."

Financial Crisis Teaches Insurers Valuable Lessons, Study Says From National Underwriter P&C This article highlights the SOA report, "The Financial Crisis and Lessons for Insurers," and quotes Shaun Wang, FCAS.

Broken Incentives for Patients, Providers and Health Plan Administrators From The Disruptive Women in Healthcare blog Judy Strachan, FSA, contributed a blog post on the U.S. health care system.

Smooth Sailing: How to Reduce Contribution Volatility in Your Pension Plan From Employee Benefit News This article, written by Kien Lew, FCA, and Bill Schroeder, FSA, provides guidance on managing volatility.

Take Health Care Expenses into Account in Retirement From Ft. Worth Business Press This article cites the SOA's 2007 Risks and Process of Retirement Survey.

Uncertain about Savings, Retirees Tighten Belts, Seek Advice From Life & Health Advisor As reported in this story recapping the findings of the recent SOA, LIMRA, InFRE survey, the number of retirees who say they are worried about financial security has more than doubled in the past year.

Workers Find Can't Retire with Shriveled Portfolios From Chattanooga Times Free Press This article highlights the 'What a Difference a Year Makes' survey conducted by the Society of Actuaries, International Foundation for Retirement Education, and LIMRA.

Actuary: Signal Clearly From National Underwriter In this article, Emily Kessler, FSA, MAAA, suggests that the U.S. financial system needs to do a better job of encouraging retirees to make realistic plans for old age.

The New Retirement From ProducersWeb.com Mike Boot, FSA, MAAA, offers advice to help clients navigate 'the new retirement'.

Can You Afford to Retire? From BusinessWeek Anna Rappaport, FSA, MAAA, is quoted in this article on retirement.

Retirees Become More Conservative, Frugal From U.S. News and World Report SOA research is cited in this article.

Economic Downturn Increases Retirees' Financial Concerns From Examiner.com This article on retirement cites a survey conducted by LIMRA, the SOA and InFRE.  

Survey: Retirees Worry More From National Underwriter This article on retirement cites a survey conducted by LIMRA, the SOA and InFRE.  

Number of Retirees Worried about Finances Has More Than Doubled From OnWallStreet.com This article cites research by LIMRA, the SOA and the International Foundation for Retirement Education.

Three Incentives to Reduce Costs and Increase Health Care Efficiencies From The Health Care Blog Dale Yamamoto, FSA, MAAA, writes about three steps that can be taken to reduce health care costs and improve quality.

Risks Specific to Your Money From The NewsStar This Q&A article references the SOA's "Managing Post-Retirement Risks" report.

Futurephile: A Mini Phone in the Jawbone From Financial Times Rudy Karsan, FSA, was interviewed for this article on technology in the future.

Washington: Reworking Retirement Savings Plans From Business Week An SOA publication is cited in this article which describes how policymakers are looking at ways to mitigate the effects of market cycles and ensure that retirees don't outlive their savings.

Pandemic Declaration Spurs Need for Risk Management Max Rudolph, FSA, CERA, MAAA, is quoted in this article on business' need for pandemic preparedness.

S&P Boosts ERM From Treasury & Risk Sim Segal, FSA, CERA, MAAA and Dale Hall, FSA, CERA, MAAA, are quoted in this article on how S&P is developing criteria and a methodology for its new enterprise risk management corporate ratings category.

What Businesses Can Do about the Swine Flu From MSN Max Rudolph, FSA, CERA, MAAA, is quoted in this article on disaster planning for companies.

ERM Support Still Soft, SOA Survey Finds From National Underwriter This articles offers survey findings that a majority of companies have not increased support for their ERM programs.

Inflation’s Burden on Seniors From MercuryNews.com This article offers solutions to the problems faced by older Americans who feel squeezed by the ever-rising cost of living.

Companies Choosing Risk Management Status Quo From Insurance Networking News This May 14 article in Insurancenetworking.com discusses how economic challenges are causing companies to review their risk profiles and analyzes how risk-management decisions are being made.

