California Actuarial Advisory Panel Draft Minutes
The Panel held elections for the Chair and Vice Chair positions. Discussion regarding the work plan resulted in the approval of updates to due dates for work plan items and the removal of one item from the plan. The Panel reviewed exposure drafts for ASOP 41 and ASOP 6, determining no comments were necessary. Additionally, the Panel decided to resend a letter concerning AB 1383 and engaged in a discussion regarding emerging practices for actuarial assumptions.