Derek W. Freihaut
Arthur R. Randolph II
Timothy C. Mosler
Robert J. Walling III
Linda K. Brobeck
Roosevelt C. Mosley Jr.
Very much appreciate our Pinnacle consultant's willingness to be available on what would otherwise have been vacation or personal time.
Pinnacle’s consultants have provided both testimony and expert reports in a wide variety of administrative hearings, lawsuits, arbitrations and other proceedings.
Pinnacle has consultants who are experienced as expert witnesses in arbitrations and also ARIAS-certified arbitrators.
Pinnacle strives to construct benchmarks for any analysis, whether ratemaking, loss reserving or some other use, as close as possible to replicating the nature of the underlying data being reviewed.
Pinnacle provides special interest seminars for
attorneys that include loss reserving, ratemaking and valuation to explain key
issues and best practices.
Pinnacle has experience working with large datasets
and creating models to assess damages and develop scenario outcomes.
As property/casualty insurance and financial litigation continues to grow in complexity, it is essential that you have independent, credible and expert actuaries who can explain actuarial matters clearly and effectively.
From routine business support to complex litigation, you need independent actuaries you can trust and understand. Coupled with a solid reputation for credibility, we have extensive experience handling new license applications, complex litigation, class actions, arbitration, administrative hearings and other contractual disputes.
As well, we are seasoned actuarial litigation experts who can support your efforts to make your case as strong as possible through expert testimony where needed. To help you build a better case, we will successfully sort through challenging issues and finer details to identify key arguments, create resolution scenarios and assess financial damage.
Our actuarial litigation support team has extensive experience supporting insurer in-house legal staff for law firms and their clients, as well as presenting testimony before legislative bodies, administrative rate hearings, special panels and federal, state and county courts. We can serve in all US jurisdictions, and our clients include insurers, banks, self-insured companies, captives and state insurance departments.
Pinnacle’s experience assisting law firms includes coverages such as:
Pinnacle Commitment Beyond Numbers Brochure
Empathetic Customer Service, Superior Communication, Expertise, Better Business Decisions
Pinnacle Captive and Alternative Markets Brochure
Pinnacle has a dedicated staff of consultants and actuarial analysts focused on serving the alternative markets.
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Administrative Rate Hearings
Pinnacle has developed an excellent working knowledge of state rate regulatory requirements and in challenging states such as California, Florida and Texas.
In California, Pinnacle has provided expert witness testimony in support of insurer rate requests on numerous occasions, covering issues such as the treatment of reinsurance costs in catastrophe ratemaking, auto classification plans and appropriate trends for auto insurance.
In Florida, Pinnacle consultants have assisted insurers with homeowner rate filings before the Office of Insurance Regulation addressing such issues as territorial ratemaking, catastrophe loads and appropriate trend selections.
In Texas, Pinnacle provided expert witness testimony to the Insurance Commissioner as part of the 2003 rate regulatory reforms. Since then, Pinnacle has assisted insurers with contested personal lines rate requests.
In 2009, Pinnacle provided expert testimony about the evolution of insurance industry asbestos liabilities in an arbitration hearing among several insurance companies and a pool manager. This assignment drew on our knowledge of the history of insurance industry asbestos liabilities, e.g., the evolution of the legal aspects surrounding coverage determinations, the interplay of primary, excess and reinsurance contracts, the history of failed attempts to control the problem and the impact of bankruptcies among other factors. The assignment also drew on our mass tort / latent liability reserving expertise.
Baltimore Territory Issues
In 2006, Pinnacle was retained by a group of several automobile insurance companies representing a significant share of the Maryland automobile insurance market to conduct an independent actuarial analysis of the Abell Foundation report, Actuarial Discrimination: City Residents Pay Up To 198% More For Car Insurance Than County Residents (Abell report). This report discusses many factors which contribute to higher automobile insurance rates in urban areas than rural areas with particular emphasis on Baltimore and attempts to quantify the magnitude of this as noted by the title of his report.
At Pinnacle, we partner with you to explore whatever path it takes to find the answers you need.
July 16, 2019
MCIA's 14th Annual Conference
July 25, 2019
July Apex Discussion Series -
Causes of Recent Adverse Development