We have extensive experience in the insurance industry arising from litigation, management consulting, and Federal Reserve responsibilities. Our work has been used in multi-billion dollar litigations and corporate decisions alike, and has been published in academic journals and presented to Governors of the Federal Reserve Board. Our expertise ranges from valuation and risk measurement to a deep understanding of industry and corporate structure.
Complex Business Litigation
CFP’s Dr. Fenn testified on behalf of Credit Lyonnais and the French government in an extraordinarily complex $6 billion lawsuit brought by the losing bidders for U.S. life insurance company Executive Life, which had failed under the weight of its junk bond holdings. Dr. Fenn’s testimony, …read more
Complex Valuation and Risk Analysis
Xcel Energy v. United States of America was slated to become the fifth Corporate Owned Life Insurance (COLI) case to reach trial. Among the hotly contested issues was the pre-tax profitablity and valuation of life insurance policies extending out over 40 years. Finance experts for the taxpayer argued that the policies contributed hundreds of millions in value even absent the contested tax deductions on policy loan interest. Testifying for the United States, CFP’s Dr. Fenn …read more