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
Committee Comments to California on Catastrophe Modeling
The P/C Extreme Events and Property Lines Committee submitted a comment letter to the California Department of Insurance in advance of the department’s public workshop on its draft regulation that…
Comment / Letter
Cross-Practice Letter on NY Proposed Circular on AIS and ECDIS in Insurance Underwriting and Pricing
The Academy’s Health, Life, and Casualty practice councils submitted comments on New York State Department of Financial Services’ proposed insurance circular letter on the use of Artificial…
Presentation
Academy Gives Overview of Climate Work to German Actuarial Association
Director of Research (Public Policy) Steve Jackson and Peter Ott, chairperson of the ACI/ACRI (Actuaries Climate Index / Actuaries Climate Research Index) Working Group and a vice chairperson of the…
Practice Note
Statements of Actuarial Opinion on P/C Loss Reserves (2023)
The Committee on Property and Liability Financial Reporting’s practice note on Statements of Actuarial Opinion on P/C Loss Reserves (2023), including discussion regarding changes in the NAIC Annual…
Presentation
Workers’ Compensation Committee Presentation to NCOIL
Derek Jones, Chairman of the Workers’ Compensation Committee, presented on the committee’s issue brief, Navigating Workers’ Compensation and Medical Marijuana, during the National Council of…
Presentation
P&C RBC Committee Presentation to NAIC
Wilkins, chairperson of the P&C Risk-Based Capital Committee, presented to the NAIC Property and Casualty Risk-Based Capital (E) Working Group and the Catastrophe Risk (E) Subgroup on the Academy’s…
Comment / Letter
COPLFR Comments to ASB on ASOP No. 36
The Committee on Property and Liability Financial Reporting, submitted a comment letter to the Actuarial Standards Board (ASB) on the second exposure draft of ASOP no. 36, Statements of Actuarial…Practice Councils Engage With Colorado on Antidiscrimination
The Life Practice Council and Casualty Practice Council submitted comments to the Colorado Division of Insurance on its draft regulation, Concerning Quantitative Testing of External Consumer Data and…
NAIC Report
Committee Releases Report to the NAIC
The P/C Risk Basked Capital Committee released a Report to the NAIC P&C RBC (E) Working Group Update to P&C RBC Underwriting Factors and Investment Income Adjustment Factors.
Presentation