TRUSTED ACTUARIAL AUTHORITY: L&E actuaries can reduce even the most complicated reality to its fundamental elements. The creation or evaluation of actuarial testamentary information for legal purposes presents an exciting opportunity for our experts. We take great pride in our ability to apply our talent, knowledge and experience to a single challenge. Our focus on identification, evaluation and quantification of economic risk as a cornerstone of actuarial science, serves as a solution for our clients:
- Attorneys
- Courts
- Arbitrators
- Mediators
- Hearing Officers
INCOMPARABLE INTEGRITY: L&E actuaries adhere to the profession’s Actuarial Standards of Practice to meet exacting professional qualifications and ethical standards before accepting an assignment or providing any testimony. We act honestly, with integrity and competence, in a manner to fulfill our professions's responsibility to the public.
We maintain our same fee structure for expert testimony as we do for our other services. We believe contingency fees may interfere with objective and ethical conduct; therefore, we do not participate in such arrangements.
AREAS OF ACTUARIAL EXPERTISE: As insurance industry experts, L&E actuaries can provide key support in the understanding, evaluation or resolution of conflict involving insurance issues. Although we are always searching for new areas to apply our expertise in the insurance and financial risk arenas, we have provided expert testimony for:
- Value of class action settlements
- Value of structured settlements
- Cost impact of tort liability decisions or regulatory proposals
- Lost earnings after death or personal injury and their present value
- Value of pension and other items incident to a divorce
- Determine relationships between risk and return on investments
- Value of insurance agencies
- Government disputes
- Rating agency negotiations
- Value of insurance companies or blocks of business
- Questions concerning reinsurance agreements
- Evaluation of employer/group accounting or rating
- Review of health provider reimbursement practices
- Understanding sales illustrations
We are specifically trained in the evaluation of future unknown risks such as death and disability. We are also experts in the determination of the time value of money. By combining these two proficiencies, we can construct actuarial models which reduce a complicated reality to its fundamental elements. |
