Insurance Expert Witnesses in Illinois

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Insurance expert witnesses specialize in a variety of fields, including property insurance, life insurance, health insurance, auto insurance, and business liability insurance. Some of the most common specialties among these experts also include workers' compensation insurance, marine insurance, reinsurance, underwriting, and claims handling. They have provided opinions on the effects of policy interpretation, claim disputes, bad faith claims, risk management, and premium calculation.

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Mr. Howard UnderwoodView profile

ID: 21825

Mr. Howard Underwood

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Illinois

This highly-qualified actuary has over 30 years of experience in his field. He earned his BS in economics from Wharton School of Commerce & Finance, his MD from Temple University School of Medicine, his MBA in healthcare administration at the University of Chicago, and his MS in bioengineering from Duke University. He also completed a medical residency in obstetrics & gynecology at Texas Tech...

Specialties:

Insurance Claims Handling & Bad Faith Expert WitnessView profile

E-078467

Insurance Claims Handling & Bad Faith Expert Witness

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Illinois

This insurance industry veteran has 30+ years of experience in the field. He is currently active as the Owner of an insurance claims consulting business that provides P&C claim audits, studies of industry best practices, and expert witness testimony. Previously, the expert served as a Partner at Ernst & Young, where he was the National Practice Leader for the Property & Casualty claims consulting...

Mr. Thomas S. Terry, MAAA, FCA, FSA, EAView profile

ID: 6935436

Mr. Thomas Terry, MAAA, FCA, FSA, EA

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Illinois

Mr. Thomas S. Terry has 48 years of experience in the field of Insurance. He earned his BS in Mathematics and Physics from Tufts University and his MS in Actuarial Science from the University of Michigan Stephen M. Ross School of Business. Today, this expert is an Enrolled Actuary through the Joint Board for the Enrollment of Actuaries. Formerly, this expert served as the President and Co-Founder...

The Average Insurance Expert Witness
Charges $417 / Hour

Based on hourly rates. Compare expert witness rates across thousands of specialties in all 50 states.

  • Review Fee

    $375

    Fee info

    This represents an expert’s hourly rate for participating in depositions. Experts may charge more for depositions that require them to travel, and some experts choose to bill a flat, daily or half-daily rate for deposition appearances.

  • Deposition Fee

    $425

    Fee info

    This represents an expert’s hourly rate for participating in depositions. Experts may charge more for depositions that require them to travel, and some experts choose to bill a flat, daily or half-daily rate for deposition appearances.

  • Court Fee

    $450

    Fee info

    This represents an expert’s hourly rate for participating in depositions. Experts may charge more for depositions that require them to travel, and some experts choose to bill a flat, daily or half-daily rate for deposition appearances.

Insurance Expert Witness FAQs

An insurance expert witness provides specialized knowledge about insurance policies, claims, and industry standards. They can help clarify complex issues, provide testimony, and assist in case preparation.

Cases involving disputes over coverage, claim denials, bad faith claims, underwriting issues, or allegations of insurance fraud often benefit from the insights of an insurance expert witness.

Yes, there are expert witnesses who specialize in various types of insurance such as health, life, auto, property, liability, and more. Their expertise can be invaluable in relevant cases.

An expert can review policy details and claim handling procedures to determine if the insurer acted reasonably. They can also testify on standard industry practices.

Look for individuals with extensive experience in the insurance industry. Certifications like Chartered Property Casualty Underwriter (CPCU) or Certified Insurance Counselor (CIC) can also be beneficial.

Expert Institute offers a personalized approach to help you find the highest quality experts. We source actively-practicing professionals who match all your requirements for specialty areas, work experience, litigation history, fee range, certifications, location, and more.

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