William C. Cutlip Consulting    ...always ask an actuary
 
 
 
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Expert Witness / Forensics / Litigation Support
 
Class Litigation
Class action cases require a sound, common action and financial base for determining damages. This involves identification of those elements which are common to all participants. It also involves establishing damage calculation techniques which maintain class members’ equity while making individual damage calculations both efficient and effective.

My experience as an actuary in class litigation cases has given me the insight and skills to support litigators in identifying key common issues and in calculating the basis for equitable settlements.

Issues in a class case may involve insurance premium overcharges, loss of policies, vanishing premium, or other common losses.

 
Individual Litigation
The financial evaluation of risks and contingencies is the basis of actuarial work. I use a combination of historical information, trends, and upcoming financial changes to establish a dollar value and quantify the future value of a current issue. Through my opinion I then can relate understandable answers to complex financial questions.

Because no two cases are exactly alike, I tailor each report to the individual situation. Special consideration is given to the make up of individuals including their personal history and habits. This results in an opinion which focuses on the individual involved rather than a “standard” view.

As an attorney, you handle numerous cases in which a sound financial evaluation is critical to the effective representation of your clients whether they are businesses or individuals.

Needs involving businesses may be triggered by merger or acquisition, dissolution of a business, insurance settlements, employee grievances, or any number of different issues.

For an individual, the need can arise from an insurance claim, accident, wrongful death, employment, divorce, estate settlement, or from life’s other pecuniary situations.

 
 
Partial Listing of Case Experience
 
DEFENSE
Medical Malpractice financial evaluation
Bad faith expert witness
Inheritance loss
Pecuniary loss - evaluation and testimony
Employer limit on outside work - mediation testimony
Recovery of group health premium
Title VII discrimination evaluations
Disability claim denial and recovery
Business losses resulting from accident - evaluation and testimony
Insurance agents’ commission bonus payments
 
PLAINTIFF
Insurance class action - premium overcharge
Loss of employee benefits financial evaluation
Denial of insurance coverage for AIDS - financial evaluation
Denial of insurance death benefit
Insurance class action - vanishing premium
Agent wrongful sale of health coverage
Vanishing Premium - evaluation of individual cases
Retirement funding - inadequate insurance coverage
Insurance class action - receivership action
Individual policy vanishing premium - mediation testimony
Life expectancy and recidivism measures - Criminal case
 
       
     
     
Always Ask an Actuary  |  Services to Clients  |  Professional Profile  |  Client References  |  Contact Us
     
William C.Cutlip Consulting
Madison Office
3048 Woods Edge Way, Madison, WI 53711
Phone 608-443-0669
Fax (608) 443-0668
cutlipconsulting@cs.com
  Tucson Office
8021 N. Wildomar Drive, Tucson, AZ 85743
Phone (520) 572-8833
Fax (520) 579-6688
cutlipconsulting@cs.com