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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 Diversity, Equity and Inclusion Financial Reporting Health Equity Professionalism Reinsurance Retirement

Date Published: 11/13/2024

Academy in the News

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

PropertyCasualty360

Topics: Casualty

Date Published: 08/09/2023

Academy in the News

States that require payment, reimbursement for medical marijuana

Property Casualty 360

Topics: Casualty

Date Published: 05/15/2023

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

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

Academy in the News

Rethinking how we look at wildfire risk

Property Casualty 360

Topics: Casualty

Date Published: 02/15/2022

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

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

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

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

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

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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

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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

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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

Policy & Research

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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

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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

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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

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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

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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

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Issue Brief