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.
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 issues in property/casualty actuarial practice.
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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
Soundness and solvency issues facing property and casualty insurance companies.
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Workers’ Compensation
Workers’ compensation issues as they relate to property and casualty actuarial practice.
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Casualty Resources
Comment / Letter
Comment Letter on Proposed ASOP on Future Costs for P/C Risk Transfer and Funding
Casualty Practice Council comments on the ASB’s third exposure of the proposed Actuarial Standards of Practice (ASOP), Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk…
Policy Paper
Monograph on Issues Surrounding National Flood Insurance Program
Flood Insurance Work Group monograph on the National Flood Insurance Program (NFIP) that examines key issues surrounding the NFIP, including rising sea levels, the differences between the NFIP and…
Topics: Casualty
Comment / Letter
Comments on California Guidance for Workers’ Comp Self-Insureds
Workers’ Compensation Committee comment letter to California’s Offfice of Self-Insured Plans regarding guidance on actuarial reports on self-insured workers’ compensation plans.
Presentation
Presentation on Actuaries Climate Index to Federal Officials
Academy Senior Casualty Fellow Jim MacGinnitie presented the Actuaries Climate Index and Actuaries Climate Risk Index to the Inter-Agency Forum on Climate Change Impacts and Adaptations meeting at…
Comment / Letter
Comments on Association Health Plans in U.S. House Bill
Individual and Small Group Markets Committee comments to the U.S. House Committee on Education and the Workforce on H.R. 1101, the Small Business Health Fairness Act, related to association health…
Comment / Letter
P/C and Health Group Comments on Operational Risk Factor
Joint Property and Casualty Risk-Based Capital Committee and Health Solvency Subcommittee letter to the NAIC’s Operational Risk Subgroup on proposed changes to the operational risk factor in…
NAIC Report
Report to NAIC on P/C RBC Underwriting Factors
Property and Casualty Risk-Based Capital Committee report to the NAIC’s Property/Casualty Risk-Based Capital (E) Working Group providing a detailed update of property and casualty risk-based capital…
Comment / Letter
COPLFR Letter to NAIC on Inconsistencies in Loss Reserve Instructions for International Insurers
Comment letter from the Committee on Property and Liability Financial Reporting (COPLFR) to the NAIC noting inconsistencies in the instructions for certification of loss reserves for international…
Comment / Letter
Council Letter to U.S. Senate Committee on Flood Insurance
Casualty Practice Council and P/C Extreme Events Committee letter to U.S. Senate Banking, Housing and Urban Affairs Committee on HR 2901, The Flood Insurance Market Parity and Modernization Act,…
Topics: Casualty
Comment / Letter