Casualty Practice Council

Councils Comment to NSF on Climate Research Center

The Risk Management and Financial Reporting Council, Casualty Practice Council, and Research Committee submitted a joint comment letter to the National Science Foundation urging reconsideration of...

Statements of Actuarial Opinion on P/C Loss Reserves (2025)

The Committee on Property and Liability Financial Reporting’s practice note on Statements of Actuarial Opinion on P/C Loss Reserves (2025), including discussion regarding changes in the NAIC...

Academy Presents to NAIC Title Insurance Working Group

Director of Research Steve Jackson presented a “Title Insurance Research Update” to the NAIC’s Title Insurance (C) Working Group at the NAIC’s Fall National Meeting in Hollywood, Fla.

CPC Updates CASTF at NAIC Fall Meeting

Senior Casualty Fellow Rich Gibson provided an update on Casualty Practice Council (CPC) activities to the NAIC’s Casualty Actuarial and Statistical (C) Task Force (CASTF) at NAIC’s Fall...

PC RBC Committee Presentation to NAIC

Ron Wilkins, Chair, and Allan Kaufman, Member, presented the findings of the Property and Casualty Risk-Based Capital Premium and Loss Concentration Factors Report to the NAIC's Property and...

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)...

Attribution Science from an Actuarial Perspective

The Climate Change Joint Committee released Attribution Science from an Actuarial Perspective, an issue brief exploring how climate attribution science can be used in risk assessment and public...

Climate Events and Insurance Affordability

Members of the Climate Change Joint Committee, along with Washington Insurance Commissioner Patty Kuderer, presented, Climate Events and Insurance Affordability, at the 2025 SOA ImpACT...

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...

Climate Scenario Considerations: U.S. Own Risk and Solvency Assessment (ORSA)

The Climate Related Financial Disclosures Subcommittee and the Climate Change Joint Committee released Climate Scenario Considerations: U.S. Own Risk and Solvency Assessment (ORSA), a policy paper...

Finding and Using Climate Data

Members of the Climate Change Joint Committee presented, Finding and Using Climate Data, at the 2025 SOA ImpACT Conference. This session explored the current landscape of climate data through the...

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...

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...

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...

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...

Climate Data: Actuarial Perspectives on Quality, Challenges, and Effective Risk Quantification

The Climate Change Joint Committee released a policy paper examining the wide variety of actuarial data challenges in climate-related risk quantification. While reflecting the current emphasis on...

CPC Updates CASTF at NAIC Summer Meeting

Casualty Policy Project Manager Rob Fischer provided an update on Casualty Practice Council (CPC) activities to the NAIC's Casualty Actuarial and Statistical (C) Task Force (CASTF) at NAIC's Summer...

Cyber Risk Toolkit: An Overview of the Global Cyber (Re)Insurance Market

The global cyber insurance market is rapidly evolving and varies by geography. A new paper, "An Overview of the Global Cyber (Re)Insurance Market," added to the Cyber Risk Toolkit provides a...

CPC Comments on ASOP No. 20 

The Casualty Practice Council (CPC) submitted comments on the exposure draft of Actuarial Standard of Practice (ASOP) No. 20, Analysis of Property/Casualty Cash Flows, Including Discounting. 

Practice Councils Comment to NAIC on 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 NAIC's Risk-Based...