Professional Standards - Mock Trial

Actuarial standards can be a double-edged sword providing both a safe harbor as well as potential points of attack in a malpractice action. The actuary may be called upon to demonstrate compliance with standards and defend procedures, documentation, and results. This session will present a mock trial based upon a loss reserve opinion for a hypothetical insurance company that subsequently becomes insolvent. The session will consist of the cross examination of the actuary by the plaintiff’s attorney. Case study and background material will be available at the registration desk for review prior to the beginning of the session. This session will not be recorded.