Topic:  Student Fun After Exams
Exams will be over, and it will be time to have some fun.  We are sponsoring a bowling party.  Admission to the event includes shoe rental, 2.5 hours of bowling, and food (pizza, hot dogs, soda pop, beer).  A full-service cash bar is available.

Date:  Wednesday, May 23, 2001 (See below for the bowling results)
     4:30  Registration (note the later start time)
     5:00 Bowling begins
     5:30 Food is served

Location: AMF Marina City Lanes
     Marina City
     300 N. State Street, Chicago
     (Just north of the Chicago River)

Parking: For those not walking nor taking the CTA/Metra, validated parking for $10.75 is available at State & Kinzie (just north of Marina City, near the Hertz car rental).  Also, the State Street bridge is closed, and Marina City recommends that if you are driving from the loop, use either the Wabash or Dearborn bridge.

Cost for Members and Non-members:  $15.
But as a special incentive for exam takers to attend, if you took an actuarial exam in May, bring in a copy of your admission ticket and your cost will be $0 – FREE !!  

We had 21 bowlers

Highest Score (196) – Kevin Wolf
Most Strikes (5) – Joan Rathbone
Kindest to the Pins (classified) – Dan Levin
Longest Commute (25 miles) – Graham Ireland, Allstate
Most Staff Attending (5) – BlueCross BlueShield of Illinois
Most Non-actuary Friends Attending (2) – Maynard Kagen
 

DATE:  Tuesday, March 27, 2001
1:00  Registration begins; 2:00  Workshops; 5:10  Bar opens; 5:45  Dinner

PLACE:  Donald E. Stephens Convention Center (formerly Rosemont Convention Center)
in the Conference Center, main level, down escalator after walkway skybridge
5555 North River Road
Rosemont, IL 60018
(847) 692-2220

COST:  $60 with dinner, $50 without dinner

Workshop sessions expected to be approved for Professional Development credit by the PD Committee of the Society of Actuaries are labeled as (PD Credit Pending).  See the list below for subsequent approval of credit, or click here for the comprehensive SOA website list. 
We welcome and encourage non-actuaries to attend our workshops because information covered is relevant to a wide range of work within insurance and consulting business.

Beverages will be provided before and between the session times.

   2:00 p.m. Sessions

 1.  The New Society of Actuaries Textbook:  "US GAAP for Life Insurers" – Dan and Ed were members of the nine-author team that wrote the book.  They will discuss the events leading up to the writing of the book, describe the objectives and intended audience of the book, and give an overview of its contents.  They will then proceed to give some additional insights into the portions of the book in which they played a primary role, namely: expenses, capitalization, deferred annuities, purchase accounting, and shadow adjustments.
Dan Kunesh, Principal, Tillinghast-Towers Perrin, 2150 E. Lake Cook Rd, Suite 260, Buffalo Grove, IL 60089
Ed Robbins, Executive Vice-President and Chief Actuary, Zurich-Kemper Life Insurance Cos, One Kemper Drive, T-1, Long Grove, IL 60049

 2.   Long Term Care Issues –  Kurt Giesa will discuss current hot issues facing
actuaries who practice in the long term care arena .
Kurt Giesa, MMC Enterprise Risk, 411 E. Wisconsin Av, Suite 800, Milwaukee, WI 53202

 3.  X-Factor Testing – This workshop is intended to provide a review of the key steps in the process of testing the appropriateness of X factor mortality per the terms of Regulation XXX.  Key steps include: preparing data, calculating aggregate death claim distributions, constructing the hypothesis tests, interpreting results, and addressing the credibility of results.  The workshop will also allow attendees to share their views and raise questions relating to X-factor testing. 
(PD Credit Approved: eligible for 1 unit)
Ken Thieme, 2nd VP, Lincoln Re, PO Box 7808, Fort Wayne, IN 46801,
Tracy Choka, 2nd VP, Lincoln Re, PO Box 7808, Fort Wayne, IN 46801
Drew Tindall, Actuarial Consultant, Lincoln Re, PO Box 7808, Fort Wayne, IN 46801

 4.  Variable Annuities – Product Design Issues 
(PD Credit Approved: eligible for 1 unit)
Don Abbs, Allstate Life Insurance Co, 3100 Sanders Rd, Suite M2, Northbrook, IL 60062
Jim Baumstark, Allstate Life Insurance Co, 3100 Sanders Rd, Suite M2A, Northbrook, IL 60062

