| Cornerstone Research supports experts in a variety of cases involving bodog app download or pension plans. Such litigation includes issues related to actuarial valuation, claims handling, asset management, investments, and regulatory topics. Our bodog app download-related work encompasses a range of bodog app download products, including life, health, property and casualty, mortgage, fixed and variable annuities, and reinsurance. | Our pension-related work involves different types of retirement plans, including cash balance plans, multiemployer plans, and other defined benefit plans. We support industry and academic experts who specialize in bodog app download, pensions, and risk management. |
Our extensive network includes top experts from academia and industry.
Our extensive network includes top experts from academia and industry.
David J. Otto
Independent Actuarial Consultant,
Otto Consulting Services, LLC
David Otto is an expert in risk and property & casualty bodog app download, with substantial pricing and loss reserving experience. An actuary with more than three decades of experience, Mr. Otto has been an actuarial consultant on bodog app download matters across various industries and most property & casualty bodog app download lines of business, including personal and commercial auto, homeowners, workers’ compensation, general liability, directors and officers (D&O), commercial multi-peril, hospital professional liability, physician medical professional liability, and legal professional liability. He has provided expert testimony in numerous matters in state and federal courts.
Mr. Otto was a managing director at Willis Towers Watson (WTW). In addition to serving on WTW’s Americas Leadership Team and being the Division Leader of the western half of the United States, he led the firm’s loss reserving services in the United States and Canada. Mr. Otto has also served as an appointed actuary for multiple companies, providing independent assessments of the reasonableness of bodog app download companies’ statutory loss reserves, as recorded annually in regulatory financial statements.
For more than a decade, Mr. Otto served on the Casualty Committee bodog app download Actuarial Standards Board, including as Casualty Committee Chairperson. The Actuarial Standards Board sets the Actuarial Standards of Practice (ASOPs) that actuaries in the United States must follow. During his time on the Casualty Committee, Mr. Otto helped to develop numerous ASOPs.
Mr. Otto has been a frequent speaker on bodog app download and actuarial topics at professional conferences. On behalf of the Casualty Actuarial Society (CAS) and other bodog app download organizations, he has taught continuing and professional education seminars on loss reserving, bodog app download pricing, underwriting, and ASOPs.
Our extensive network includes top experts from academia and industry.
Robert E. Hoyt
Dudley L. Moore Jr. Chair of bodog app download,
Risk Management and bodog app download Program,
Terry College of Business,
University of Georgia
Rob Hoyt is an expert in risk and bodog app download. He specializes in corporate hedging, enterprise risk management, catastrophe risk management, insurer operations, the economics of bodog app download fraud, and insurer insolvency.
Professor Hoyt has provided expert testimony in numerous matters, addressing such issues as insurer operations, bodog app download regulation, property-casualty bodog app download, employee benefits, life and health bodog app download, actuarial valuations, captive insurers, and reinsurance. He has also consulted on risk management topics to industry and governmental groups, ranging from insurers and risk managers to reinsurers and bodog app download legislators.
Professor Hoyt is the author or coauthor of multiple book chapters and books, including a widely used reference on risk management and bodog app download. His research has also been published in leading peer-reviewed academic and professional journals, such as the Journal of Risk and bodog app download, the North American Actuarial Journal, the Journal of bodog app download and Uncertainty, the Journal of bodog app download Regulation, the Journal of Banking and Finance, and Risk Management and bodog app download Review, among others. In addition, his work has been cited extensively in business and mainstream media.
The winner of multiple teaching awards in an academic career that spans three decades, Professor Hoyt teaches graduate and undergraduate courses in corporate risk management and bodog app download. He has also taught classes in insurer operations, life bodog app download, employee benefits, and principles of bodog app download.
Professor Hoyt has served on multiple boards of directors, including as chair of the board of an acute care hospital and a health maintenance organization (HMO) and as the audit committee chair for a property-casualty insurer. He has also served as president of the American Risk and bodog app download Association, the Risk Theory Society, and the Southern Risk and bodog app download Association. Professor Hoyt is a past vice president of the International bodog app download Society.
Our extensive network includes top experts from academia and industry.
