Victim impact classes allow offenders to understand how their actions have affected others. They are held in prison or by court order, and include videos, speakers, and handouts. Speakers must be screened, and victims can read impact statements in court. A victim impact class gives criminals the ability to examine how their behavior has affected […]
A casualty loss is the loss of property due to natural disasters, accidents, or deliberate illegal acts. Both individuals and businesses can claim it on their tax returns if it meets deduction requirements. Smart Asset explains that casualty loss definitions and requirements vary by country. A casualty loss involves the loss of property through an […]
A property and casualty insurance license allows agents to sell insurance products such as car, home, and renter’s insurance. Requirements for obtaining a license vary by region and may require classroom education and passing an exam. Renewals and continuing education may also be necessary. Insurance agencies may prefer to hire agents with experience and valid […]
The Casualty Actuarial Society is a professional association of non-life actuaries founded in 1914 to study the effects of workers’ compensation on insurance. Its primary goal is to educate members and the public about actuarial analysis of property and liability risk. Membership is exclusive and requires passing a series of rigorous exams. The society has […]
