Casualty Practice Council Who are we What are we Doing Where are we Going

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Casualty Practice CouncilWho are we?What are
we Doing?Where are we Going?
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2005 CPC Configuration
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2005 Key Issues

• Extreme Events/Terrorism Risk Insurance Act
• Loss Reserving/Insolvencies (Prospective
  approaches)
• Medical Malpractice (including current tort
  reform initiatives)
• Enterprise Risk Management and the Role of the
  Actuary
• Natural Disasters

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2005 Ongoing Priorities

• P/C Risk-Based Capital
• International Actuarial Activity
• Advancing the Credibility of the Actuarial
  Profession
• Workers Compensation
• Mass Torts/Asbestos
• NCOIL Interaction

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2005 Monitoring Issues

• Credit Scoring
• Construction Defect
• International Accounting
• Finite Risk/Financial Reinsurance
• Producer Commissions and Pricing

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Last 3 Days

• Texas Medical Malpractice Study
• Federal Agenda Task Force
• CA WC Supplemental Schedule P
• Finite Risk/Reinsurance
• TRIA
• Spring Meeting in DC

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Technology Changes on the way

• --Online dues payment
• --One stop shopping membership ID changes
• --Possible Online tracking of CE