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

Comment / Letter

Committee Comments to California Department of Insurance

The P/C Extreme Events and Property Lines Committee submitted a comment letter to the California Department of Insurance for the Department’s upcoming public workshop on Catastrophe Modeling and…
Topics: Casualty
Date Published: 07/12/2023
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Comment / Letter

COPLFR Comments to IRS on Micro-Captives

The Committee on Property Liability and Financial Reporting (COPLFR) submitted a comment letter to the Internal Revenue Service (IRS) on an exposure on Micro-Captive Listed Transactions and…
Date Published: 06/12/2023
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Comment / Letter

CPC Comments to ASB on ASOP No. 29

The Casualty Practice Council submitted a comment letter to the Actuarial Standards Board (ASB) on the second exposure draft of ASOP No. 29, Expense Provisions in Property/Casualty Insurance…
Date Published: 05/01/2023
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Comment / Letter

Comment Letter to NAIC Blanks (E) Working Group

The Committee on Property Liability and Financial Reporting (COPLFR) and the Health Practice Council’s Committee on Financial Reporting and Solvency submitted a comment letter to the National…
Date Published: 04/26/2023
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Comment / Letter

Letter to NAIC Casualty Actuarial and Statistical (C) Task Force

The Committee on Property Liability and Financial Reporting (COPLFR) submitted a comment letter to the National Association of Insurance Commissioners (NAIC) Casualty Actuarial and Statistical (C)…
Date Published: 04/26/2023
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Comment / Letter

Life Practice Council, Health Practice Council, and Casualty Practice Council Submit a Joint Comment Letter to the Colorado Division of Insurance

The Life Practice Council, Health Practice Council, and Casualty Practice Council submitted a joint comment letter to the Colorado Division of Insurance on its recent exposure of a draft regulation…
Date Published: 03/06/2023
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Comment / Letter

Life Practice Council and Casualty Practice Council Submit a Joint Comment Letter to the NAIC’s Big Data and Artificial Intelligence (H) Working Group

Life Practice Council and the Casualty Practice Council submitted a joint comment letter to the National Association of Insurance Commissioner’s Big Data and Artificial Intelligence (H) Working…
Date Published: 02/13/2023
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Comment / Letter

Life Practice Council and Casualty Practice Council Submit a Joint Comment Letter to the NAIC’s Big Data and Artificial Intelligence (H) Working Group

The Life Practice Council and the Casualty Practice Council submitted a joint comment letter to the National Association of Insurance Commissioner’s Big Data and Artificial Intelligence (H) Working…
Date Published: 02/13/2023
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Comment / Letter

P/C Equity & Fairness Committee Comments to DISB

P/C Committee on Equity and Fairness sent a comment letter to the District of Columbia Department of Insurance, Securities and Banking (DISB) on the DISB’s request for comment on its draft data…
Topics: Casualty
Date Published: 01/20/2023
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Comment / Letter

CPC Submits Comments to the ASB on ASOP 41

Comment letter from the Casualty Practice Council, submitted to the Actuarial Standards Board (ASB) on the exposure draft of ASOP 41, Actuarial Communications.
Date Published: 11/01/2022
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