Models Showed Financial Risks, But Execs Ignored Warnings: Experts From Business Insurance This May 11 article suggests that models functioned accurately at indicating financial risk, however not all of these results were heeded.

Complex Processes Employed to Identify Emerging Risks From Business Insurance In this May 11 article, enterprise risk management experts discuss how to recognize the signs of emerging risks.

Early Retirements Surge in Recession From Sun-Sentinel.com Stephen Goss, ASA, MAAA, is quoted in this article on retirement decisions in the recession.

Actuary Evaluates Independent Review Process for Long Term Care Claims From Life & Health Advisor In this article, Claude Thau, FSA, MAAA, evaluates the indpeendent review process and analysisy of cost/benefit trade-offs for the industry and consumers. 

What Social Security's Underfunding Means for Your Retirement From U.S. News and World Report Bruce Schobel, FSA, MAAA, FCA, is quoted in this article on the future of Social Security.

Is Longevity Insurance Right for You? From U.S. News and World Report Anna Rappaport, FSA, MAAA, was quoted in this article on longevity insurance.

Canada's Top 40 under 40 From Globe and Mail Barbara Zvan, FSA, FCIA, CERA, was named one of Canada's top 40 under 40.

Working Mothers of the Year - Shantelle Thomas From Working Mother Shantelle Thomas, FCAS, MAAA, was named one of 30 Working Mothers of the Year.

Science, Math Careers Rank as Best Jobs During Recession From Examiner.com This article covers 'actuary' as one of the best jobs.

Manage Risk to Avoid Rocky Retirement Ride From Erie Times-News This article references the SOA's retirement risk reports.

CNBC American Academy of Actuaries Senior Pension Fellow Frank Todisco, FSA, MAAA, appeared on three CNBC programs on April 8 ro explain the current condition of state and local pension plans as well as options to improve pension funding levels.

Survey: Jobs That Use Math Rank Highest in Satisfaction From Winston-Salem Journal Jim Toole, FSA, MAAA, is quoted in this article on the benefits of math-related careers.

Five Retirement Tips ... for Women Only From MainStreet Anna Rappaport, FSA, MAAA, is quoted in this article providing retirement advice for women.

Emerging Risks and Personal Risk Management Strategies From ProducersWeb.com Mike Boot, FSA, FCA, MAAA, wrote a column for ProducersWeb.com highlighting the findings of a recent actuarial survey on emerging risks conducted by the Joint Risk Management Section.

Stepping Out: How Assurant's Holistic View of Business Exposure Keeps Risks at Bay From Best's Review This article explores the ways that Assurant has built its business by focusing on specialty markets and highlights the five guiding principles of enterprise risk management.

Protecting Your Client's Fortune From Advisor Today Claude Thau, FSA, MAAA, discusses long-term care insurance in this article which offers advice on how LTCI can help protect a client's wealth.

Risk Management and Longevity Risk From ProducersWeb Mike Boot, FSA, MAAA, focuses on the topic of mortality, or longevity risk, and how to make sure customers are covered for worst-case scenarios.

Best Job in the US? It's How You Figure From The Sun Thomas Tierney, FSA, MAAA, is quoted in this article on the best and worst jobs.

Life Insurance, Annuities, are Still Long-Term Decisions From Chicago Tribune Noel Abkemeier, FSA, MAAA, was interviewed on assessing risk and annuities for this personal finance article.

Using Risk Management to Beat the Downturn From BusinessWeek This piece highlights ways risk management can help today's businesses through tough economic times and features insight from Max Rudolph, FSA, CERA, MAAA.

Best Jobs for New College Graduates Now From Forbes.com This article outlines the kinds of work today's college graduates should be looking for to land a position, and features insight from James Miles, FSA, MAAA.

Doing the Math to Find the Good Jobs From the Wall Street Journal Actuary ranks #2 in this list of best careers from the Jobs Rated Almanac.

