News

A new report from the Canadian Institute of Actuaries (CIA) and the Casualty Actuarial Society (CAS) analyzes the impact of marijuana decriminalization on the vehicular accident experience in Canada and the United States. The study did not detect any statistically significant impacts of decriminalization on the car accident fatality rate, insurance claim frequency or average cost per claim, particularly over the long term.

In accordance with the Admissions Transformation Plan (ATP), the CAS anticipates publishing new Content Outlines (formerly Syllabi) later this month for the October/November 2023 Exams MAS-I, MAS-II, and 5. The following information will provide our stakeholders, primarily candidates and academics, with details on the similarities and differences between our former Syllabi and new Content Outlines.  

IAA's CRTF released their fifth paper, Climate-Related Disclosures and Risk Management: Standards and Leading Practices.

The Board of the Casualty Actuarial Society (CAS) is currently seeking proposals for review and recommendations to enhance the membership association’s governance system. Preference is for a consultant with experience and expertise in working with professional membership associations and Board of Directors’ governance.

This article appears in the November/December 2022 issue of the Actuarial Review.

As we head into the busy end-of-year season, the CAS recognizes that it may be difficult to stay informed about forthcoming updates being implemented through our Admissions Transformation Plan (ATP), so we are providing a preview at this time.