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
NAIC Report
Current Liability Reporting Presentation at CIPR Summit
Casualty Practice Council presentation by Academy Vice President Mike Angelina to the NAIC’s Center for Insurance Policy and Research Summit on the effects of current liability reporting.
NAIC Report
CPC Presentation to NAIC on Property/Casualty Insurance Issues
Casualty Practice Council presentation by Academy Vice President Mike Angelina to the NAIC’s Center for Insurance Policy and Research Summit on property/casualty insurance issues.
NAIC Report
Presentation to Regulators on Process Allowing Non-CAS Members to Sign NAIC P/C Opinions
Presentation to the NAIC’s Casualty Actuarial & Statistical Task Force on the Casualty Practice Council’s application process for non-CAS members to be approved to sign NAIC P/C Opinions.
Presentation
Presentation to State Legislators at NCOIL Summer Meeting on Future of Flood Insurance Program
Presentation to National Conference of Insurance Legislators Summer Meeting on the future of the National Flood Insurance Program following the 2012 passage of the Biggert-Waters Flood Insurance…
Topics: Casualty
Comment / Letter
Comments to FIO on Natural Catastrophes and Insurance
Extreme Events Committee comment letter to the Federal Insurance Office on the current state of the market for natural catastrophe insurance.
Comment / Letter
Comments on Proposed Regulations on CA Workers’ Comp Self-Insurance Plans
FR comment letter to the California Office of Self Insurance Plans concerning proposed final regulations on the state’s workers’ compensation self-insurance plans.
Comment / Letter
Solvency Committee Comments on NAIC SMI White Paper
The Solvency Committee submitted comments to the NAIC on its revised version of a draft white paper on the Solvency Modernization Initiative and insurance regulation.
Comment / Letter
CPC Comment Letter on BIS Mortgage Insurance Report
Casualty Practice Council comment letter to the Bank for International Settlements on its mortgage insurance document.
Topics: Casualty
NAIC Report
Presentation to NAIC on Terrorism Risk Insurance
Casualty Practice Council presentation to the NAIC’s Center for Insurance Policy and Research Brunch event on insurance for acts of terrorism.
NAIC Report