Extreme Events

Floods, earthquakes, other natural catastrophes; terrorist events; and mass torts.

Extreme Events

Extreme Events Resources

Presentation

Academy Presents on Climate at IAA Brazil Colloquium

Director of Research (Public Policy) Steve Jackson presented at JoCo 2025, the International Actuarial Association’s (IAA) Joint Colloquium in São Paulo, Brazil. Jackson presented “Are They…
Topics: Climate Risk
Date Published: 05/21/2025
Practice Note

COPLFR FAQs Document Addresses Wildfires Issues

A new document from the Committee on Property and Liability Financial Reporting (COPLFR) addresses issues raised by the recent Los Angeles wildfires. The Supplement to the 2024 COPLFR Practice…
Date Published: 02/07/2025
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Comment / Letter

Committee Comments to California on Catastrophe Modeling

The P/C Extreme Events and Property Lines Committee submitted a comment letter to the California Department of Insurance in advance of the department’s public workshop on its draft regulation that…
Date Published: 04/23/2024
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Comment / Letter

Committee Comments to California Department of Insurance

The P/C Extreme Events and Property Lines Committee submitted a comment letter to the California Department of Insurance for the Department’s upcoming public workshop on Catastrophe Modeling and…
Topics: Casualty
Date Published: 07/12/2023
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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
Date Published: 06/26/2020
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Presentation

Academy Fellow Discusses Actuaries Climate Index

Academy senior casualty fellow Rich Gibson presented an update on the Actuaries Climate Index and the Actuaries Climate Risk Index at the Casualty Actuarial Society’s spring national meeting.
Date Published: 05/12/2020
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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.
Topics: Casualty NAIC
Date Published: 01/07/2020
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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
Date Published: 10/22/2019
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Comment / Letter

Casualty Council Comments to U.S.Senate on Terrorism Risk Insurance

The Casualty Practice Council’s comment letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs regarding reauthorization of the Terrorism Risk Insurance Act. A similar letter was…
Topics: Casualty
Date Published: 10/22/2019
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Policy Paper

Committee Issues Paper on Wildfire Lessons Learned

The Academy’s Extreme Events and Property Lines Committee has published a new document, Wildfire: An Issue Paper — Lessons Learned from the 2017-2018 California Events. Read the news release.
Topics: Casualty
Date Published: 06/21/2019
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