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 to RFI from the Treasury Department and FIO on Availability and Affordability of Auto Insurance
Automobile Insurance Committee comments to the U.S. Department of the Treasury and Federal Insurance Office (FIO) request for information (RFI) relating to regarding FIO’s future work relating to…
Topics: Casualty
Comment / Letter
COPLFR Comment Letter to the NAIC Casualty Actuarial and Statistical (C) Task Force
The Committee on Property and Liability Financial Reporting (COPLFR) sent a comment letter to the National Association of Insurance Commissioners (NAIC) Casualty Actuarial and Statistical (C) Task…
Comment / Letter
COPLFR Comment Letter to the NAIC Blanks (E) Working Group
The Committee on Property and Liability Financial Reporting (COPLFR) sent a comment letter to the National Association of Insurance Commissioners (NAIC) Blanks Working Group on proposed changes to…RMFRC and CPC Climate Work Groups Submit Comments to New York on Climate Related Risks
The Climate-Related Financial Disclosures Work Group and the Actuaries Climate Index/Actuaries Climate Risk Index Work Group submitted comments to the New York State Department of Financial Services…RMFRC and CPC Climate Work Groups Submit Comments to SEC on Climate Disclosures
The Climate-Related Financial Disclosures Work Group and the Actuaries Climate Index/Actuaries Climate Risk Index Work Group jointly submitted comments to the Securities and Exchange Commission’s…
Presentation
P/C RBC Committee Presents to NAIC
David Traugott, Chairperson of the Academy’s Property and Casualty Risk Based Capital (P/C RBC) Committee, presented an update on P/C RBC underwriting factors experience to the NAIC’s P/C RBC (E)…CPC Comments on Proposed ASOP on Setting Assumptions
The Academy’s Casualty Practice Council submitted comments to the Actuarial Standards Board regarding the setting assumptions actuarial standard of practice (ASOP).
Comment / Letter
Proposed Actuarial Standard of Practice (ASOP) on Setting Assumptions
Proposed Actuarial Standard of Practice (ASOP) on Setting AssumptionsThe Academy’s Casualty Practice Council submitted comments to the Actuarial Standards Board regarding the setting assumptions…Date Published: 04/15/2021
Comment / Letter
Casualty Practice Council Submits Comments on Colorado Senate Bill 21-169
The Casualty Practice Council submitted a comment letter on Colorado Senate Bill 21-169 which is aimed to protect consumers from unfair discrimination in insurance practices. The comments addressed…
Topics: Casualty
Issue Brief Released on Auto Insurance and COVID-19
The Automobile Insurance Committee released an issue brief on automobile insurance considerations arising from the COVID-19 pandemic.
Topics: Casualty