Annual Report of CAS Discipline Committee to the Board
By Janet Fagan, Chairperson of the 2008 Discipline Committee
There are no other cases or actions to report.
- Background. The CAS Rules of Procedure for Disciplinary Actions (as amended November 14, 1998, by the Board of Directors) requires an annual report by the Discipline Committee to the Board of Directors and to the membership. This report shall include a description of its activities, including commentary on the types of cases pending, resolved, and dismissed. The annual report is subject to the confidentiality requirements.
- 2007/08 Activity. A case involving a candidate for admission to the CAS was referred to the Discipline Committee by the CAS Board of Directors on July 2, 2007. The Investigative Panel of the Discipline Committee completed its review and issued its recommendations on September 26, 2007. The Review Panel of the Discipline Committee met on December 10, 2007, to review the recommendations of the case and decide on a course of action. The candidate was notified of the Discipline Committee’s decision and was advised of the right to appeal. The appeal period expired in January 2008 with no appeal being filed.
- 2008 Activity. A case involving a member of the CAS was referred to the Discipline Committee by the Actuarial Board for Counseling and Discipline (ABCD) on June 20, 2008. The Discipline Committee Panel of the Discipline Committee met on September 3, 2008. The member was notified of the Discipline Committee’s decision and was advised of the right to appeal. The appeals period expired on November 15 without an appeal being made by the subject actuary. The Discipline Panel acting in accordance with the CAS bylaws and under recommendation from the Actuarial Board for Counseling and Discipline has expelled the subject actuary from membership in the Casualty Actuarial Society for violation of the Code of Professional Conduct, PRECEPT 1, ANNOTATION 1-4, notification of which is posted in this edition of the Actuarial Review.