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
COPLFR Comment Letter on Proposed Changes to SSAP 65
Committee on Property and Liability Financial Reporting (COPLFR) comment letter to the NAIC’s Casualty Actuarial & Statistical Task Force on the Statutory Accounting Principles Working Group’s…
Comment / Letter
P/C RBC Committee Report on International Methodologies of Risk Correlation
P/C Risk-Based Capital Committee report to the NAIC’s Solvency Modernization Initiative RBC Subgroup on risk correlation methodologies used to determine regulatory solvency capital requirements in…
Comment / Letter
Casualty Practice Council Comments on Proposed Changes to the RBC Formula to Incorporate Catastrophe Risk
Casualty Practice Council Comments to the NAIC’s Catastrophe Risk Subgroup on its proposed changes to the Risk-Based Capital formula spreadsheets to incorporate property catastrophe risk.
NAIC Report
Presentation on Flood Insurance Reform
Flood Insurance Subcommittee presentation to the NAIC’s Center for Insurance Policy and Research Summit on flood insurance reform.
Comment / Letter
Letter to SMI RBC Subgroup on CAS Working Party Activity
P/C Risk-Based Capital Committee letter to Solvency Modernization Initiative RBC Subgroup concerning CAS Working Party research on potential improvements to the NAIC’s P/C RBC framework.
Comment / Letter
COPLFR Comments on Proposed NAIC 2012 Actuarial Opinion Instructions
Comments by Committee on Property and Liability Financial (COPLFR) to the NAIC’s Blanks Working Group on its proposed 2012 Actuarial Opinion Instructions.
Comment / Letter
Comments to NAIC CASTF on Proposed 2012 Actuarial Opinion Instructions
Casualty Practice Council comments to the NAIC’s Casualty Actuarial & Statistical Task Force on its proposed 2012 Actuarial Opinion Instructions.
Comment / Letter
P/C RBC Committee Letter on SMI Project
Property/Casualty RBC Committee update in response to the NAIC’s request for assistance with the Solvency Modernization project on the NAIC’s Risk-Based Capital formulas. This update discusses the…
Comment / Letter
Proposed Revisions to NAIC Instructions for Statements of Actuarial Opinion
Casualty Practice Council’s proposed revisions to the NAIC’s Instructions for Statements of Actuarial Opinion to the NAIC’s Casualty Actuarial & Statistical Task Force; comments prompted by changes…
Comment / Letter