 5.  Tax Update – Cherri and Bud will present recent developments 
Cherri Divin, Bud Friedstat, KPMG LLP, 4205 Davco Way, Louisville, KY 40241

 6.  Data Mining – Basic Concepts, Getting Started – Basic overview of the concepts of data mining. This presentation will also address steps to launch a project, and information technologies to consider beyond the data mining software tools.  A guest vendor will give a demonstration of a data mining
application. 
Stephen D. Galvan, President, eBizIntell, Inc., Oakbrook Terrace, IL sgalvan@eBizIntell.com
Matthew Adams, SPSS

 7.  E – Security – Threats and How They Can Be Addressed.  The very qualities that make e-business attractive also make it susceptible to increased risk.  Without proper controls, companies may find their prized customer list and confidential financial information in the hands of a hacker — or even worse,
their competition.
Jay Schulman, KPMG LLP, 303 E. Wacker Dr, Chicago, IL 60601

   3:05 p.m. Sessions

 8.  GAAP Update – Mike will address various topics including FAS 133, business combinations and IASC
Mike Hughes, Ernst & Young LLP, 233 S. Wacker Dr, Chicago, IL 60606

 9.  Privacy Regulations – A status report on  regulation, including: background and discussion of future directions; content of the 2000 NAIC Model Regulation (with comparisons to the 1982 Model Act); compliance considerations and potential impact on actuaries.
Barb Niehus, Niehus Actuarial Services Inc, 5215 Old Orchard Rd, Suite 750, Skokie, IL 60077
Marilyn Saunders, CNA Insurance Cos, 43 South, CNA Plaza, Chicago, IL 60685
(PD Credit Approved: eligible for 1 unit)

 10.  Life Regulatory Update – A discussion of current hot topics .
Rick Browne, Bud Friedstat, Derek Houle, KPMG LLP, 303 E. Wacker Dr, Chicago, IL 60601

 11.  Hedging Strategies for Variable Annuity Guarantees  The issues include difficulties in defining the risks you are hedging against, and whether a risk is hedgeable or unhedgeable.  Steve will explain risk-neutral valuation for hedging purposes as well as a variety of hedging techniques. 
Steve Stone, Allstate Life Insurance Co, 3075 Sanders Rd, Suite G5D, Northbrook, IL 60062

 12.  Speed Reading – Actuaries, especially those taking exams, are often confronted with volumes of reading material.  Alan will introduce speed reading techniques and conduct an introductory lesson.  This is a repeat of a session the Chicago Actuarial Association held a few years ago.
Allan Goldin, President of Power Reading, 630-852-3272, ttpwr@aol.com

 13.  The Future of the Profession **CANCELED**

 14.  Customer Service in the E-Business Environment **CANCELED**

   4:10 p.m. Sessions

 15.  Health Regulatory Update –  This session will highlight the numerous regulations that have been passed at the federal level and discuss the cost impact.  Proposed legislation will also be discussed.  Audience participation will be welcomed. 
Karen Bender, Principal, MMC Enterprise Risk, 411 E. Wisconsin Av, Suite 800, Milwaukee, WI 53202

 16.  The New President's Medicare Plan & Its Impact on Insurance –  This session will highlight the plans of the new administration to reform the Medicare program and how the reforms will impact current Medicare products.  We will also discuss the potential financial impact on employer-sponsored plans and the viability of the current Medigap market.
Dale Yamamoto, Hewitt Associates, 100 Half Day Rd, Lincolnshire, IL 60069
(PD Credit Approved: eligible for 1 unit)

 17.  Fixed Annuities, Deferred & Immediate – The session will discuss new products, including bucket annuities, term/annuity combos and bonus.  It will provide a comparison of the sales volume of the various product designs and how they stack up against variable annuities.  Pricing and reserving
issues will be considered.  (PD Credit Approved: eligible for 1 unit)
Susan Sell, Milliman & Robertson Inc, Two Conway Park #180, 150 Field Dr, Lake Forest, IL 60045

18.  Financial Reporting for Variable Annuities – Updating progress on statutory reserving for variable annuities with minimum guaranteed income benefits, and US GAAP reserving for variable annuities with minimum guaranteed death benefits.
Vinaya Sharma, Allstate Life Insurance Co, 3100 Sanders Rd, Northbrook, IL 60062
Scott Wright, KPMG LLP, 303 E. Wacker Dr, Chicago, IL 60601

 19. An Alternate Regulatory Perspective-How Bank Regulators Evaluate Bank Risk CANCELED**

 20.  There are two approaches to extreme value theory. The traditional approach is concerned with limiting properties of the minimum or maximum of a random sample. Another approach is based on exceedances over a high threshold. For applications in finance and insurance, the second approach is more relevant. In particular, it can incorporate explanatory (or auxiliary) variables into modeling and predicting the occurrence of exceeding the threshold. This talk provides an overview of the extreme value theory and its application.

