Regulation and Law

The Casualty Actuarial Society (CAS) is pleased to announce its 2026 Individual Research Grant Recipients and their winning proposals.

We are seeking strong presenters who can speak on the theme of “The Latest Advancements in Passenger & Commercial Vehicles”.

The Actuarial Standards Board (ASB) of the American Academy of Actuaries recently approved an exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice Areas).

The CAS Research Council is issuing a Request for Proposals (RFP) to generate a brief that discusses issues and best practices as relates to emerging regulation/statutes surrounding algorithmic bias.

We are still seeking your help finalizing our exam grading rosters for this sitting, specifically for these exams:

Exam 5: Basic Ratemaking and Estimating Claims Liabilities,
Exam 6U: Regulation and Financial Reporting (US)
Exam 7: Estimating Liabilities, Valuation, and ERM
Exam 9 Financial Risk and Rate of Return.

The Actuarial Standards Board (ASB) of the American Academy of Actuaries approved for exposure a revision of Actuarial Standard of Practice (ASOP) No. 29 now titled, Expense Provisions for Future Cost Estimates for Prospective Property/Casualty Risk Transfer and Risk Retention.

Social inflation—the impact of rising litigation on insurers’ costs—increased claim payouts for commercial auto insurance liability alone by over $20 billion between 2010 and 2019, according to a new paper by Insurance Information Institute (Triple-I), in partnership with the Casualty Actuarial Society (CAS).

A new paper has been published on the Variance website.

The CAS is proud to present our first-ever Annual China Summit, taking place November 11-12, 2021 in Changsha, China.