Casualty Actuarial Society - History

History

The society was founded in 1914 and originally named the Casualty Actuarial and Statistical Society. The present name was adopted in 1922. The society's first president was I. M. Rubinow, who played a key role in its formation. There were 97 founding members of the society.

The CAS was at first primarily concerned with problems of workers compensation insurance, which was introduced in the U.S. in the early 20th century. Eventually members of the society worked on all types of property-casualty insurance, including coverages for automobiles, homes and businesses. The society has now grown to over 5,400 members. Although the majority of members live and practice in the United States, there are CAS members in other countries.

Members of the CAS are employed by insurance companies, reinsurance companies, insurance brokers, educational institutions, ratemaking organizations, state insurance departments, the federal government, independent consulting firms, and non-traditional employers. There are a number of regional affiliates of the CAS, along with several special interest sections.

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