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

Comments on Comparing Workers’ Comp Rates Between States

ers’ Compensation Committee discussion of comparisons between states of workers’ comp rates.
Date Published: 03/16/2018
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Comment / Letter

Comments to NAIC on CASTF Public Attestation Exposure Draft

Letter from Academy Past President Mary D. Miller to the NAIC on the Casualty Actuarial and Statistical Task Force’s (CASTF) exposure draft on the appointed actuary’s public attestation and…
Topics: Casualty NAIC
Date Published: 03/07/2018
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Comment / Letter

Comments on the Three-Year Experience Period

Letter from Academy Past President Mary D. Miller to the NAIC on the Casualty Actuarial and Statistical Task Force’s (CASTF) request for comments on the three-year experience period—seeking…
Topics: Casualty NAIC
Date Published: 03/07/2018
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Comment / Letter

Council Letter to U.S. House of Representatives on Flood Insurance Legislation

Casualty Practice Council letter to the U. S. House of Representatives on pending flood insurance legislation.
Topics: Casualty
Date Published: 11/08/2017
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Comment / Letter

Flood Insurance Comment Letter to U.S. House of Representatives

Casualty Practice Council comment letter to members of the U.S. House of Representatives urging reauthorization and revision of the National Flood Insurance Program.
Topics: Casualty
Date Published: 08/30/2017
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Comment / Letter

Flood Insurance Comment Letter to Senate Banking Committee

Casualty Practice Council comment letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs urging reauthorization and revision of the National Flood Insurance Program.
Topics: Casualty
Date Published: 08/23/2017
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Comment / Letter

Comments on Investment RBC Bond Factors

Comment letter submitted jointly by the P/C RBC Committee and the Health Solvency Subcommittee regarding changes to corporate bond factors being considered by the NAIC’s Investment Risk-Based…
Date Published: 07/25/2017
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Comment / Letter

Comment Letter on Proposed ASOP on Future Costs for P/C Risk Transfer and Funding

Casualty Practice Council comments on the ASB’s third exposure of the proposed Actuarial Standards of Practice (ASOP), Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk…
Date Published: 04/27/2017
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Comment / Letter

Comments on California Guidance for Workers’ Comp Self-Insureds

Workers’ Compensation Committee comment letter to California’s Offfice of Self-Insured Plans regarding guidance on actuarial reports on self-insured workers’ compensation plans.
Date Published: 03/30/2017
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Comment / Letter

Comments on Association Health Plans in U.S. House Bill

Individual and Small Group Markets Committee comments to the U.S. House Committee on Education and the Workforce on  H.R. 1101, the Small Business Health Fairness Act, related to association health…
Date Published: 03/08/2017
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