Casualty Practice Council

Who are we?What are we Doing?

Where are we Going?

2005 CPC Configuration

Mary Miller- Chair Kay Cleary – Ch. RBC

Jan Lommele- V-Chair Chap Cook – CCA/Prof

Andrea Sweeny- V-Chair Jeff Dollinger - CARe

Anne Kelly – Chair PPM Chris Carlson - ASB

Chuck Emma – Ch.Solvency Steve D’Arcy – CAS Pres

Scott Weinstein – Ch. CLRS Paul Braithwaite – CAS P-E

Dennis Fasking – Ch. Ext Ev Don Mango CAS Res VP

Nancy Watkins–Ch.CoPLFR Rade Musulin, Elise Liebers, Bob Miccolis – At-Large

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

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

2005 Monitoring Issues

• Credit Scoring

• Construction Defect

• International Accounting

• Finite Risk/Financial Reinsurance

• Producer Commissions and Pricing

Last 3 Days• Texas Medical Malpractice Study

• Federal Agenda Task Force

• CA WC Supplemental Schedule P

• Finite Risk/Reinsurance

• TRIA

• Spring Meeting in DC

Technology Changes on the way

--Online dues payment

--’One stop shopping’ membership ID changes

--Possible Online tracking of CE