Behavioral Finance, Actuarial Science and You From ProducersWeb.com Mike Boot, FSA, MAAA, writes that knowing some of the principles of actuarial science, as well as having the knowledge of psychological biases of behavioral finance, can help with understanding and reassuring customers during these turbulent times.

Job Universe: Actuary From US News and World Report 'Actuary' is once again named one of the best careers, according to this article in US News and World Report.

Women Buying Health Policies Pay a Penalty From The New York Times SOA President Cecil Bykerk, FSA, MAAA, is quoted in this article on the differences in rates amongst males and females securing individual health insurance coverage.



Get Your Finances Ready for Retirement From Nightly Business Report This report referenced the SOA on retirement planning for women living longer.

Enterprise Risk Best Practices From Financial Executive The SOA's "Five Guiding Principles" of ERM are highlighted in this brief article. Note: A subscription is required to view this article.

The New Invincibles From Best's Review Tonya Manning, FSA, MAAA, was interviewed in this article on the challenges and opportunities of Generation Y employee benefits. Note: A subscription is required to view this article.

Mike McLaughlin, FSA, MAAA, CERA, Named Risk Innovator From Risk & Insurance.

Technology Aids the Actuary's Art From the Star-Tribune Actuaries Kevin Pledge, Neil McKay and Neil Fackler were interviewed for this article on the use of technology in the profession.

Why Women Have it Harder in Retirement From CNBC.com Anna Rappaport, FSA, MAAA, offers insights from the Risks and Processes of Retirement Survey Report in this article.

Retirement Age Stars in Social Security Debate From CBSNews.com This piece, on Social Security and the age of retirement, quoted Bruce Schobel, FSA, MAAA, FCA.

Misconceptions Can Lead You Down the Wrong Path From ProducersWeb This is the first monthly installment of actuary Mike Boot's column for ProducersWeb.

The Future of Retirement From Benefits Quarterly This article by Anna Rappaport, FSA, MAAA, looks at different ways to define retirement as part of the lifecycle and focuses on reinventing retirement to create a better future.

Retirees Concerned About Their Finances From RedOrbit.com This article is based on the SOA's Risks and Process of Retirement Survey Report.

2 Cents Worth From The Sun-Times SOA research is cited in this personal finance Q&A column.

Answers on Long-Term Care Insurance From The New York Times This Q&A cites an SOA study.

Addressing Women's Unique Concerns From InvestmentNews Anna Rappaport, FSA, MAAA, authored an article on women and retirement.

Six Ways to Tell if You're Financially Ready to Retire From US News and World Report Anna Rappaport, FSA, MAAA, is quoted in this article.

The Best Way to Take a Pension From CNNMoney.com Steve Vernon, FSA, MAAA, is quoted in this article.

Rising Prices Hammer Seniors on Fixed Incomes From USA Today This article, focusing on inflation issues for retirees, includes insight from actuaries Anna Rappaport, FSA, MAAA, and Dawn Helwig, FSA, MAAA.

Chattanooga: Boomers Worried They Can't Afford to Retire Comfortably From TMCnet.com This article references the SOA's Risks and Process of Retirement Survey Report.

Gross: Inflation a Serious Threat to Economy From MoneyNews.com This article references the SOA's Risks and Process of Retirement Survey Report.

How to Buy Life Insurance You'll Want to Keep From Insure.com This article on insurance lapses references the SOA and LIMRA.

Inflation Baby Boomers' Top Concern From TheBostonChannel.com This article is based on the SOA's Risk and Process of Retirement Survey Report.

The Top Five Risks You'll Face in Retirement From Marketwatch An article based on the SOA's Risk and Process of Retirement Survey Report, outlines steps for handling retirement risks. 

Making the Connection From Best's Review Actuaries Marc Slutzky and Jim Stoltzfus wrote this article explaining how economic capital modeling links the effectiveness of a company's risk management to its capital requirements.

Five Retirement Risks and How to Manage Them From US News and World Report Inflation is a top concern for retirees, as reported in this piece featuring the SOA's Risks and Process of Retirement Survey Report.  

