- Company: HB Actuarial Services, Inc.
- Phone: (561) 279-2323
- Cell: (561) 279-2323
- Website: www.hbactuarial.com
Specialties & Experience
General Specialties: Actuarial and Insurance
Education: mathematics, University of Rochester
Years in Practice: 30
Number of Times Deposed/Testified in Last 4 Yrs: 2
o Deposition regarding the rates and stacking practices of Uninsured Motorist / Auto Liability coverage for a large multistate auto insurer. o Actuarial valuations of commissions due from an insurance company. o Retained Chief Actuary services for a growing publicly traded workers’ compensation insurer; charged with building actuarial expertise from the ground up. o Expert preparation for appeal of NCCI rulings on experience rating modification factor process. o Opinion Letter to Ohio Department of Insurance on a Regulatory Settlement Agreement. o Actuarial Expert for Insurer in Receivership. o Negotiations and sworn statements with Florida Office of Insurance Regulation over excess profits statutes. o Expert opinion and deposition related to the filed policy forms with a state insurance department. o Workers compensation premium calculations for a premium dispute between insurer and insured. • Preparations of actuarial portion of SEC Filings prior to AmCOMP’s IPO • Management of rate calculations and filings nationwide; responsibility for securing regulatory approval for AmCOMP rate filings. • Management of pricing, calculations, analysis, and state rate filings for all retrospectively rated policies and deductible programs. • Development and implementation of a pricing tool used by all field underwriters nationally. • Detailed analysis of the company’s reinsurance program and attachment point, and annual recommendations of the fair cost and appropriate attachment point for the company’s excess reinsurance program. • Annual reserve estimate for reinsurance claims in for each reinsurance policy in the corporate reinsurance program. • Risk transfer analyses for historic reinsurance policies; building of a deposit accounting model for the Finance Department. • • Over 100 workers' compensation rate filings in approximately 20 jurisdictions. All rate filings prepared by my department were approved by the appropriate state insurance regulators.