News

The Spring Meeting Working Group (SMWG) issues the Call for Presentations for the 2023 Spring Meeting. Speakers are expected to travel in-person to the meeting to present.

The Casualty Actuarial Society yesterday announced the winners of the first-ever CAS Hacktuary Challenge, a contest designed to showcase the actuarial skill set in developing novel risk engineering solutions. Entrants were challenged to create an end-user application that would be actuarially grounded but address a risk management problem of relevance to a typical consumer. The challenge also required that all code for the application be made publicly available on the CAS’s GitHub site.

The Casualty Actuarial Society and Society of Actuaries are excited to bring back the in-person Be An Actuary Day with DePaul University! Share your love of the profession by inspiring the next generation of actuaries. Volunteers are needed to share their stories about why they became an actuary and help high school students learn about the profession during this free, fun, and interactive half-day event!

As we approach one year since my Presidential Address given at the 2021 CAS Annual Meeting, I am renewing my call for members to pledge to be the “Actuary of the Future.” What do I mean by that?

A new Casualty Actuarial Society (CAS) Research Paper provides the first detailed road map for understanding and quantifying the impact of wildfire mitigation on homeowners insurance premiums. Catastrophe Models for Wildfire Mitigation: Quantifying Credits and Benefits to Homeowners and Communities explores the need for catastrophe models to perform the quantification of mitigation efforts, outlines actuarial considerations and approaches for developing wildfire mitigation premium credits, and describes challenges in obtaining data and implementing mitigation premium credits.

The Casualty Actuarial Society (CAS) is pleased to announce the winners for the 2022 Volunteer Awards.  

The New Members Award is given annually to one or more members of the CAS who have made significant volunteer contributions within five years of their most recent credential.  

The CAS is pleased to announce that as part of the announced Admissions Transformation Plan, computer-based practice exams for the MAS exams will be available exclusively for candidates that are registered for the fall 2022 sitting of MAS-I and/or MAS-II.

Ryan Patterson has been expelled as a member of the Casualty Actuarial Society (“CAS”), effective June 30, 2022. The Discipline Committee Panel of the CAS, acting in accordance with the CAS Bylaws and Rules of Procedure for Disciplinary Actions and with consideration of the findings from the Actuarial Board for Counseling and Discipline, voted unanimously to expel Mr. Patterson for materially violating Precept 1 of the Code of Professional Conduct.

While enterprise risk management (ERM) in North America was once limited to only five risk categories, it has since evolved into a complex ecosystem of risk.