American Risk and Insurance Association

ARIA weekly listserv announcements #42 - week of October 6, 2008

American Risk & Insurance Association
716 Providence Road, Malvern, PA 19355
610-644-2100 FAX 610-725-1007
www.aria.org email: aria@cpcuiia.org

Greetings ARIA members: Today’s listserv contains the following:

Drake University College of Business and Public Administration seeks Assistant, Associate, or full Professor of Actuarial Science The Chinese University of Hong Kong Department of Finance seeks Associate/Assistant Professor The Geneva Association and the International Insurance Society Insurance Inc. Research Awards Partnership 2009 Call for Papers
ARIA By-Laws Amendment for vote

Drake University Drake University is accepting applications for a full-time Assistant, Associate, or full Professor of Actuarial Science. Please see the attached document for additional details.

The Chinese University of Hong Kong The Chinese University of Hong Kong Department of Finance is accepting applications for an Associate/Assistant Professor. Please see the attached document for additional details.

The Geneva Association/International Insurance Society, Inc. Call for Papers The Geneva Association and the International Insurance Society Insurance Research Awards Partnership Call for Papers is to be presented at the IIS Seminar in Amman, Jordan on June 7-10, 2009. The deadline for submissions is February 27, 2009. Please see the attached document for additional details.

A Message to All ARIA Members The 2009 election of officers is several months away, but it is not too early to consider individuals who might be interested in serving on ARIA’s Board. Office is open to all ARIA members regardless of residence. Two members will be elected to a three year term on the Board. One Board position will represent the industry or an insurance organization/association and the other will represent academia. Nominations also are open for Vice President, although Board members whose terms are expiring are usually considered first for nomination for this position. Names of individuals for consideration as possible nominees to the 2009 ARIA Board should be e-mailed to the Executive Office, aria@cpcuiia.org no later than December 15, 2008. Names will be provided to the Nominations Committee for their consideration. The final slate of nominees will be presented to the Board for their approval and then ballots will be distributed to ARIA’s current members in April 2009. Also related to the election of officers, the section of the By-Laws describing the Committee on Nominations is presented below.

BY-LAWS American Risk and Insurance Association

B. There shall be a Committee on Nominations. This committee shall consist of eleven members, one of whom shall serve as Chairperson. At least two of the eleven members shall be past officers of the Association. The members and the Chairperson of this Committee shall be appointed by the President, subject to the approval of the Board of Directors, as early in each year as possible. The duties of this Committee shall be set forth in the By-laws concerning election procedures.

ARIA’s Board has agreed that 11 nomination committee members is unwieldy. The number should be reduced to five, with one member representing the industry or an insurance organization/association. As a result, an amendment to the By-Laws is presented herein for a vote by the membership. A By-Law can be voted on via e-mail or postal mail rather than waiting until the annual meeting. See below.

VIII. AMENDMENTS

The By-Laws may be amended by submitting the proposed amendment, signed by at least two-thirds of the members of the Board of Directors or twenty members of the Association, to the members of the Association. The members shall either ratify or reject the amendment by a written communication addressed to the Executive Director of the Association. The amendment shall be deemed ratified and effective only if two-thirds of the votes received within one month of the date on which the copy of the amendment is forwarded to the members are in favor of such amendment.

The suggested amendment to the section of the By-Laws addressing the Committee on Nominations would read:

B. There shall be a Committee on Nominations. This committee shall consist of five members, one of whom shall serve as Chairperson. One member shall represent the insurance industry or an insurance organization/association. At least two of the five members shall be past officers of the Association. The Chairperson of the Committee on Nominations, who shall appoint the additional members of the committee, shall be appointed by the President. All members of the Committee on Nominations are subject to the approval of the Board of Directors, as early in each year as possible. The duties of this Committee shall be set forth in the By-Laws concerning election procedures.

By-Laws American Risk and Insurance Association

Do you favor reducing the number of committee members to five?

Yes □ No □

Do you favor having at least one member of the Committee on Nominations to represent the insurance industry or an insurance organization/association?

Yes □ No □

All votes are due to the executive office one month from the current date. The e-mail address is aria@cpcuiia.org The mailing address is: ARIA Executive Office716 Providence RoadMalvern, PA 19355-3402 Thank you.