Receiver’s expert in suits against officers and professionals.

Analysis supporting a receiver’s claims against a failed insurer’s former directors, officers, and professionals.

Receiver’s expert in suits against officers and professionals Estate claim adjudication and audits Reserve studies for carriers Life and annuity liquidations and rehabilitation Reinsurance collections and run-off operations

About this practice area

Suits brought by the receiver.

When an insurer fails, its receiver steps into the company’s shoes and may sue those whose conduct contributed to the failure: former directors and officers, outside auditors, accountants, actuaries, and other service providers. Recoveries go to the estate and ultimately to policyholders and creditors.

These cases usually turn on how the company actually operated: how claims were handled and reserved, what controls existed, what the professionals reviewed, and what they should have seen. The receiver’s expert reconstructs that picture from the failed company’s claim files and systems, often across hundreds of files.

Testimony given for receivers is also listed under Testimony for Receivers and Regulators.

The estate's records drawn into the expert's solid report, signed with one solid mark and carried on to the court's building

Engagements

For the receiver.

Reports, depositions, and trial testimony for receivers and liquidators.

Testifying expert · Report, Deposition, Trial

Three-month trial over a failed insurer’s directors and outside auditor

$2Bplea in the case

265claim files scored

800+page report

Receiver’s expert

Errors-and-omissions suit against a failed risk retention group’s directors, auditors, and actuaries

2-daydeposition

Finalreport issued

Settledafter the deposition

Receiver’s expert

Contested liquidation proceeding

Orderedinto liquidation

Receiver’s expert

Other matters

Claim audit of an insolvent carrier’s property lossesTestifyingEstate claims and auditsRead moreShow less

Retained by the Receiver of an insolvent carrier to perform a claim audit and examination of property losses. A random selection of the claim population was examined to form opinions about claim handling and payment to determine accuracy of payments and adequacy of claim file documentation.

Also listed under: Reserve adequacy studies · Claim audits and file scoring · Testimony for Receivers and Regulators · Claims Handling Review · Testimony record

Six further insolvency matters in IllinoisTestifyingReceiver’s expertRead moreShow less

Six further matters for Illinois Directors of Insurance acting as receiver, liquidator, or rehabilitator of insolvent carriers: expert opinion reports and sworn deposition testimony, including one appearance as a fact witness.

Also listed under: Testimony for Receivers and Regulators · Testimony record

Receiver’s expert in suits against officers and professionals.

Suits brought by the receiver.

For the receiver.

Three-month trial over a failed insurer’s directors and outside auditor

Errors-and-omissions suit against a failed risk retention group’s directors, auditors, and actuaries

Contested liquidation proceeding

Other matters

Elsewhere in Receivership & Insolvency Issues.

Estate claim adjudication and audits

Reserve studies for carriers

Life and annuity liquidations and rehabilitation

Reinsurance collections and run-off operations

Have a receivership or insolvency matter?