Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance

AAA Considers Governance Changes

Your article was successfully shared with the contacts you provided.

The board of the American Academy of Actuaries (AAA) wants to make the job of being the AAA president a little easier.

The board of the AAA, Washington, has endorsed a proposal to have the immediate past president serve as the chairperson of the board, to ease the administrative responsibilities of the president, AAA President Mary Frances Miller says in a letter to AAA members.

The board also has endorsed a proposal to remove the “penultimate past president” position from the board, to shorten the amount of time a president needs to commit to 3 years, from 4, Miller says.

A third proposal that won board support calls for the AAA to try using electronic voting to elect regular directors.

Proceeding with some of the changes will require bylaw changes that must be approved by a vote of all AAA members, Miller says.

- Allison Bell

Other AAA coverage from National Underwriter Life & Health:


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.