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They’re Back! Actuarial Society, Under Pressure, Reinstates Ratemaking Rules Less than a month ago, the prospect that long-held principles of actuarial ratemaking would survive an action by the Casualty Actuarial Society board of directors to rescind them seemed like a long shot. But facing continuing pressure from actuaries representing regulatory agencies and consumer interests, the CAS announced a reversal May 7. The reversal came after the CAS had confirmed the rescission on April 1. The reinstatement restores language ratemaking actuaries and regulators have followed for years: “A ra...