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

NAIC Report

Committee Releases Report to the NAIC

The P/C Risk Basked Capital Committee released a Report to the NAIC P&C RBC (E) Working Group Update to P&C RBC Underwriting Factors and Investment Income Adjustment Factors. 
Date Published: 08/30/2023
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NAIC Report

COPLFR Releases Practice Note on Statements of Actuarial Opinion on P/C Loss Reserves

The Committee on Property and Liability Financial Reporting (COPLFR) released the practice note, Statements of Actuarial Opinion on P/C Loss Reserves (2020), which includes discussion regarding…
Date Published: 01/19/2021
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Discussion Paper

Discussion Draft of Joint P/C Health Report on Bond Factors

Joint P&C/Health Bond Factors Analysis Work Group discussion draft of a report to the NAIC’s Joint Health RBC and P/C RBC Drafting Group on bond factors.
Date Published: 01/31/2018
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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

P/C and Health Group Comments on Operational Risk Factor

Joint Property and Casualty Risk-Based Capital Committee and Health Solvency Subcommittee letter to the NAIC’s Operational Risk Subgroup on proposed changes to the operational risk factor in…
Date Published: 12/19/2016
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NAIC Report

Report to NAIC on P/C RBC Underwriting Factors

Property and Casualty Risk-Based Capital Committee report to the NAIC’s Property/Casualty Risk-Based Capital (E) Working Group providing a detailed update of property and casualty risk-based capital…
Date Published: 10/28/2016
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Comment / Letter

COPLFR Letter to NAIC on Inconsistencies in Loss Reserve Instructions for International Insurers

Comment letter from the Committee on Property and Liability Financial Reporting (COPLFR) to the NAIC noting inconsistencies in the instructions for certification of loss reserves for international…
Date Published: 07/07/2016
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Comment / Letter

Task Force Comments on NAIC Price Optimization White Paper

Comments to the NAIC executive committee by the Price Optimization Task Force on changes made to the proposed Price Optimization White Paper.
Topics: Casualty NAIC
Date Published: 03/15/2016
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Comment / Letter

COPLFR Comments on Actuarial Opinion Instructions

Committee on Property and Liability Financial Reporting (COPLFR) comments to the NAIC’s Actuarial Opinion (C) Working Group on the Actuarial Opinion Instructions.
Date Published: 02/12/2016
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Comment / Letter

Academy Fellow Comments on Workers’ Compensation Large Deductible Study

or Property/Casualty Fellow Jim MacGinnitie comments to the NAIC/IAIABC Joint (C) Working Group on the 2015 Workers’ Compensation Large Deductible Study draft.
Topics: Casualty NAIC
Date Published: 02/05/2016
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