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
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.
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…
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.
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…
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…
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…
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…
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.
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.
Comment / Letter