Don’t Be Scared! Cybersecurity Awareness Month Serves as a Reminder of Threats
Fall is upon us, and with it comes something spooky to take heed of every October. No, it has nothing to do with ghosts or goblins—it’s the annual reminder that hackers and phishers are on the prowl to steal your data. That’s right, it’s Cybersecurity Awareness Month.
Actuaries Play a Critical Role in Helping Insurers Address Changing Climate Risks
This Actuarially Sound blog post explores how climate change is influencing the insurance sector, the challenges insurers face, and the strategies they are employing to adapt.
Issue Paper Examines Immigration and Social Security
The Social Security Committee has released a public policy issue paper, Immigration and Social Security. Immigration is a crucial component to the trajectory of the financial condition of the Social Security system—this paper discusses how immigration affects the social insurance program.
Many Lessons Still Left to Learn to Maximize 401(k) Participation Rate
Retirement security is a growing concern for more and more Americans. It seems like a reasonable worry, given that a recent Motley Fool survey found the average household has only saved $87,000 toward their nest eggs. Solving the problem of future financial well-being remains a challenge for many.
Actuary Voices with former Casualty Vice President Rade Musulin
In a new episode of Actuary Voices, former Casualty Vice President Rade Musulin discusses hurricane season and ways to mitigate the growing threat of climate-enhanced extreme weather.
Popularity Won’t Save Social Security If Policymakers Don’t Act
Americans may increasingly hold polarizing views about the role of government, but there is at least one federal program that brings people of all political stripes together—Social Security.
Heat Is Increasingly a Cause for Concern in Workers’ Comp Cases
As we roll into the dog days of summer, I am getting sick and tired of the heat in Washington, D.C. Thankfully, my job at the American Academy of Actuaries can be done from central air-cooled home and office spaces. Many do not share that same luxury, however, and for those who work outdoors, the summer is a time where heat injury is an added risk on the job.
An Actuarial Perspective on the 2024 Social Security Trustees Report
The 2024 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance (OASDI) Trust Funds (2024 Trustees Report) is a detailed annual assessment of Social Security’s financial status.
Climatic Events, Inequities, and Risk Mitigation
This new paper by the Climate Change Joint Committee explains how disadvantaged populations and the communities they live in disproportionately experience a significant burden when it comes to climatic events and climate change.