Testified before the House Judiciary Committee's Subcommittee on Courts and Competition Policy to discuss the implications of the Health Insurance Industry Antitrust Enforcement Act of 2009 on medical professional liability insurance. The council also provided written comments on the issue following the bill's inclusion in the House's Affordable Health Care for America Act.
Conducted the Academy's fourth annual seminar on loss reserve opinions, providing expanded content to cover both relatively new and advanced opinion writers.
Provided reports to the National Association of Insurance Commissioners (NAIC) and its committees on many topics, including premium deficiency reserves and underwriting factors such as credit scoring. The council also provided an issue brief to the NAIC Casualty Actuarial and Statistical Task Force on catastrophe modeling and a report on a proposal regarding workers' compensation data reporting.
Participated in panel discussions at the National Conference of Insurance Legislators (NCOIL) spring and summer meetings. The topics included the predictive value and consumer impact of insurers' use of education and occupation data, as well as the creation of an extraordinary life circumstances amendment to an existing insurance scoring model law. The council also provided NCOIL with comments on issues such as a proposed amendment to its insurance scoring model act and a proposed system for public-private natural catastrophe financing.
Published a medical professional liability fact sheet on tort reform.
Provided comments to the Actuarial Standards Board concerning its exposure draft of revised Actuarial Standard of Practice No. 36, Statements of Actuarial Opinion Regarding Property/Casualty Loss and Loss Adjustment Expense Reserves.
Casualty Practice Council resources
See recent Academy publications, analyses, and comments on public policy casualty issues.
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