Breadcrumbs

Casualty

From the Newsroom

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

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

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

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

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

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

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

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

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

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

Related Resources

Report

CPC, COPLFR Report to CASTF

Senior Casualty Fellow Rich Gibson presented to the NAIC’s Casualty Actuarial and Statistical (C) Task Force (CASTF) on behalf of the Casualty Practice Council (CPC) and Committee on Property and…

Topics: Casualty Financial Reporting NAIC

Date Published: 08/12/2023

Download

Presentation

P/C RBC Committee Presents to NAIC

Ronald Wilkins, vice chairperson of the Property and Casualty Risk-Based Capital (P/C RBC) Committee, presented an update to NAIC’s Property and Casualty Risk-Based Capital (E) Working Group on the…

Topics: Casualty NAIC Risk-Based Capital

Date Published: 07/27/2023

Policy & Research

Download

Toolkit

Cyber Risk Toolkit: Digital Assets and Their Current Roles Within Cybercrime

The Committee on Cyber Risk released a new chapter in the Cyber Risk Toolkit, “Digital Assets and Their Current Roles Within Cybercrime.” The paper seeks to provide a baseline understanding of…

Topics: Casualty Cyber Risk

Date Published: 07/14/2023

Policy & Research

Download

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

Policy & Research

Download

Comment / Letter

COPLFR Comments to IRS on Micro-Captives

The Committee on Property Liability and Financial Reporting (COPLFR) submitted a comment letter to the Internal Revenue Service (IRS) on an exposure on Micro-Captive Listed Transactions and…

Topics: Casualty Financial Reporting NAIC

Date Published: 06/12/2023

Policy & Research

Download

Comment / Letter

CPC Comments to ASB on ASOP No. 29

The Casualty Practice Council submitted a comment letter to the Actuarial Standards Board (ASB) on the second exposure draft of ASOP No. 29, Expense Provisions in Property/Casualty Insurance…

Topics: Actuarial Standards ASB Casualty

Date Published: 05/01/2023

Policy & Research

Download

Comment / Letter

Comment Letter to NAIC Blanks (E) Working Group

The Committee on Property Liability and Financial Reporting (COPLFR) and the Health Practice Council’s Committee on Financial Reporting and Solvency submitted a comment letter to the National…

Topics: Casualty Financial Reporting NAIC Risk Management Solvency

Date Published: 04/26/2023

Policy & Research

Download

Comment / Letter

Letter to NAIC Casualty Actuarial and Statistical (C) Task Force

The Committee on Property Liability and Financial Reporting (COPLFR) submitted a comment letter to the National Association of Insurance Commissioners (NAIC) Casualty Actuarial and Statistical (C)…

Topics: Casualty Financial Reporting NAIC

Date Published: 04/26/2023

Policy & Research

Download

Issue Brief

Issue Brief on Medical Marijuana in Workers’ Compensation

The Workers’ Compensation Committee released an issue brief providing an overview of medical marijuana laws and court cases—and the impact they have on the workers’ compensation system—to help…

Topics: Casualty Workers’ Compensation

Date Published: 04/17/2023

Policy & Research

Download

Issue Brief