Practice Note

COPLFR FAQs Document Addresses Wildfires Issues

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Publish Date:

02/7/2025

Category:

Policy & Research

Topics:

Casualty, Financial Reporting

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 Note-LA Wildfires offers a list of FAQs and associated responses for Appointed Actuaries’ consideration when providing statements of actuarial opinion for companies materially impacted by such events, whether directly or indirectly.