Casualty News

The Academy submitted comments to the NAIC on its draft white paper on the Solvency Modernization Initiative and insurance regulation offering suggestions encompassing RBC, ORSA, and NAIC model laws. (April 30, 2012)
The Natural Catastrophe Subcommittee provided comments to the National Conference of Insurance Legislators on natural catastrophe insurance reform options, focusing on damage prevention and risk financing. (April 13, 2012)
The Academy's Medical Professional Liability Insurance Committee published a fact sheet on the Death, Disability, and Retirement (DDR) Extended Reporting Endorsement. This is the third in a series of fact sheets published by the Committee designed for actuaries as well as the general public. (March 23, 2012)
The Medical Professional Liability Committee sent a letter to the leadership of the U.S. House of Representatives concerning H.R. 5, which would reform the medical professional liability system and repeal the Independent Payment Advisory Board. (March 23, 2012)
Click here to order your copy. The law manual is designed to help appointed actuaries comply with the NAIC annual statement requirements for statements of actuarial opinion. (December 2, 2011)
The Casualty Practice Council submitted comments to the NAIC’s Casualty Actuarial & Statistical Task Force on its proposed 2012 Actuarial Opinion Instructions. (October 10, 2011)
The Committee on Property and Liability Financial Reporting sent comments to the AICPA regarding its working draft of Audit and Accounting Guide Property and Liability Insurance Entities. (August 31, 2011)