Actuarial Expert Witness Services & Litigation Support

Our actuaries have been involved in wide-ranging actuarial and insurance expert witness work, including loss reserving, actuarial malpractice, rate setting, policy audit, policy coverage, legal responsibilities of insurance agents, reinsurance and a class action securities lawsuit dealing with negligent actuarial work. Our actuaries are qualified to handle insurance and actuarial expert witness work for all property and casualty lines of business and insurance products.

Our actuaries can assist with your insurance litigation in connection with the following:

Our actuaries can assist you by providing superior expert witness and litigation support services. Our actuarial expert testimonies and reports are strong, well researched, credible, and easy to understand by non-actuaries.

We have a strong understanding of the technical aspects of actuarial science and actuarial concepts and firmly understand that they need to be explained to attorneys, judges, and juries in simple terms in order to have a successful litigation.

The depth of experience and knowledge of our actuaries makes AACG an ideal partner in any insurance litigation or dispute.

How we can help with your case

Actuaries are experts at analyzing and quantifying risk. Our actuaries are also experts at reviewing insurance policies and reinsurance agreements to determine the extent of coverage, including limitations, conditions, duties, and exclusions. After reviewing your case, we will work with you to determine the strategy that will maximize your chances of having a successful case. We will prepare you for the depositions of the opposing party by explaining clearly the issues at hand and by providing a list of questions that are tailored to each individual. We will also get ready for our own deposition by discussing the most important issues that must be conveyed in order to support the strength of our position. We will write an expert report that clearly and strongly supports our position. We will hold regular meetings during the entire process to ensure that the case is moving forward and that all important issues are being addressed.

What standards must an actuarial expert witness follow?

All actuaries must follow the Code of Professional Conduct and the Actuarial Standards of Practice (ASOPs) which are promulgated by the American Academy of Actuaries. ASOP No. 17, which is titled 'Expert Testimony by Actuaries' provides guidance to actuaries who provide oral or written expert testimony as part of their work as expert witnesses. According to ASOP No. 17, some of the recommended practices that an actuary working as an expert witness should consider include how to handle the rules of evidence and procedure, conflicts between appropriate actuarial practice and laws and regulations, conflicts of interest, reliance upon the work of others, disclosure of actuarial assumptions and methods, and how to handle hypothetical questions.

What is the difference between the credentials of ACAS and FCAS?

ACAS stands for 'Associate of the Casualty Actuarial Society' while FCAS stands for 'Fellow of the Casualty Actuarial Society' and both credentials refer to two separate levels of membership in the Casualty Actuarial Society that are attained by the successful completion a series of examinations. The first level is ACAS and the second level is FCAS. An actuary with the FCAS designation has completed all professional examinations of the Casualty Actuarial Society.