An application of EVT is Value at risk (VaR) calculation.  VaR is concerned with financial market risk. It is a single estimate of the amount by which an institution's position in a risk category could decline due to general market movements during a given holding period.  We shall compare VaR based on EVT with those based on other methods, including RiskMetrics and GARCH models. Other applications of EVT are in finance and insurance also discussed. 
(PD Credit Approved: eligible for 1 unit)
Ruey Tsay, University of Chicago Graduate School of Business

  21.  Who Wants to be a Millionaire?  Reinsurance Q&A Game – Reinsurance has traditionally been used primarily as a risk management tool. As insurance products become more complex, the use of reinsurance is no longer confined to just risk management. This session focuses on the key concepts of
reinsurance, including its financial reporting aspects. The speaker will use a graded sequence of multiple-choice questions, ranging from the basic to the advanced, to lead the audience to a deeper understanding of the topic. At the end of the session, the audience should have gained a higher level of
knowledge in financial and risk reinsurance.
Vincent Tsang, Arthur Andersen LLP, MS27-13, 33 W. Monroe St, Chicago, IL 60603

Topic: The Evolution of the Big Tent — Strategic Plans for the Society of Actuaries
This is the annual address to our group by the current SOA president.  Professor Brown will stay for the reception after the meeting.  Later, attendees may join him for dinner at a local restaurant.  Those who are attending dinner will pay their own way.

Speaker:  Rob Brown, President of the Society of Actuaries

Date:  Thursday, February 15, 2001
3:30  Registration
4:00  Speaker
5:00  Hors d’oeuvres (optional)
6:00  Leave for dinner with the SOA President (optional)

Location:  CNA Insurance Companies
Conference Center — 2nd Floor, Room 208
Southeast corner of Jackson and Wabash, Chicago, IL 60606                                      

Cost:  Members:    $30 with hors d’oeuvres, $20 without hors d’oeuvres
      Non Members:    $40 with hors d’oeuvres, $30 without hors d’oeuvres
      Those who are attending dinner will pay their own way.

Topic:  NAIC Update

This meeting will give an overview of the important regulatory issues currently being discussed by the National Association of Insurance Commissioners.  Larry Gorski from the Illinois Insurance Department will discuss the life issues and Donna Novak from William M. Mercer will discuss the relevant health-related topics.  In addition, Randy Reichel from the American Association of Health Plans will discuss the regulatory issues related to HMOs.

Date:  Thursday, December 14, 2000
 3:30  Registration,  4:00  Speakers,  5:00  Hors d’oeuvres

Location:  CNA Insurance Companies     
Conference Center — 2nd Floor, Room 208
Southeast corner of Jackson and Wabash, Chicago, IL                                      

Cost: Members:    $30 with hors d’oeuvres, $20 without hors d’oeuvres
Non Members:    $40 with hors d’oeuvres, $30 without hors d’oeuvres

Topic:  Codification of Statutory Accounting Principles

Currently, statutory reporting is driven by a complex set of specific rules, but there is no framework of concepts and principles that can be applied to situations not governed by the rules.  In the absence of such guidance, different companies treat the same accounting situation in different (inconsistent) ways.  A major effort was undertaken over the last few years to codify SAP, following a pattern similar to GAAP.  Alan Close, who has been intimately involved in the codification project and has made many presentations on the topic, will provide an overview of its main features.  This subject should be of general interest to all actuaries.

