Ryan Patterson has been expelled as a member of the Casualty Actuarial Society (CAS), effective June 30, 2022. The Discipline Committee Panel of the CAS, acting in accordance with the CAS Bylaws and Rules of Procedure for Disciplinary Actions and with consideration of the findings from the Actuarial Board for Counseling and Discipline, voted unanimously to expel Mr. Ryan Patterson for materially violating Precept 1 of the Code of Professional Conduct (Code).
The charges against Patterson are related to a criminal charge and guilty plea of Mr. Patterson for aggravated criminal sexual abuse, a Class 2 Felony under Illinois state law. Mr. Patterson’s actions, by their very nature, damaged the reputation of the actuarial profession.
The 45-day period for Patterson to appeal the Panel’s decision to the CAS Board of Directors expired without any communication from Patterson.