Paul Fleischacker Appointed Chairperson of the Actuarial Board for Counseling and Discipline

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Dec 15, 2011, 12:30 ET

WASHINGTON, Dec. 15, 2011 /PRNewswire-USNewswire/ -- Paul Fleischacker will begin his term as chairperson of the Actuarial Board for Counseling and Discipline (ABCD) on Jan. 1. He was appointed to the post by the Council of U.S. Presidents, a committee comprised of the presidents and presidents-elect of the five U.S.-based actuarial organizations. Fleischacker currently is in his second year as vice chairperson of the ABCD and will succeed Curtis Huntington as chairperson.

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Fleischacker is a retired insurance executive and consultant with considerable experience with group health and life insurance as well as individual health insurance. He retired in 2002 as the vice president and chief actuary for Highmark Blue Cross Blue Shield in Pittsburgh, Pa. Before that he served in a similar capacity for Empire Blue Cross and Blue Shield in New York. He also has 25 years of actuarial consulting experience.

Fleischacker is a member and volunteer of the American Academy of Actuaries and the Society of Actuaries. He has served as the chairperson of the Actuarial Standards Board's Health Committee and as a board member for the Society of Actuaries. Fleischacker is a native of Des Moines, Iowa, where he earned a bachelor's degree in actuarial science from Drake University in 1965. He graduated from Dowling High School in 1960. Fleischacker resides in West Palm Beach, Fla.

The Actuarial Board for Counseling and Discipline responds to actuaries' requests for guidance on professional issues and considers complaints about possible violations of the actuarial Code(s) of Professional Conduct. It was established within and is supported by the American Academy of Actuaries. For more information, contact Andrew Simonelli, assistant director of communications for the American Academy of Actuaries, at 202.785.7872 or visit: www.abcdboard.org/.

The American Academy of Actuaries is a 17,000-member professional association whose mission is to serve the public and 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