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

Practice Note

Reinsurance Attestation Supplement 20-1: Risk Transfer Testing

Reinsurance Attestation Supplement 20-1: Risk Transfer Testing Committee on Property & Liability Financial Reporting practice note on risk transfer testing.
Date Published: 02/01/2007
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Practice Note

Statements of Actuarial Opinion on P&C Loss Reserves (2006)

ittee on Property & Liability Financial Reporting’s practice note Regarding Statements of Actuarial Opinion on Property and Casualty Loss Reserves.PLEASE NOTE: This practice note was superseded by…
Date Published: 01/04/2007
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NAIC Report

Report on Risk-Focused Surveillance Framework

Financial Soundness/Risk Management Committee report on issues related to the financial regulation of insurers, including a review of a risk-focused surveillance framework.
Date Published: 06/10/2006
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Comment / Letter

Letter to Congress on Availability and Pricing of Medical Malpractice Insurance

Medical Malpractice Subcommittee comments on S. 22 and S. 23, a pair of medical professional liability reform bills being considered in the Senate.
Topics: Casualty
Date Published: 05/08/2006
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Comment / Letter

Comments to Presidential Working Group on Terrorism Risk Insurance

Terrorism Risk Insurance Subgroup comments to the President’s Working Group on Financial Markets on terrorism risk insurance issues.
Topics: Casualty
Date Published: 04/21/2006
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Comment / Letter

Comments to Presidential Working Group on Terrorism Risk Insurance

Terrorism Risk Insurance Subgroup comments to the President’s Working Group on Financial Markets on terrorism risk insurance issues.
Topics: Casualty
Date Published: 04/21/2006
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NAIC Report

Testimony to NAIC on Terrorism Insurance Issues

Terrorism Risk Insurance Subgroup testimony to an NAIC meeting on terrorism insurance issues.
Topics: Casualty NAIC
Date Published: 03/29/2006
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Issue Brief

Current Issues in Asbestos Litigation

Mass Torts Subcommittee issue brief on current issues in asbestos litigation, including a summary of available litigation-related data and a highlight of recent changes in the litigation
Topics: ASB Casualty
Date Published: 02/01/2006
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Comment / Letter

COPLFR Comments on Draft Bermuda Monetary Authority Guidance

Comments from COPLFR about draft Bermuda Monetary Authority guidance on the role of the loss reserve specialist.
Date Published: 12/22/2005
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Analysis of proposals to extend the Terrorism Risk Insurance Act of 2002

The Terrorism Risk Insurance Subgroup’s analysis of proposals to extend or replace the Terrorism Risk Insurance Act of 2002.
Topics: Casualty
Date Published: 12/02/2005
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