Get Your Finances Ready for Retirement From PBS's Nightly Business Report Americans attempt to find the 'magic number' to cover retirement expenses in a piece inspired by the SOA's Risks and Process of Retirement Survey Report. Note: The article begins halfway down the page.

Inflation Hits Top Retirement Concern From The Daily Herald Inflation is a top concern of retirees in this piece featuring highlights from the SOA's Risks and Process of Retirement Survey Report.

Retirement Money Worries Mount for Workers From The San Francisco Chronicle Actuary Anna Rappaport is quoted in this article featuring the results of the SOA's Risks and Process of Retirement Survey Report.

Study Reveals Pre-Retirement Attitudes Reinforce Inadequate Preparation for Retirement From CCH Pension and Benefits An SOA study is cited in this article.

Insurers More Open to Life Policies for Seniors From InvestmentNews SOA research is cited in this article on selling life insurance to older consumers.

Five ERM Rules From Best's Review Actuaries advise life insurers to follow these steps as they build enterprise risk management programs in this article written by actuary R. Dale Hall. 

Help Wanted: The Older, The Better From Orlando Business Journal  Actuary Anna Rappaport is quoted in this article. Note: A subscription may be required to view this article.

Some Firms are Already Fighting Upcoming 'Brain Drain' From Orlando Business Journal  Actuary Valerie Paganelli is quoted in this article. Note: A subscription may be required to view this article.

Central Florida Plans to Retire Hundreds of Thousands of Experienced Workers From Orlando Business Journal  Actuaries Anna Rappaport and Valerie Paganelli are quoted in this article. Note: A subscription may be required to view this article.

Are Your Retirement Savings in a Free Fall? From Pittsburgh Post-Gazette  SOA research on life expectancy is mentioned in this article. 

SOA Earns Corporate Branding Campaign of the Year From PRWeek.com PRWeek Awards, the leading awards program for the public relations industry, presented the "Corporate Branding Campaign of the Year" to the actuarial profession for the work on Actuaries–Risk is Opportunity: The Revitalization of a Profession's "Brand".

Principal Financial Group Names Larry Zimpleman, FSA, MAAA, CEO

Dollars and Sense: Avoid Impulse Buying and Shopping away Your Retirement From Green Valley News and Sun This article mentions a 2007 retirement survey conducted by the SOA.

Cash Value in Life Insurance: What's It Worth to You? From: Insure.com The SOA is referenced in this article on shopping for life insurance.

Older Boomers Caught All the Breaks From: USA Today Ron Gebhardtsbauer, FSA, MAAA, is quoted in this article. 

Lottery Commission Should Clear the Air From: MySA.com This article references an Academy report on secondhand smoke.

Reluctant Retirement Savers May Be Scared Straight by These Stats From: MarketWatch This article references the SOA's 2007 Risks and Process Retirement Survey.

Running Away with the Circus From: Workforce Management As a senior benefits manager for Cirque du Soleil, Hélène Thibault, FSA, FCIA, puts her actuary training to work in ways as creative as the company she works for.

A Master Act of Coordination From: Workforce Management This article highlights the parallels between balancing risk as a performer and  risk as an actuary. Helene Thibault, FSA, FCIA, is interviewed in this piece.  

Don't Be Afraid of Stocks in Retirement From: The Colorado Springs Gazette New research shows retirees with mostly fixed-income investments have a greater chance of running out of money in retirement.

NIU Adds Actuarial Science Degree From: The MidWeek News Northern Illinois University introduces its bachelor's program in actuarial science.

Life Isn't Fair From: Forbes This article about life spans includes SOA statistics.

Actuaries Have Special Roles When Explaining Credit Scores and Losses From: Insurance Journal By explaining why there is an association between credit scores and insurance losses, insurers and actuaries can promote a better understanding of why credit scores are a useful underwriting tool. < P>  

Longevity's Evil Twin: Inflation From: The Washington Post Taking one small bite after another, inflation can consume huge chunks of a retiree's nest egg as the years go by. But there are ways to fight back. This columnist consults several experts on inflation risk, including the Academy's Ron Gebhardtsbauer, and offers a few suggestions.

