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American Academy of Actuaries Honors John Purple

Mon Oct 26, 2009 3:17pm EDT
Former Chief Actuary for the Connecticut Insurance Department Receives Public
Service Award

WASHINGTON, Oct. 26 /PRNewswire-USNewswire/ -- The American Academy of
Actuaries honored John Purple with the 2009 Robert J. Myers Award for Public
Service earlier today during its luncheon and annual meeting in Boston. 
Purple was selected in recognition of his contributions to the public good
through his years of service during his tenure as chief actuary with the
Connecticut Insurance Department, a position he held from 1998 until his
retirement earlier this year.

During this time, he was active on numerous committees and task forces of the
National Association of Insurance Commissioners (NAIC).  Purple represented
Connecticut on the Life and Health Actuarial Task Force, the Capital Adequacy
Task Force, and the Casualty Actuarial and Statistical Task Force, on which he
served as chairperson for the past seven years. Under his leadership the task
force developed the Actuarial Opinion Summary Model Law and the Medical
Professional Liability Closed Claim Reporting Model Law.

Before joining the Connecticut Insurance Department, Purple was a consulting
actuary with Anderson Worldwide, now the Accenture Group. He started his
actuarial career with Aetna Life & Casualty, where he worked for more than 20
years and earned the title of vice president and actuary in its commercial
lines division. Purple became a member of the American Academy of Actuaries in
1979.

The annual award is named after Robert J. Myers, who helped structure and fund
the nation's largest social insurance program in history during his tenure as
the chief actuary of the Social Security Administration from 1947 to 1970. 
The award was established in 1994 to honor Myer's lifelong commitment to
public service. The award is bestowed upon an actuary who has distinguished
himself or herself through many years of service in the public sector.

For more information or digital photographs from the Academy's annual meeting,
contact Andrew Simonelli, assistant director of communications for the
American Academy of Actuaries, at 202.785.7872. For more information on the
American Academy of Actuaries, please visit: www.actuary.org. 

The American Academy of Actuaries is a 16,000-member professional association
whose mission is to serve the public on behalf of the U.S. actuarial
profession. The Academy assists public policymakers on all levels by providing
leadership, objective expertise, and actuarial advice on risk and financial
security issues. The Academy also sets qualification, practice, and
professionalism standards for actuaries in the United States.


SOURCE  American Academy of Actuaries

Andrew Simonelli of American Academy of Actuaries, +1-202-785-7872,
simonelli@actuary.org



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