Casualty

The Academy’s Casualty Practice Council (CPC) offers invaluable technical guidance to policymakers and regulators, ensuring clarity and informed decision-making around property and casualty concerns.

The CPC helps shape the future of public policy and create a safer and more resilient future for all.

Casualty
Cyber Risk Toolkit

Cyber Risk Toolkit

A series of papers addressing issues pertinent to cyber risk insurance and cyber exposure.
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Extreme Events

Extreme Events

Floods, earthquakes, other natural catastrophes; terrorist events; and mass torts.
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Financial Reporting and Loss Reserving

Financial Reporting and Loss Reserving

Financial reporting and loss reserving issues in property/casualty actuarial practice.
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Medical Professional Liability

Medical Professional Liability

Medical professional liability insurance issues.
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Risk Classification

Risk Classification

Use of risk-based insurance scoring in auto and other insurance lines.
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Risk-Based Capital

Risk-Based Capital

Risk-based capital issues in property and casualty actuarial practice, including its treatment by the National Association of Insurance Commissioners.
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Solvency and Soundness

Solvency and Soundness

Soundness and solvency issues facing property and casualty insurance companies.
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Workers' Compensation

Workers’ Compensation

Workers’ compensation issues as they relate to property and casualty actuarial practice.
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More Casualty

Casualty News

ERM Committee News

ASB Approves Exposure Draft Of Proposed Capital Adequacy Assessment ASOP

The ASB recently approved an exposure draft of a proposed new ASOP titled Capital Adequacy Assessment for Insurers. The proposed ASOP will apply to actuaries involved in capital adequacy assessment…
Topics: ASB News
Date Published: 09/26/2016
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Casualty Resources

NAIC Report

Property and Casualty Risk-Based Capital Premium and Loss Concentration Factors Report

The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital…
Topics: Casualty
Date Published: 11/12/2025
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Presentation

Academy Presentation at CAS Annual Meeting

Rob Fischer, Casualty Policy Project Manager, and Rich Gibson, Senior Casualty Fellow, presented a session titled, 2025 Public Policy Update, at the CAS Annual Meeting in Austin, TX. 
Topics: Casualty
Date Published: 11/12/2025
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Presentation

Property and Casualty Risk-Based Capital Premium and Loss Concentration Factors Report

The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital (E)…
Date Published: 11/12/2025
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Policy Paper

Personal Cyber: An Intro to Risk Reduction and Mitigation Strategies

This chapter, updated in Nov. 2025, identifies some of the penetration points of cyberattacks from an individual’s perspective and examines how an individual can work to minimize their risk of…
Topics: Cyber Cyber Risk
Date Published: 11/05/2025
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Comment / Letter

Practice Councils Comment to NAIC on Revised RBC Principles

The Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Practice Council submitted a joint comment letter to the NAIC’s…
Date Published: 10/24/2025
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Resource

Applicability Guidelines for Actuarial Standards of Practice

Introduction to the Applicability Guidelines Actuarial Standards of Practice.  The Actuarial Standards Board (ASB) sets standards for appropriate actuarial practice in the United States…
Date Published: 10/14/2025
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Issue Brief

Influential Features in the Workers’ Compensation System—What You May Not Know

The Workers’ Compensation Committee released Influential Features in the Workers’ Compensation System—What You May Not Know, an issue brief that examines how state-specific…
Topics: Casualty
Date Published: 10/07/2025
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Comment / Letter

Comment Letter to NAIC on AI Systems Evaluation Tool

Providing an actuarial perspective on responsible use of AI in insurance, vice presidents from the Academy’s casualty, health, life, and risk management and financial reporting councils sent a…
Date Published: 09/08/2025
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Comment / Letter

Homeowners’ Insurance Task Force Comments to NAIC

Homeowners’ Insurance Task Force Chairperson Ken Doss sent a comment letter to the NAIC in response to the Property and Casualty Insurance (C) Committee’s recently released Availability and…
Topics: Casualty
Date Published: 08/28/2025
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ASOP

Property/Casualty Ratemaking (Second Exposure Draft)

December 2015 TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in Property/Casualty Ratemaking FROM:…
Date Published: 08/26/2025
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