Lauren Cavanaugh, VP-Casualty, submitted written comments on proposed legislation to provide federal government backing for future pandemic risk coverage in Business Interruption insurance.

The Committee on Property and Liability Financial Reporting has submitted comments to the NAIC's Actuarial Opinion Working Group, suggesting some changes to the wording the Financial Examiners Handbook. 

Senior Casualty Fellow Rich Gibson submitted comments on the latest draft of the National Association of Insurance Commissioners' proposed white paper on Regulatory Review of Predictive Models. 

The Casualty Practice Council commented on H.R. 7011, a proposal to facilitate expansion of Business Interruption coverage to include future pandemic events. 

The Academy's Cyber Risk Task Force commented to the Government Accountability Office on the question of how cyber-attacks may be addressed under the Terrorism Risk Insurance Act. 

The Committee on Property and Liability Financial Reporting submitted comments to the National Association of Insurance Commissioners, regarding proposed instructions for the 2020 Statement of Actuarial Opinion for P&C companies. 

The American Academy of Actuaries submitted a letter to members of the Blanks Working Group regarding their proposal on the certification of continuing education (“CE”) compliance by “Appointed Actuaries” who sign statements of actuarial opinion for property and casualty insurers.

The Committee on Property and Casualty Liability Financial Reporting filed comments on the CAS/SOA proposed new form for P/C Appointed Actuaries to report their continuing education activities

The Committee on Property and Liability Financial Reporting sent a comment letter to the NAIC's Statutory Accounting Principles Working Group, continuing a dialogue about financial reporting of certain retroactive reinsurance transactions. 

The Casualty Practice Council's comments to the Actuarial Standards Board regarding a proposed new ASOP on rate-filings by property/casualty insurers.

The Extreme Events and Property Lines Committee responded to the NAIC's Catastrophic Risk Subgroup's request for additional information about wildfires.

Senior casualty fellow Rich Gibson's comments to the NAIC's Casualty Actuarial and Statistical Task Force on the latest draft of a proposed white paper on Regulatory Review of Predictive Models

The Casualty Practice Council's comment letter to the U.S. House Committee on Financial Services regarding reauthorization of the Terrorism Risk Insurance Act. A similar letter was sent to the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

The Casualty Practice Council's comment letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs regarding reauthorization of the Terrorism Risk Insurance Act. A similar letter was sent to the U.S. House Committee on Financial Services. 

Committee on Property and Liability Financial Reporting letter to the NAIC’s Actuarial Opinion Working Group on Draft Regulatory Guidance (2 of 2).

Committee on Property and Liability Financial Reporting letter to the NAIC’s Actuarial Opinion Working Group on Draft Regulatory Guidance (1 of 2).

Academy President Shawna Ackerman's comments to the NAIC's Blanks Working Group regarding proposed changes in qualifications for casualty actuaries who file statements of actuarial opinion.

The Academy's Casualty Practice Council's comments on the proposed revision of the ASOP on Assumptions.

Academy comments on NAIC Casualty Actuarial and Statistical (C) Task Force exposure draft of proposed P/C Statement of Actuarial Opinion Instructions.

COPLFR comment letter to the NAIC regarding ambiguity in how companies should report retroactive reinsurance and other loss portfolio transfer matters.