Speaker:  Alan Close, CPA, Associate Controller, Northwestern Mutual Life

Date:  Thursday, November 16, 2000

Location:  CNA Insurance Companies, Conference Center — 2nd Floor                                      

Cost: Members:    $30 with hors d’oeuvres, $20 without hors d’oeuvres
Non Members:    $40 with hors d’oeuvres, $30 without hors d’oeuvres

Location:  Sheraton Chicago Hotel and Towers
     301 East North Water Street, Chicago
     SOA Meeting Commuter Lounge
  ____________________________________________________________________

Event:  Hospitality Event at the Society of Actuaries Annual Meeting

Time:  Tuesday, October 17^th, from 4:00pm to 6:00pm

Cost:  Free

The CAA will sponsor a hospitality event on Tuesday within the commuter lounge.  The menu includes hot and cold food, soft drinks, beer and wine.  Because this will be advertised to the out-of-town attendees, it may be a good opportunity for local actuaries and students to meet actuaries from outside our area.

Everyone is welcome, including people not otherwise attending the SOA meeting, and including those who are not CAA members.  No reservation is needed.
  _______________________________________________________________________

Event:  Commuter Lounge at the Society of Actuaries Annual Meeting

The CAA will sponsor the commuter lounge (coffee & soft drinks) at the Society meeting.

Times:
Monday, October 16^th, from 7:30am to 5pm
Tuesday, October 17^th, from 7:30am to 6pm
Wednesday, October 18^th, from 7:30am to 1pm
 

Speaker:  Ron Gebhardtsbauer, Senior Pension Fellow, American Academy of Actuaries.
As Senior Pension Fellow for the American Academy of Actuaries, Ron Gebhardtsbauer is the actuarial profession's chief policy liaison on pension issues. He represents pension actuaries among federal regulators and legislators by providing nonpartisan assistance on legislative and regulatory questions.  Prior to his appointment at the Academy, Mr. Gebhardtsbauer managed the Retirement Practice of William M. Mercer's New York City office.  Previous to that, he was the Chief Actuary of the PBGC for many years.

Topic:  Social Security 2000: An Election Year Perspective
We have all heard, especially in this election year, that the Social Security program is heading toward a financial crisis.  Is there really a problem?  How serious is it?  What impact will proposals such as paying down the national debt or investing program funds in the stock market have on the economy and the program itself?  Mr. Gebhardtsbauer will provide us with his insight on all these questions, as well as his perspective on which presidential candidate's proposed solution appears to be more effective, based on a careful examination of the facts.

Date:  Tuesday, September 26, 2000

Location:  CNA Conference Center
Conference Center — 2nd Floor, Room 208
Southeast corner of Jackson and Wabash, Chicago, IL                                      

Cost: Members:    $30 with hors d’oeuvres, $20 without hors d’oeuvres
Non Members:    $40 with hors d’oeuvres, $30 without hors d’oeuvres

Date:Friday June 2, 2000 (See below for the golfing results)

Location: Chevy Chase Golf Course, Wheeling
Tee Times:7:00 am to 8:30 am (see below)
Fee:$65

Coordinator:Stuart Slutzky, Destiny Health

The Annual Chicago Actuarial Association Golf Outing will once again take place at the Chevy Chase Golf Course in Wheeling.  The Chevy Chase Golf Course is located on Milwaukee Avenue (Route 21), north of Lake Cook Road and south of Deerfield Road.  Milwaukee Avenue is about 1 mile West of 94/294.  The price of the outing ($65) includes 18 holes of golf, cart, beverage tickets, prizes, and lunch.   In an effort to promote networking with your fellow Chicago actuaries, participants should submit their applications with at most one other person.  Golfing foursomes will be based on blind bogey and requested time slot.  The blind bogey should be a number that when subtracted from your 18-hole score gives a result between 72 and 90.  Applications should be submitted along with payment to the Chicago Actuarial Association by May 19^th, 2000, to allow time for scheduling and notification of tee times.  This year, you may register by mail, Fax, or E-mail.  Fax and E-mail registrations require the use of a credit card.  Please send this registration form and payment to:

Stuart Slutzky
Destiny Health
1211 West 22^nd Street, Suite 305
Oak Brook, IL 60523
E-mail: sslutzky@destinyhealth.com
Fax number: (630) 590-4204

If you have questions, please contact Stuart at (630) 590-4216 or E-mail sslutzky@destinyhealth.com

Requested Tee Time (please circle one of these 3 time slots)

7:00am-7:30am        7:30am-8:00am        8:00am-8:30am

Name(s)      Company      Phone Number   E-mail Address   Blind Bogey     

We had a total of 53 golfers

Closest to pin – hole 7 – John Schwegel
Closest to pin – hole 18 – Steven Barclay
Longest Putt – hole 6 – Dave Stefanski
Longest Putt – hole 12 – Stuart Slutzky
Longest Drive(Male) – hole 14 – Dave Hurter
Longest Drive(Female) – hole 3 – Karen Sasveld
Best Score Male – Brian Brugger – 77
Best Score Female – Lisa Bjorkman – 134
Blind Bogey – John Schwegel
Most Balls Lost – Anchilles Natsis – 10+
Worst Score – Ryan Ziemann – 184

