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Article

Academy Looks Forward to President Biden Addressing Joint Session of Congress on Key Issues Needing Actuarial Expertise

COVID-19 Impacts, Climate Risk, Equity Issues Share Focus with Economic Recovery, Financial and Retirement Security Beyond First 100 Days WASHINGTON—The American Academy of Actuaries provides…
Topics: Casualty Climate Risk Financial Reporting Financial Security Health Equity Life Insurance Long-Term Care Medicare / Medicaid Professionalism Public Policy Retirement Social Security Solvency
Date Published: 04/26/2021
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Article

Actuaries Climate Index Breaks New Ground for Latest Season and Five-Year Average

Summer 2020 data update pushes index’s five-year average to 1.23 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (March 4, 2021)––The five-year moving average of…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 03/04/2021
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Article

Spring 2020 Data Update to the Actuaries Climate Index

As attention to climate issues grows, ACI provides objective data on key climate measurements Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (Dec. 1, 2020)—With climate risk…
Topics: Casualty Climate Risk Financial Security Professional Organization Professionalism Public Policy
Date Published: 12/01/2020
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Academy in the News

People on the move in the P&C insurance industry: November 13, 2020

PropertyCasualty360
Topics: Casualty
Date Published: 11/13/2020
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Article

Academy Officers and Regular Directors Begin Terms

WASHINGTON—The American Academy of Actuaries is pleased to announce five officers and four regular directors serving on its Board of Directors who began their terms today at the close of the…
Topics: Actuarial Standards ASB Casualty Financial Reporting Financial Security Principle-Based Reserving Professionalism Public Policy Risk Management
Date Published: 11/05/2020
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Article

Data Update to the Actuaries Climate Index

Long-term measure of extreme climate conditions reached a new high in winter 2019–20 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (August 26, 2020) –– A…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 08/26/2020
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Article

Whether to Amend and Extend: National Flood Insurance Program Reauthorization as an Opportunity for Reform

WASHINGTON—August typically marks not only the start of the peak of hurricane season but is also the time during which Congress recesses for its monthlong district/state work period. When…
Topics: Casualty Climate Risk Financial Security Professionalism Public Policy
Date Published: 08/04/2020
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Article

Data Update to the Actuaries Climate Index

Index’s data updated through fall 2019 including 2019 drought and sea level values Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (May 27, 2020)—The Actuaries Climate…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 05/27/2020
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Article

Actuaries: Coverage of Pandemic Risk Through Property/Casualty Insurance Could Be Designed Like Existing Federal Programs

WASHINGTON—Existing federal insurance programs for costly, hard-to-estimate property/casualty risks are more appropriate models for a federal insurance program to facilitate coverage of…
Topics: Casualty Financial Security Professionalism Public Policy Reinsurance
Date Published: 05/12/2020
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Article

Actuaries Climate Index Reaches New High for Sixth Consecutive Quarter

Index’s five-year average continues an upward trend Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (February 27, 2020)—The five-year moving average of the Actuaries…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 02/27/2020
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Related Resources

Toolkit

Cyber Risk Toolkit: Personal Cyber–An Intro to Risk Reduction and Mitigation Strategies

The Committee on Cyber Risk released a new chapter in the Cyber Risk Toolkit, “Personal Cyber: An Intro to Risk Reduction and Mitigation Strategies.” The chapter identifies some of the penetration…
Topics: Casualty Cyber Risk
Date Published: 10/30/2023
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Comment / Letter

Practice Councils Engage With Colorado on Antidiscrimination Law

The Life Practice Council and Casualty Practice Council submitted comments to the Colorado Division of Insurance on its draft regulation, Concerning Quantitative Testing of External Consumer Data…
Topics: Casualty Life Insurance
Date Published: 10/26/2023
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Practice Councils Engage With Colorado on Antidiscrimination

The Life Practice Council and Casualty Practice Council submitted comments to the Colorado Division of Insurance on its draft regulation, Concerning Quantitative Testing of External Consumer Data and…
Topics: Casualty Life Insurance
Date Published: 10/26/2023
Policy & Research
Download
Comment / Letter

Practice Councils Engage With Colorado on Antidiscrimination Law

The Life Practice Council and Casualty Practice Council submitted comments to the Colorado Division of Insurance on its draft regulation, Concerning Quantitative Testing of External Consumer Data and…
Topics: Casualty Life Insurance
Date Published: 10/26/2023
Policy & Research
Download
Presentation

Presentation on Cyber Risk at CREAR Cyber Conference

Director of Research Steve Jackson presented on cyber risk at an International Workshop on Cyber Risk and Security during the Center of Research in Econo-finance and Actuarial sciences on Risk…
Topics: Actuarial Science Casualty Cyber Risk Financial Reporting Risk Management
Date Published: 09/12/2023
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Presentation

Presentation on Cyber Risk at CREAR Cyber Conference

Director of Research Steve Jackson presented on cyber risk at an International Workshop on Cyber Risk and Security during the Center of Research in Econo-finance and Actuarial sciences on Risk…
Topics: Actuarial Science Casualty Cyber Risk Financial Reporting Risk Management
Date Published: 09/12/2023
Policy & Research
Download
Comment / Letter

Risk Management and Financial Reporting Committee Submits Comments to the National Association of Insurance Commissioners on AI

The Risk Management and Financial Reporting Committee submitted comments on Sept. 1 to the NAIC on their Draft Model Bulletin Use of Algorithms, Predictive Models, and Artificial Intelligence Systems…
Topics: Artificial Intelligence Casualty Financial Reporting Governance NAIC Risk Management
Date Published: 09/07/2023
Policy & Research
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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. 
Topics: Casualty NAIC Risk-Based Capital
Date Published: 08/30/2023
Policy & Research
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Presentation

P/C Equity Committee Presents at Colorado Stakeholder Meeting

P/C Committee on Equity and Fairness Chairperson Lauren Cavanaugh and Vice Chairperson Susan Kent presented at the Colorado Division of Insurance’s stakeholder meeting on Unfair Discrimination in…
Topics: Casualty Equity, Diversity, and Inclusion
Date Published: 08/24/2023
Policy & Research
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Presentation

P/C Committee on Equity and Fairness Presents to NAIC

Mike Woods, member of the Property and Casualty Committee on Equity and Fairness, presented to the NAIC’s Casualty Actuarial and Statistical (C) Task Force (CASTF) on the findings of the…
Topics: Casualty NAIC
Date Published: 08/12/2023
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