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Casualty
Printer-friendly versionThe Casualty Practice Council (CPC) provides objective technical expertise to policymakers and regulators on major property/casualty issues, including medical professional liability and flood insurance. The CPC also reviews applications of members who are not members of the CAS who wish to sign NAIC P/C Annual Statement Loss Reserve Opinions; more information is available here.
Floods, earthquakes, other natural catastrophes; terrorist events; and mass torts.
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Financial reporting and loss reserving issues in property/casualty actuarial practice.
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Medical professional liability insurance issues.
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Risk-based capital issues in property and casualty actuarial practice, including its treatment by the National Association of Insurance Commissioners.
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Use of risk-based insurance scoring in auto and other insurance lines.
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Soundness and solvency issues facing property and casualty insurance companies.
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Workers’ compensation issues as they relate to property and casualty actuarial practice.
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Casualty News
(February 15, 2019)
(November 8, 2018)
Casualty Public Statements
Comments, analyses, or explanatory material prepared for an external audience on behalf of an Academy group or the Academy as a whole; these include letters, memos, reports, and fact sheets.
Analyses of major actuarial or public policy issues written primarily for policy-makers, regulators, the news media, and the public.
Include white papers and monographs which are longer, more detailed analyses of major actuarial or public policy issues written primarily for policy-makers, regulators, the news media, and the public. Includes monographs and white papers.
Slides presented by the Academy at webinars, seminars, briefings, hearings, or other meetings and events.
The Academy works with the National Association of Insurance Commissioners (NAIC) on the creation and refinement of sensible, effective regulation. These reports and related documents highlight the NAIC-related work of the casualty practice councils.
Written and oral testimony provided to Congress or to other governmental and quasigovernmental bodies.
Practice Notes
Practice notes offer examples of current and emerging approaches to selected actuarial tasks. They are intended to supplement the available actuarial literature, especially where the practices addressed are subject to evolving technology, recently adopted external requirements, or advances in actuarial science and other applicable disciplines.
