Insurance fraud expert witnesses may consult on the insurance industry, health insurance, disability insurance, and affiliated matters. On December 14, 2011, the Illinois Department of Insurance issued this press release:
The Illinois Department of Insurance Uncovers Company Selling Fraudulent Health Insurance – Department Offers Advice on How to Avoid Scam Insurance Plans
The Department also offers advice on dealing with offers of health insurance:
In The Insurer’s Duty to Defend: A Quick Analysis, attorney and insurance expert witness Thomas H. Veitch describes some general rules applied by Texas courts and other jurisdictions following the “Eight Corners Analysis” regarding a duty to defend.
A duty to indemnify is based on whether the alleged facts are actually established; for example, a ruling of the court or the findings of the jury.
If an insurer owes a duty to defend any portion of the suit, the insurer is obligated to defend the entire suit.
Music expert witnesses may consult on musical recordings, the music industry, the recording industry, and more. In the news, Jana Fallin, professor of music education at Kansas State, writes on music of the season. “Hearing Christmas music before December is becoming more common and there may be a deeper meaning behind this trend.”
Read more: physorg.com.
In Avoiding the $475,000 Mistake – Entering the Credit Bid attorney John L. Hosack, Buchalter Nemer, and mortgages expert witness Joffrey Long write:
Also critical, any manner in which you instruct the trustee to bid on your behalf could
Be challenged by your investors. You should have provisions in your loan servicing agreement that cover this, or obtain their later authorization to proceed. Even with prior authorization, they should be informed in writing as to the manner in which the bidding will proceed.
Television expert witness Edwin Desser, president of Desser Sports Media Inc., testified this month on behalf of Fox Sports in the Los Angeles Dodgers bankruptcy case. The former senior executive in the NBA Commissioner’s Office for 23 years said that the Dodgers are worth about $100M a year. U.S. District Judge Leonard Stark is presiding in the Delaware Bankruptcy Court case.
Read more: justia.com.
Compensation expert witness Dr. Sanjai Bhagat presented his paper Bank Executive Compensation And Capital Requirements Reform this month to the Board of Governors of the Federal Reserve System, Washington DC.
Abstract Part 2:
We study the executive compensation structure in the largest 14 U.S. financial institutions during 2000-2008. We focus on the CEO’s buys and sells of their bank’s stock, purchase of stock via option exercise, and their salary and bonus during 2000-2008. We consider the capital losses these CEOs incur due to the dramatic share price declines in 2008. We consider the shareholder returns for these 14 banks. Finally, we consider three measures of risk-taking by these banks: (a) the bank’s Z-score, (b) the bank’s asset write-downs, and (c) whether or not a bank borrows capital from various Fed bailout programs, and the amount of such capital.
Insurance fraud expert witnesses may consult on the insurance industry, health insurance, disability insurance, and affiliated matters. On December 14, 2011, the Illinois Department of Insurance issued this press release:
The Illinois Department of Insurance Uncovers Company Selling Fraudulent Health Insurance – Department Offers Advice on How to Avoid Scam Insurance Plans
The Department also offers advice on dealing with offers of health insurance:
Google Inc has announced it will hook up Kansas City, Kan., and then Kansas City, Mo., local computers to enhanced internet service. Media expert witness Larry Gerbrandt, an analyst for Media Valuation Partners and a former cable operator, says, “One market doesn’t change things. Even Google doesn’t have enough money to wire the country.” Media Valuation Partners MVP specializes in understanding how value is created and monetized in the media, entertainment, mobile and emerging technology sectors.
In Experts – How do you Advertise?, construction expert witness William Gulya, Jr., President & CEO, Middlesex Trenching Company, writes:
The next topic was print advertising such as post cards, newsletters, ads in law journals and alike. To my surprise the vast majority of experts did not participate in this type of advertising. The main reasons given for this was cost and time. Many experts felt the return on their investment was too small. More importantly, they believed the time it took to compose the advertising, create artwork, label and mail advertising was simply too time-consuming. I for one participate in each and every form of advertising mentioned. A regular marketing plan to your target audience can pay huge dividends. Admittedly, I use and depend on a marketing professional for this purpose.
The discussion then turned into advertising your service. Many of the experts had a guarded view of advertising. The most common concern was how to answer questions by opposing counsel about expert advertising. I was reminded of a piece I read not long ago in which a professional in expert marketing – Rosalie Hamilton, the Expert’s Expert on Marketing, http://www.expertcommunications.com/, said –
Health insurance expert witnesses may opine on insurance policies, insurance claims, insurance carriers, and associated matters. In Why Employers Will Continue to Provide Health Insurance: The Impact of the Affordable Care Act (Policy Briefs/Timely Analysis of Health Policy Issues), Linda J. Blumberg, Matthew Buettgens, Judy Feder, and John Holahan of the Urban Institute write:
The Congressional Budget Office, the Rand Corporation, and the Urban Institute have estimated that the Affordable Care Act (ACA) will leave employer-sponsored coverage largely intact; in contrast, some economists and benefit consultants argue that the ACA encourages employers to drop coverage thereby making both their workers and their firms better off (a “win–win” situation). This brief’s analysis shows that no such “win–win” situation exists and that employer-sponsored insurance will remain most workers’ primary source of coverage. Analysis of three issues-the terms of the ACA, worker characteristics, and the fundamental economics of competitive markets-supports this conclusion.
Read more: urbanorg.com.
