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
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 Resources

Toolkit

Cyber Risk Toolkit: SEC Cybersecurity Disclosure Requirements and Related Directors & Officers Liability Risks

“SEC Cybersecurity Disclosure Requirements and Related Directors & Officers Liability Risks,” the latest release in the Cyber Risk Toolkit, details how the United States Securities and…
Date Published: 05/08/2025
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Presentation

Academy Presents on Cyber Risk at CAS Spring Meeting 

Committee on Cyber Risk members presented at the Casualty Actuarial Society (CAS) Spring Meeting in Toronto on “Cyber: Global Market Update and D&O Risk.” 
Topics: Casualty
Date Published: 05/05/2025
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Comment / Letter

P/C Equity & Fairness Committee Comments to Colorado DOI

The P&C Committee on Equity and Fairness submitted comments to the Colorado Division of Insurance (DOI) on the exposed template of the DOI’s upcoming data call on private passenger auto…
Date Published: 04/25/2025
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Presentation

C1 Subcommittee Updates NAIC’s RBC Investment Risk Working Group

The C1 Subcommittee gave an update to NAIC’s Risk-Based Capital (RBC) Investment Risk Evaluation (E) Working Group on its work determining comparable attributes of collateralized loan obligations…
Date Published: 03/25/2025
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Presentation

Academy Gives CPC Update to CASTF at NAIC Spring 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 Spring…
Date Published: 03/24/2025
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Presentation

P/C RBC Committee Presents to NAIC Working Group

P/C RBC Committee Chairperson Ron Wilkins gave an update to NAIC’s P/C RBC (E) Working Group on R4/R5 factors and the committee’s 2025 priorities.
Date Published: 03/24/2025
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Comment / Letter

Practice Councils Comment to ASB on ASOP No. 41

The Casualty Practice Council, Health Practice Council, and Retirement Practice Council sent comments to the Actuarial Standards Board (ASB) on the second exposure draft of Actuarial Standard of…
Date Published: 03/14/2025
Comment / Letter

Practice Councils Comment to NAIC’s New RBC Model Governance Task Force

Vice presidents of the Academy’s Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Council provided comments to the NAIC’s…
Date Published: 03/14/2025
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Presentation

Subcommittee Presents to RBCIRE on CLO Project

The C1 Subcommittee presented an update to the Risk-Based Capital Investment Risk Evaluation (E) Working Group on their work determining comparable attributes of collateralized loan obligations…
Date Published: 02/11/2025
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Practice Note

COPLFR FAQs Document Addresses Wildfires Issues

A new document from the Committee on Property and Liability Financial Reporting (COPLFR) addresses issues raised by the recent Los Angeles wildfires. The Supplement to the 2024 COPLFR Practice…
Date Published: 02/07/2025
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