Chuck is a Managing Principal with EVP Advisors, Inc. He holds a Bachelor of Science degree in Mathematics from the University of Notre Dame, and has twenty-five years of actuarial experience.
Chuck is a Fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries. In 2006 he was elected to the Board of Directors of the American Academy of Actuaries.
EVP Advisors, Chuck was a Director at Navigant Consulting, Inc. and
a Principal and Consultant with Pinnacle Actuarial Resources, Inc. in
its Chicago office. Prior to Pinnacle, Chuck was employed by
Zurich American Insurance Companies and was a consultant with Deloitte
& Touche. His expertise is largely focused on loss
reserving for property/casualty companies and Enterprise Risk Management.
He also provides expert testimony in matters regarding property and casualty
insurance. His experience includes: loss reserve studies for insurance
companies; financial modeling and valuation of insurance companies and
of non-traditional risks; participation on due diligence teams in mergers
and acquisitions of property/casualty insurance companies; development
of independent loss reserves for large workers compensation carriers;
development of funding and reserving recommendations for self-insured
entities; analysis and strategy regarding Risk Based Capital.
Chuck is a frequent speaker on Enterprise Risk Management and loss reserving. He has participated on various professional society research and communication committees. His most recent published article is the prize-winning “Linking DFA to Corporate Strategy,” in CAS Forum, 2000.
engaged by the plaintiff, a domestic carrier, to review the collateral
calculations performed by the defendant, the purchasing carrier in a
formal insurance arbitration. Chuck’s review involved evaluation
of these liabilities for their consistency with published standards
of actuarial practice and, above all, their reasonableness.
The expert report he provided served as a basis for maximizing the asset
purchase agreement as decided in the arbitration.
engaged by the plaintiff, a domestic insurer, against a third-party
claims administrator involving the effect of claims practices on the
financial performance of the carrier’s liability insurance policies.
His testimony addressed the average severity and settlement rates of
the liability insurance claims prior to and subsequent to the defendant’s
oversight of the claims settlements.
engaged by the plaintiff, an offshore captive insurer, to review the
collateral calculations performed by the defendant, fronting carrier.
Chuck’s review involved evaluation of these liabilities for their
consistency with published standards of actuarial practice and, above
all, their reasonableness. The expert report he provided
served as a basis for reducing the collateral requirements demanded
by the defendant.
engaged by the defendant, a prominent property/casualty carrier, as
an expert who testified as to the appropriateness of workers compensation
ratemaking practices and procedures used by the defendant on large retrospectively-rated
policies. Chuck’s expert report addressed the rating procedures
actually used by the defendant in contrast to those described in the
plaintiff’s expert report. His analytical approach in the matter
also assisted the defendant by limiting the plaintiff’s claims for
damages in relation to premium calculations.