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
Senior Casualty Fellow Comments on Review of Predictive Models
Senior Casualty Fellow Rich Gibson submitted comments on the latest draft of the National Association of Insurance Commissioners’ proposed white paper on Regulatory Review of Predictive Models.
Topics: Casualty
Comment / Letter
Casualty Practice Council Comments on Pandemic Risk Proposal
The Casualty Practice Council commented on H.R. 7011, a proposal to facilitate expansion of Business Interruption coverage to include future pandemic events.
Topics: Casualty
Comment / Letter
Academy Comments to GAO on Cyber-Attacks and TRIA
The Academy’s Cyber Risk Task Force commented to the Government Accountability Office on the question of how cyber-attacks may be addressed under the Terrorism Risk Insurance Act.
Comment / Letter
Letter Regarding Blanks Working Group Proposal on Certification of Continuing Education by “Appointed Actuaries”
ican Academy of Actuaries submitted a letter to members of the Blanks Working Group regarding their proposal on the certification of continuing education (“CE”) compliance by “Appointed…
Comment / Letter
COPLFR Comments on Continuing Education Form
The Committee on Property and Casualty Liability Financial Reporting filed comments on the CAS/SOA proposed new form for P/C Appointed Actuaries to report their continuing education activities
Comment / Letter
Committee Responds to Questions About Reporting Retroactive Reinsurance
The Committee on Property and Liability Financial Reporting sent a comment letter to the NAIC’s Statutory Accounting Principles Working Group, continuing a dialogue about financial reporting of…
Comment / Letter
Council Comments on Proposed P/C Rate-Filing ASOP
The Casualty Practice Council’s comments to the Actuarial Standards Board regarding a proposed new ASOP on rate-filings by property/casualty insurers.
Comment / Letter
Committee Answers Questions About Wildfires
The Extreme Events and Property Lines Committee responded to the NAIC’s Catastrophic Risk Subgroup’s request for additional information about wildfires.
Comment / Letter
Comments on Draft of Regulatory Review of Predictive Models
Senior casualty fellow Rich Gibson’s comments to the NAIC’s Casualty Actuarial and Statistical Task Force on the latest draft of a proposed white paper on Regulatory Review of Predictive Models
Comment / Letter
Casualty Council Comments to U.S. House on Terrorism Risk Insurance
The Casualty Practice Council’s comment letter to the U.S. House Committee on Financial Services regarding reauthorization of the Terrorism Risk Insurance Act. A similar letter was sent to the U.S….
Topics: Casualty