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October 2, 2015

TDI Actuary Boerner Wins National Award

AUSTIN – Mike Boerner, director of the actuarial office for the Texas Department of Insurance (TDI), is the 2015 recipient of the Robert J. Myers Public Service Award from the American Academy of Actuaries. The award will be presented at the Academy’s Annual Meeting and Public Policy Forum in November in Washington, D.C.

 “I can think of no one more deserving of this honor than Mike,” said Doug Slape, TDI deputy commissioner for financial regulation. “Where others see only obstacles, Mike has brokered balanced and pragmatic solutions to complex financial issues.” 

“Mike has been the leading state actuary for many years in the development and implementation of principle-based reserving, which is a sea change in how life insurance reserves are to be calculated,” said Academy President Mary D. Miller.  “His peers have praised Mike for his even-handed, honest approach to solving problems and for the high level of quality he sets for himself in the performance of his role as chair of the life actuarial task force.”

 As chair of that task force for the National Association of Insurance Commissioners, Boerner helped develop a valuation manual for reserve requirements across states. He is also a member of working committees on life risk-based capital and health actuarial policies and of the American Academy of Actuaries Life Practice Council.

“It is a tremendous and unexpected honor to receive this award from my Academy peers,” Boerner said. “The honor belongs not just to me, but also to my many colleagues and friends who are dedicated to applying the skills and knowledge of the actuarial profession in serving the public.”

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Last updated: 10/2/2015