Enterprise Risk Management: ERM Certification From: Rough Notes This article highlights the SOA's new CERA credential.

How to Make Sure You'll Have Enough Money for Retirement From: FOXNews.com An SOA statistic is cited in this article.

Obscure Health-Benefit Scheme is Central Issue in Auto Talks  From: Washington Post Dale Yamamoto, FSA, MAAA, is quoted in this article. Note: Registration is required to view this article.

Guest Commentary: Politicians Responsible for Florida's Insurance Catastrophe  From: Naples Daily News Walter Steffen, FSA writes an editorial on government involvement in insurance programs. 

Retirement Plan Proposals Abound  From: Workforce Management During the past few months, a number of coalitions have come up with their own proposals for new and improved defined-benefit and defined-contribution plans. Note: Registration is required to view this article. 

Meet Zois Johnston, ARM, CRM, AIS, CPCU  From: Financial Week A discussion of enterprise risk management credentials, including the SOA's new CERA credential.

Defining a New Retirement System  From: Benefits and Compensation Digest Should defined benefit and defined compensation be the only two options? An article by Emily Kessler, FSA, MAAA. Note: A subscription is required to view this article.

Actuary Group Offers New Certification Focused on Risk Management  From: Financial Week This article offers details on the new CERA credential.

Women (and Those Who Love Them): Be WISER About Retirement From: FOXNews.com Figures from an SOA study are included in this article on women's needs in retirement.

Towers Perrin appoints new COO FSA promoted to Towers Perrin COO.

The Off Chance of Retirement Investing Emily Kessler, FSA, speaks on Retirement 20/20 in an article from the Washington Post.

Actuarial Group Seeks Pension Reform Emily Kessler is quoted in Pensions & Investments on the Retirement 20/20 project’s effort to reform the pension system.  

Change Your Mindset About Social Security   From: FOX News -In a Fox News piece about Social Security, a statistic from the SOA was quoted.

Unpack the Benefits Package From: Washington Post - Washington,DC,USA: Ron Gebhardtsbauer, FSA, MAAA was quoted on the subject of employee benefits

American Community Names New Chairman of the Board, President and CEO, and Board Member From PR Web Newswire: An FSA was named chairman of the board at American Community Mutual Insurance Company.

Predictive Modeling Turns Good Intentions into Measurable Results From Web Services Journal - Montvale,NJ,USA: The Predictive Modeling Applications conference is mentioned in the Web Services Journal

Revealed! Six Secrets to a More Secure Retirement From FOXNews.com: This article includes an SOA statistic on aging.

Six Sure Ways to Save From U.S. News and World Report: This article, with input from Anna Rappaport, FSA, MAAA, offers advice on how to be a 'frugal retiree'.

Traditional or Roth? Which IRA Are You Eligible For? From FOXNews.com: An SOA statistic on longevity is cited in this article.    

Time to Clear the Air with Statewide Secondhand Smoke Law From The San Antonio Express: This commentary on secondhand smoke cites a statistic from the Society of Actuaries.  

Actuaries Pursue Safety in Numbers 

From The Seattle Times: Margaret Meister, FSA, MAAA, and CFO of Symetra Financial, says the financial services industry is full of potential for those with high-level expertise in math and economics.  

Six-Figure Salaries for the Rest of Us From CareerBuilder.com: A discussion of the top six-figure salaries, and actuary is among them.

John Dewan, FSA, Interviewed over Super Bowl Predictions imgIconWM.gif From Chicago's WSCR-AM: Actuaries and sports make a great combo! Listen to this report in MP3 format as Dewan predicts the winner of Super Bowl XLI.

Actuary Develops System to Pick Super Bowl Winner imgIconWM.gif From Chicago's WBBM-AM 780: Listen to this report in MP3 format of John Dewan, FSA, predicting the Super Bowl winner.

Actuary Predicts Super Bowl Winner From Crain's Chicago Business: John Dewan, FSA, has developed a prediction system to determine who will win the Super Bowl.