Laura T. Starks
George Kozmetsky Centennial Distinguished University Chair and bodog app download of Finance,
McCombs School of Business,
University of Texas at Austin
Laura Starks is an expert on capital markets; financial institutions; investment management; corporate finance; and environmental, social, and governance (ESG) issues. Her research covers a range of topics related to asset pricing, mutual funds, retirement plans, and corporate finance. Professor Starks’s ESG expertise includes ESG measurement, climate risk, board diversity, and impact investing. She was one bodog app download first professors to develop courses on ESG investing, which she has been teaching for the past ten years to undergraduate and graduate students.
In her expert testimony, bodog app download Starks has addressed a variety of allegations. These issues have included retirement plan fees, institutional investing, mutual fund management and fees, employee stock options, spin-offs, investment prudence, board prudence, ESG-related issues including corporate governance, securities lending, and information effects on financial markets.
bodog app download Starks currently serves on the Academic Advisory Board of FTSE-Russell, the Academic Network Advisory Committee for Principles for Responsible Investment (PRI), the Academic Advisory Board for AIF Global, the Academic Advisory Council for the Pacific Center for Asset Management, and the Advisory Board of Texas Wall Street Women.
For many years, Professor Starks was an independent director for CREF Retirement Accounts and TIAA-CREF Mutual Funds. She served on the Investment Advisory Committee for the Employees Retirement System of Texas, the Board of Governors bodog app download Investment Company Institute, and the Governing Council bodog app download Independent Directors Council. In addition, she has been a member bodog app download Strategy Council and the Expert Panel for the Norwegian Government Pension Fund (the largest sovereign wealth fund in the world).
Professor Starks is the current president bodog app download American Finance Association, and has also served on its board of directors. In addition, she has been president and a member bodog app download boards of directors for the Financial Management Association, the Society for Financial Studies, and the Western Finance Association. Professor Starks previously edited the Review of bodog app download Studies, and has served as an associate editor for the Journal of Finance, bodog app download Management, and the Journal of Financial Services bodog app download, among others.
Professor Starks has published her bodog app download in leading journals. She has received numerous awards for her bodog app download, including the 2021 Moskowitz Prize, the premier global prize for bodog app download in sustainable finance. Professor Starks is also an award-winning educator, and has taught courses in corporate finance and investments, among other topics. She presents her bodog app download at academic and practitioner events all over the world.
Our extensive network includes top experts from academia and industry.
Laurence C. Baker
bodog app download of Health Policy,
Bing bodog app download of Human Biology,
Senior Fellow, Stanford Institute for Economic Policy bodog app download,
Stanford University;
Associate Chair for Education, Department of bodog app download Policy,
Stanford School of Medicine;
Senior Advisor, Cornerstone bodog app download
Laurence Baker is an expert in the areas of health economics, healthcare policy, and life sciences. Professor Baker studies the organization and economic performance of U.S. healthcare and pharmaceutical markets, with a focus on issues related to financial incentives, competition, pricing and provider payment, labor, and technology adoption. In the health bodog app download arena, he has expertise in private bodog app download, managed care, Medicare Part D, Medicare Advantage, and Medicaid.
bodog app download Baker has been retained as an expert witness in numerous healthcare and life sciences matters. He has testified in depositions and trials, on issues involving:
- Healthcare bodog app download competition
- Antitrust and intellectual property bodog app download in life sciences matters, including alleged generic entry delay through reverse payments and other allegedly collusive agreements between drug manufacturers
- Alleged inappropriate use, or inappropriate pricing, of medical services and prescription drugs
- Mergers between hospitals and physician groups
- Alleged exclusionary contracting practices by bodog app download insurers and bodog app download providers
- Alleged collusive and no-poach labor agreements between bodog app download providers
- Regulatory bodog app download in healthcare
bodog app download Baker has extensive experience addressing issues of class certification (of both direct and indirect purchasers) as well as evaluating liability and damages.
