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The Academy

Academy Officers and Directors Begin Terms in Office  

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Darrell Knapp, MAAA, FSA, of New Smyrna Beach, Fla., taking office as 2024-25 Academy president, five other…
Topics: Actuarial Standards ASB Casualty Equity, Diversity, and Inclusion Financial Reporting Health Equity Professionalism Reinsurance Retirement
Date Published: 11/13/2024
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Academy in the News

Around the P&C insurance industry: August 9, 2023

PropertyCasualty360
Topics: Casualty
Date Published: 08/09/2023
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Academy in the News

States that require payment, reimbursement for medical marijuana

Property Casualty 360
Topics: Casualty
Date Published: 05/15/2023
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Article

New Academy Officers and Member-Selected Directors Began Terms at This Week’s Academy Annual Meeting

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Ken Kent of McLean, Va., taking office as 2022–23 Academy president, five officers and three…
Topics: Actuarial Standards ASB Benefits Casualty Financial Reporting Financial Security Health Equity Medicare / Medicaid Professionalism Public Policy
Date Published: 11/04/2022
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Article

New Academy Issue Brief Provides Actuarial and Regulatory Considerations on Use of Data, Predictive Modeling, and Risk Classification in Insurance Practices

WASHINGTON—A new issue brief from the American Academy of Actuaries Data Science and Analytics Committee (DSAC) and Property/Casualty Racial Equity Task Force provides a clear and thorough…
Topics: Casualty Data Science / Big Data Financial Security Professionalism Public Policy
Date Published: 07/06/2022
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Academy in the News

Rethinking how we look at wildfire risk

Property Casualty 360
Topics: Casualty
Date Published: 02/15/2022
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Article

Revised Qualification Standards to Take Effect Jan. 1 for Actuaries Issuing U.S. Statements of Actuarial Opinion

WASHINGTON—The American Academy of Actuaries, which sets standards for qualification, practice, and conduct for actuaries practicing in the United States, has revised the standards defining…
Topics: Casualty Continuing Education Financial Security NAIC Professionalism Public Policy
Date Published: 11/30/2021
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Academy in the News

People on the move in the P&C insurance industry: October 1, 2021

PropertyCasualty360
Topics: Casualty
Date Published: 10/01/2021
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Article

Actuaries Climate Index down again in latest five-year average

Winter 2020-21 data update lowers index benchmark for the second consecutive quarter Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (Sept. 14, 2021)––The winter…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 09/14/2021
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Article

Actuaries Climate Index Down Slightly in Latest Five-Year Average

Fall 2020 data update lowers index benchmark for the first time since 2017 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (June 8, 2021) –– The five-year moving…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 06/08/2021
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Related Resources

Comment / Letter

Comment Letter to the Treasury Department and FIO on the Terrorism Risk Insurance Program

Cyber Risk Task Force comments to the U.S. Department of the Treasury and Federal Insurance Office (FIO) request for comment (RFC) on the effectiveness of the cyber considerations of the Terrorism…
Topics: Casualty Cyber Risk
Date Published: 05/16/2022
Policy & Research
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Comment / Letter

Academy Submits Letter to Colorado Division of Insurance

Academy President Maryellen Coggins submitted a letter to the Colorado Division of Insurance in advance of the upcoming stakeholder engagement process for the recently passed state law aimed to…
Topics: Casualty Life Insurance
Date Published: 02/04/2022
Policy & Research
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Presentation

DSAC Presents to NAIC CASTF Book Club on Big Data and Algorithms Issue Paper

The Academy’s Data Science and Analytics Committee (DSAC) presented to the National Association of Insurance Commissioners’ (NAIC) Casualty Actuarial and Statistical (C) Task Force (CASTF) Book…
Topics: Casualty Data Science / Big Data Financial Reporting NAIC Risk Management
Date Published: 01/26/2022
Policy & Research
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Practice Note

Statements of Actuarial Opinion on P/C Loss Reserves (2021)

The Committee on Property and Liability Financial Reporting’s practice note on Statements of Actuarial Opinion on P/C Loss Reserves (2021), including discussion regarding changes in the NAIC Annual…
Topics: Casualty Financial Reporting NAIC
Date Published: 12/17/2021
Policy & Research
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Comment / Letter

Auto Insurance Committee Comments to NAIC Property and Casualty Insurance Committee

Senior Casualty Fellow Rich Gibson presented to the NAIC’s Property and Casualty Insurance (C) Committee on behalf of the Academy’s Automobile Insurance Committee to provide general and…
Topics: Casualty NAIC
Date Published: 12/15/2021
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Issue Brief

Workers’ Compensation: The Potential Impact on COVID-19 on the Opioid Epidemic

Workers’ Compensation Committee issue brief on potential impacts to injured workers, employers and insurers involved in the opioid epidemic, and explores the effects on these stakeholders before,…
Topics: Casualty Workers’ Compensation
Date Published: 12/15/2021
Policy & Research
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Issue Brief Released on Workers’ Comp, Opioids, and COVID-19

The Workers’ Compensation Committee released an issue brief on potential impacts to injured workers, employers and insurers involved in the opioid epidemic, and explores the effects on these…
Topics: Casualty Workers’ Compensation
Date Published: 12/15/2021
Policy & Research
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Comment / Letter

CPC and COPLFR Comments to CASTF

Casualty Practice Council Vice Chairperson, Dee Dee Mays, and Committee on Property and Liability Financial Reporting (COPLFR) Chairperson, Derek Freihaut, presented to the NAIC’s Casualty…
Topics: Casualty Financial Reporting NAIC
Date Published: 12/07/2021
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Presentation

CPC, COPLFR Comment to CASTF

Casualty Practice Council (CPC) Vice Chairperson Dee Dee Mays and Committee on Property and Liability Financial Reporting (COPLFR) Chairperson Derek Freihaut presented to the NAIC’s Casualty…
Topics: Casualty Financial Reporting NAIC
Date Published: 12/07/2021
Policy & Research
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Presentation

RETF Comments to NAIC Special Committee on Race and Insurance

Casualty Vice President Lauren Cavanaugh  presented to the NAIC’s Special Committee on Race and Insurance (SCORI) Workstream 3 (Property and Casualty) on behalf of the Academy’s Racial Equity…
Topics: Casualty NAIC
Date Published: 12/01/2021
Policy & Research
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