An insurance underwriting expert was needed to review claims against E&O insurance and consult on industry standards for evaluating claims on professional liability products. The plaintiff operated a credit card business and entered into reaffirmation agreements with customers filing bankruptcy against their consumer debt. The reaffirmation agreements were not filed with the bankruptcy court as required and the credit card company was left with $150 million in liabilities. Subsequently the credit card company filed a claim against its E&O insurance to recover its losses.IMS ExpertServices was asked to locate an insurance underwriting expert in E&O insurance. The expert was needed to consult on standards and practices for professional liability insurance products and to whether the claims by the credit card company would be included in its E&O insurance coverage.
This insurance underwriting expert has been in the insurance industry since 1969. He has specialized in professional insurance since 1976 and led the Miscellaneous E&O Underwriting Department at a prominent insurance firm. As an insurance and risk management consultant to attorneys and insurance companies for the last 15 years, he has recommended appropriate E&O and other professional insurance products for his clients. As an expert witness he has reviewed the underwriting, policy wording and bad faith aspects of several insurance related disputes. IMS Reference #1217371
This expert in insurance underwriting has been in the insurance industry for more than 35 years. He has a deep knowledge of professional insurance including E&O and professional liability. As a consultant for the last eight years, he has frequently been asked to interpret coverage and support various litigation efforts as an expert witness. He has given dozens of depositions and has testified at trial approximately four times. IMS Reference #1217368