DATE:  Thursday, March 23, 2000
1:00 Registration begins
2:00 Workshops
5:00 Reception
5:30 Dinner

PLACE:  Rosemont Convention Center
5555 North River Road
Rosemont, IL 60018

COST:  $60 with dinner, $50 without dinner

Professional Development credit note:  Several sessions were submitted for credit ( ), and four were approved (as indicated below).  Check the list below or click here see the SOA website list of approved sessions.  We welcome and encourage non-actuaries to attend our workshops because information
 covered is relevant to a wide range of work within insurance and consulting business.

2:00 p.m. Sessions  Leaders 1.  Managing the Rising Costs of Prescription Drugs  Prescription drug costs are the fastest growing segment of healthcare in the United States.  Without efficient pharmacy management strategies, the provision of a covered pharmacy benefit will be cost prohibitive in the next five years.  A review of the pharmacy program through identification of the particular cost drivers, assessment of the current benefit design and pharmacy benefit management are the first steps to creating solutions that are client specific.  Strategies such as pharmacy benefit management vendor optimization, physician and member education, benefit design changes to incent appropriate drug utilization, drug utilization review and targeted disease management programs may be implemented as next steps. (PD Credit Approved) Stephen Hill, Director of Risk Mgmt, Cook County Beth Mauer, PharmD., MBA, Senior Manager, Deloitte & Touche 2.  Web Savvy  This session will cover topics such as: Using search engines – which are best for your search? How to get more actuarial hits than misses when surfing What are cookies and how are they used? Internet Privacy – is this just a virtual dream? Peggy Grillot, Web Manager, SOA & Debbie Jay, SOA 3.  XXX Update & Effect on Product Design  This session will cover the latest XXX state updates and review techniques that are currently being used to derive the X factor. There will also be a discussion of the product design features that have evolved due to XXX, including premiums and  guarantees. (  ) Greg Smith, Tillinghast; Mary Bahna-Nolan, NACOLAH 4.  Introduction to Risk Management – The session will help participants to identify different types of risk before focusing on certain financial and operating risks specific to insurance and banking.  A framework will be developed for identifying exposures and techniques to limit them.  Specific topics addressed will include ALM, hedging strategies, reinsurance, product portfolio balancing and diversification, strategic alliances/joint ventures and contract design.  (No PD Credit) John Gould, CNA; Narayan Shankar, CNA; Qing Wang , CNA; Jim Murtaugh, W. M. Mercer 5.  Update on the SOA’s Disability Valuation work  In 1998, LHATF asked the SOA to address individual and group disability reserving issues. An interim new table for individual business was proposed to LHATF in 1999 and work has begun on an experience study, reflecting current products, to potentially lead to a new permanent standard. On the group side, work on the validation of Experience Table 95a as the basis for a new permanent standard has been occurring. This session will report on these activities. Jack Luff, SOA 6.  Life Company Corporate Structure General American’s Experience: Tom Hughes will discuss the changes in the structure of General American Life Insurance Company, covering issues related to mutual company structure, demutualization and the acquisition by Met Life. E. Tom Hughes, Corporate Actuary & Treasurer, General American Life Ins. Co.    3:00 p.m. Sessions  Leaders 7.  Should US Employers Get Out of the Health Care business? 1n 1997, the Xerox corporation announced its intention to get out of the health care business within the next 7 years and continues to pursue that goal. This presentation will show why the health care industry is failing, why there’s nothing employers can do about it and why employers should seriously consider reducing or eliminating their role in the health care delivery process. Gerry Smedinghoff, SYMTEC Inc.  8.  Introduction to Risk Adjusters – This presentation will discuss the various risk adjusting methods. It will focus on the effects of risk adjusters on Medicare + Choice plans, but will also explore the applications of risk adjusters in the commercial market. (PD Credit Approved) Julie Peper, Deloitte & Touche 9.  Refinements in Cash Flow Testing for Equity Indexed Annuities and UL – In addition to interest rate risk, equity indexed products are also subject to index volatility risk and replication risk. The combination of these risks creates additional challenges for actuaries to perform cash flow testing for equity indexed products. This session will focus on the practical aspects of modeling and performing cash flow testing as well as the correlation between interest rate and equity index changes. (  ) Peter Sun, M&R 10.  