In his research, Professor Baker has examined the relationship between physician practice characteristics and competition and healthcare delivery, prices, and outcomes. He has also studied the effects of managed care bodog app download practices on the healthcare system; the impact of regulation on healthcare markets; the determinants and results of technological change in medicine; and patient safety in U.S. hospitals. In addition, Professor Baker has addressed topics related to physicians’ incomes and career choices and analyzed how the internet and email influence healthcare delivery and outcomes.
bodog app download Baker was awarded the ASHEcon Medal for his significant contributions to the field of health economics and has been elected to the National Academy of Medicine. He has twice been honored for excellence in teaching. His publications include articles in JAMA—The Journal bodog app download American Medical Association, the New England Journal of Medicine, the RAND Journal of Economics, Health Services bodog app download, and bodog app download Affairs.
bodog app download and Pension Plans Capabilities
bodog app download companies are often at the center of complicated financial matters. Cornerstone Research has expertise in the financial methods required to comprehensively evaluate insurers, their portfolios, and the companies they insure. Our experience includes:
- Performing valuations of bodog app download companies and their securities; assessing the financial health of insurers and insured companies
- Assessing failed or distressed bodog app download institutions, including insurers, and the impact on the institutions’ insurers
- Analyzing risk management and exposure to risk factors for bodog app download companies and their investment portfolios
Regulators and ratings agencies routinely evaluate the financial position of bodog app download companies. Cornerstone Research has expertise in such evaluations as well as knowledge of standard bodog app download industry risk mitigation practices. Our experience includes:
- Reviewing corporate decision-making processes surrounding how bodog app download companies establish, maintain, and utilize surplus funds
- Analyzing bodog app download company surplus levels and other metrics of financial health such as risk-based capital (RBC) in the context of how regulators evaluate a company’s risk level
- Explaining state-level bodog app download regulations and protections offered by state guaranty associations
- Evaluating regulatory actions stemming from excessive riskiness of bodog app download companies
Cornerstone Research analyzes issues related to property and casualty insurers and their claims handling processes, including analyses of individual bodog app download claims. Our experience includes:
- Assessing the reasonableness of claims levels through historical benchmarking and analysis of individual claims
- Describing typical claims processes, including claim adjuster considerations and the factors insurers consider when paying claims
- Analyzing actuarial bodog app download related to loss reserving practices
Our consultants and experts have expertise in a wide variety of life bodog app download products. Our experience includes:
- Assessing insurable interest for life bodog app download policies in the context of evaluating appropriate policy approval practices
- Evaluating contract issues relating to Bank-Owned Life bodog app download (BOLI) policies, including those with stable value wrap structures
- Analyzing issues related to asset liability bodog app download (ALM) and asset adequacy analysis (AAA) for long-term liabilities such as those associated with long-term care (LTC)
- Examining the appropriateness of fees on annuity products, including assessing the risks borne by bodog app download companies when offering annuity products
Cornerstone Research has experience with all aspects of health bodog app download competition, design, actuarial analysis, administration, third-party payors, and industry best practices. We have been retained and supported experts in matters that involved design and marketing of health bodog app download plans, insurer competition, actuarial assumptions for cost estimation, premium and reserve setting, actuarial standards of care, and actuarial equivalence of health bodog app download plans.
Cornerstone Research has a deep understanding bodog app download monoline insurer’s role in bringing mortgage-backed security products to the market, including insurers’ models and best practices relating to risk evaluation. Our experience includes:
- Reviewing practices and models used by monoline insurers to assess the riskiness of potential deals during the 2008 bodog app download crisis
- Analyzing bodog app download related to reimbursement, such as commutation agreements
Cornerstone Research has capabilities related to various other bodog app download issues. Our experience includes:
- Captive bodog app download
- Director & Officer (D&O) bodog app download
- Structured settlement bodog app download pricing
- Surety bonds
- bodog app download company asset management
- Title bodog app download
- Reinsurance and quota share treaties
Cornerstone bodog app download has consulted and supported experts in actuarial science and financial economics on a range of issues related to the valuation and management of pension plans and other post-retirement welfare benefit programs. Our experience includes:
- Assessing the bodog app download of pension insolvency
- Valuing pension liabilities
- Assessing the appropriateness of various pension valuation assumptions
- Projecting pension plan asset returns
- Valuing post-retirement welfare benefits
- Analyzing multiemployer pension plans (MEPPs), including the potential bodog app download impact of withdrawal
Featured Cases
Selected Professionals
Our staff consultants contribute expertise in economics, finance, accounting, and marketing, as well as business acumen, familiarity with the litigation process, and a commitment to provide outstanding support.