Actuaries: The Emerging Experts From The Tribune India: This article introduces the actuarial career path and explores the gap between the supply and demand of actuaries in India. 

You Fix It From the Austin American-Statesman: This brief article lets readers try their hand at the Social Security Game created by the American Academy of Actuaries.

Actuary: Finding Meaning in the Numbers From U.S. News and World Report: Actuary is named one of the best careers of 2007. SOA Past President, Bob Beuerlein, FSA, MAAA, discusses actuaries' ability to combine math and business skills in this profile.

Paying Health Care from Pensions Proves Costly From The New York Times:
Donald Rueckert, ASA, MAAA, comments on the strain of health care on government budgets. Note: Registration may be required to view this article.

Long Life is a Blessing and a Challenge From USA Today:
This article cites a study from the American Academy of Actuaries that says there is nearly a one-in-three chance that one or both partners in a married couple will make it to age 95. 

Future of Terrorism Insurance is at Risk From The Columbus Dispatch:
The American Academy of Actuaries estimates damages from a terrorist attack in a U.S. city could range from $3 billion for a small incident up to $778.1 billion for a large-scale attack. 

Pension Agency Funding Deficit Improves From CNNMoney.com:
Ron Gebhardtsbauer, FSA, MAAA, was consulted for this article, which covers the recent decrease in the PBGC deficit.

Illinois' Pension Nightmare From the Chicago Tribune:
Lance Weiss, MAAA, FCA, is quoted in this article illustrating Illinois' pension shortfall. Note: Registration may be required to view this article.

Pension Law Shrinks Lump-Sum Payouts From the Wall Street Journal:
Recent changes in the law have cut pension payments to those who take their pension as a lump sum. Ron Gebhardtsbauer, FSA, MAAA, is quoted in this article. Note: Registration may be required to view this article.  

An Age-Old Problem: How to Make Sure Your Money Lasts as Long as You Do from the Pittsburgh Post-Gazette
Steven Siegel, ASA, MAAA, comments on longevity and retirement in this article.

Getting Going: How to Make Sure Your Money Lasts as Long as You Do from the Wall Street Journal
Steven Siegel, ASA, MAAA, comments on longevity and retirement in this article. Note: Registration may be required to view this article.

Boomer Retirement Savings: Better to Start Late than Never from the Seattle Times
This article cites the SOA/WISER report on the risks of not saving enough for retirement.

Hidden Cost of Outliving a Spouse from the Milwaukee Journal-Sentinel
Anna Rappaport, FSA, MAAA, is quoted in this article covering the challenges women can face in outliving their spouses.

Public Pension Plans Face Billions in Shortages from the New York Times
State and local governments have left taxpayers with big bills for public employee pensions. Actuaries David Driscoll, FSA, MAAA, FCA, EA, and Lance Weiss, FCA, MAAA, EA are quoted in this article. Note: Registration may be required to view this article.

Pensions Take Their Lumps from the San Francisco Chronicle
Ron Gebhardtsbauer, FSA, MAAA, comments on the pension bill awaiting the president's signature.
 



   

Actuaries in the News

Potential Pandemic Still Could Cost Nearly $300 Billion FromWorkforce Management This article cites SOA research on pandemics.

N.J. Patients Deserve to Know Health Care Costs Before Getting the Bill From NJToday.net The SOA's survey on Bending the Cost Curve was noted in this article on health care costs.

RiskChat: Paying Attention to Compensation From BigFatFinanceBlog Karen deToro, FSA, MAAA, was featured in an interview on incentive compensation.

Study Puts Cost of Medical Errors at $19.5 Billion From Wall Street Journal Jim Toole, FSA, CERA, MAAA, is quoted in this article about the SOA study on medical errors.

The Cost of Medical Errors From Nightly Business Report Jim Toole, FSA, CERA, MAAA, appeared in this Aug. 9, 2010 episode on the cost of medical errors. Note: the segment begins 8:50 into the video.