Fair Value Reporting  – A teaching session which will cover measures and objectives,  tools and methods, the potential impact on the industry and an update on FASB and the International Accounting Standards Committee. (  ) S. Michael McLaughlin, E&Y 11.  Regulatory Update for Stat and GAAP topics  Regulatory updates for Life and Annuity topics, relating to recent changes in Statutory  and GAAP issues. (  ) Richard Browne, KPMG; Cherri Divin,  KPMG 12.  The Future of Actuarial Education and the Role of Academic Institutions This session will provide an opportunity to discuss the White Paper of the Joint CAS, CIA and SOA task force on academic relations. Possible initiatives include accreditation of academic actuarial science programs by the actuarial profession, the creation of actuarial educational material by academic faculty and the use of academic faculty to produce experience studies and tables. Warren Luckner, SOA    4:00 p.m. Sessions  Leaders 13.  Long Term Care –  A basic teaching session on LTC pricing and product design. Topics covered will include development of pricing assumptions, sources of pricing data and current product design features and marketplace issues. (PD Credit Approved) Loretta Jacobs, GE Financial Assurance 14.  Managed Care  Can it survive? Many market pressures are reversing the cost savings that managed care plans have achieved in the last decade. Managed Care plans are faced with “Patient Protection” legislation plus  providers are less willing to give deep discounts, causing some plans to experience large financial losses and others to withdraw from unprofitable markets altogether. This workshop will look at the recent market trends and discuss possible strategies that managed care plans can take to survive.  (  ) Donna Novak, Deloitte & Touche 15.  Evaluating Risk and Reward Tradeoffs in a Stochastic Environment  A framework will be developed for evaluating risk and reward for insurance products in a stochastic environment. This will include examples with alternative structures for assets and liabilities. (PD Credit Approved) George Christopher, Ph.D. Milliman & Robertson 16.  Chicago Actuaries Advancing Student Achievement  The Actuarial Foundation is seeking interested Chicago Actuarial Association members to participate in the pilot of a new "MoneyMath Learning Series" with gifted students.  Session participants will be invited to shape the role of the actuary mentors and to make commitments to the pilot. Additionally, a report on discussions with the AON Foundation exploring the potential development of a mentor project in the inner city will be presented. Joseph Abel, Ph.D.; Ed Bales; Dorothy Weber Ph.D., The Actuarial Foundation 17.  Who wants to be an expert in reinsurance? This session will focus on fundamentals of reinsurance regulations and effects of reinsurance on Statutory and GAAP financial reporting. The presentation format for the session will be similar to a popular TV game show. Richard Browne, KPMG; Vinaya Sharma, Allstate 18.  Update on Company and Policyholder Taxation  The update on company taxation covers recent changes in life, health and annuity federal taxation. Policyholder taxation issues focus on the new procedures for  “Un-MEC’ing a MEC”. (  ) Cherri Divin, KPMG Charles Friedstat, KPMG 19.  An Introduction to Web Site Programming for Actuarial Dummies  This workshop is for actuaries who wish to learn web site programming or for those who want to be able to improve communications with their web site developers. Come get a tour of the best resources to help you learn HTML, CGI programming, javascript, VB script and active server pages. Charles Ritzke, FMSI February 2000 Meeting Leave a reply Topic:  Issues Facing the Profession Speaker:  Norm Crowder, President of the Society of Actuaries Date:  Tuesday February 22, 2000 3:30   Registration  /  4:00  Speaker  /  5:00  Hors d’oeuvres Understanding the issues facing our profession is critical to setting SOA priorities and allocating resources for future programs.  Following Norm’s presentation, there will be time for questions and discussion.  Every year when the president of the SOA comes to us we have received favorable feedback.  Please join us for this opportunity to hear Norm Crowder speak and ask him questions. Location:CNA Insurance Companies                                 Conference Center — 2nd Floor Jackson and Wabash, Chicago, IL 60606                                       Cost:   Members:    $30 with hors d’oeuvres, $20 without hors d’oeuvres Non Members:    $40 with hors d’oeuvres, $30 without hors d’oeuvres To attend the meeting, please enter CNA at the Jackson entrance and check in at the security desk before proceeding to the 2nd floor conference center.