New laws and increased public scrutiny are changing financial reporting requirements in the property-casualty insurance industry, experts advised at a recent industry gathering in Atlanta.

Speakers at the annual Casualty Loss Reserve Seminar told their audience that actuaries are being asked to broaden the scope and detail of their reviews and opinions. The seminar was co-sponsored by the Casualty Actuarial Society and American Academy of Actuaries.

Maryanne T. Donaghy, an attorney with the firm of Stradley Ronon Stevens & Young, said federal financial reporting laws are important to the work of actuaries as they are applied to the insurance industry and the regulation of insurance companies.

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