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.


Cyber Risk Toolkit
A series of papers addressing issues pertinent to cyber risk insurance and cyber exposure.
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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 News
ERM Committee News
ASB Approves Exposure Draft Of Proposed Capital Adequacy Assessment ASOP
The ASB recently approved an exposure draft of a proposed new ASOP titled Capital Adequacy Assessment for Insurers. The proposed ASOP will apply to actuaries involved in capital adequacy assessment…
Topics: ASB News
Date Published: 09/26/2016
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Casualty Resources
Comment / Letter
Comment Letter to NAIC on AI Systems Evaluation Tool
Providing an actuarial perspective on responsible use of AI in insurance, vice presidents from the Academy’s casualty, health, life, and risk management and financial reporting councils sent a…
Comment / Letter
Homeowners’ Insurance Task Force Comments to NAIC
Homeowners’ Insurance Task Force Chairperson Ken Doss sent a comment letter to the NAIC in response to the Property and Casualty Insurance (C) Committee’s recently released Availability and…
Topics: Casualty
Comment / Letter
CPC Comments on ASOP No. 20
The Casualty Practice Council (CPC) submitted comments on the exposure draft of Actuarial Standard of Practice (ASOP) No. 20, Analysis of Property/Casualty Cash Flows, Including Discounting.
Topics: Casualty
Comment / Letter
Practice Councils Comment to NAIC on RBC Principles
The Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Practice Council submitted a joint comment letter to NAIC’s Risk-Based…
Topics: Risk-Based Capital
Comment / Letter
Academy Comments to NAIC on Proposed AI in Insurance Model Law
Academy casualty, health, life, and risk management and financial reporting vice presidents sent a comment letter to the NAIC in response a request for information by NAIC’s Big Data and Artificial…
Comment / Letter
Councils Comment to NOAA on Climate Database
The Casualty Practice Council, Risk Management and Financial Reporting Council, and Research Committee sent a comment letter to the National Oceanic and Atmospheric Administration (NOAA), strongly…
Comment / Letter
CPC Comments on ASOP No. 39
The Casualty Practice Council (CPC) submitted comments on the exposure draft of Actuarial Standard of Practice (ASOP) No. 39, Treatment of Catastrophe or Extreme Event Losses in Future Cost…
Topics: Casualty
Comment / Letter
P/C Equity & Fairness Committee Comments to Colorado DOI
The P&C Committee on Equity and Fairness submitted comments to the Colorado Division of Insurance (DOI) on the exposed template of the DOI’s upcoming data call on private passenger auto…
Comment / Letter
Practice Councils Comment to ASB on ASOP No. 41
The Casualty Practice Council, Health Practice Council, and Retirement Practice Council sent comments to the Actuarial Standards Board (ASB) on the second exposure draft of Actuarial Standard of…Date Published: 03/14/2025
Comment / Letter