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Ronald T. (Rusty) Kuehn

Maureen S. Ruth

Todd H. Dashoff

Conrad Membrino

Rhonda Hellman

Steve Lesser

Alan M. Pakula

James A. (Jim) Hall,
III

Jane C. Taylor

Melissa Houck

Blaine Marles

Kim E. Piersol

Frank Sullivan

David Milliner

Michelle Smith

Carolyn Kuehn
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Ronald
T. (Rusty) Kuehn FCAS,
MAAA, CPCU, ARM, FCA
Consulting Actuary
Mr. Kuehn is a Fellow of
the Casualty Actuarial Society and the Conference of Actuaries in Public
Practice, a Member of the American Academy of Actuaries and the
International Actuarial Association. Mr. Kuehn has served as a Partner at
a big-four accounting firm. He has 36 years of experience in
property-casualty lines of business and distribution systems, and has sat
on various industry committees.
Mr. Kuehn has been involved
in actuarial consulting projects including:
- Ratemaking and Loss
reserving studies for physician owned Health Care Liability Insurance
providers
- Health Care professional
liability rate filing analysis for state insurance departments
- Health Care professional
liability rate filing testimony for interveners
- Valuation for book of
reinsurance business for property-casualty multi-line insurance
companies
- Design of
property-casualty company strategic planning model used by clients
- Represented a major
dental association negotiating with a state insurance department
concerning dentists professional liability insurance
- Worked for Insurance
Departments in valuing the assets of insolvent property-casualty
insurance carriers
- Annual statement loss
reserve certifications for various insurance companies
- Merger and acquisition
valuation and strategic analysis for clients wishing to purchase
insurance companies and insurance agencies
- Risk management analysis
for major corporate clients
- Reinsurance program
analysis for a major property-casualty insurance company including:
Preparation of bidding specifications, broker review and selection,
reinsurance bid analysis
Mr. Kuehn served on the
Examination Committee and the Committee for Consultants' Interests of the
Casualty Actuarial Society, and as past president, education chairman and
board member of the Casualty Actuaries of the Mid-Atlantic Region. Mr.
Kuehn has also served as a member of the Conference Task Force on Public
Policy Debate of the Conference of Actuaries in Public Practice. Mr. Kuehn
currently serves on the board of the Insurance Society of Philadelphia and
the board of CAMAR.
Mr. Kuehn received his B.A. Degree in Mathematics from Loyola College in
Maryland.
610.892.1823
rusty.kuehn@hugginsactuarial.com
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Maureen
S. Ruth ACAS,
MAAA
Consulting Actuary
Maureen Ruth is an Associate of the
Casualty Actuarial Society and a Member of the American Academy of
Actuaries. Ms. Ruth has served as a Manager of Actuarial Services for a
big four accounting firm. Prior to this, she held actuarial management
positions at both a small regional commercial lines carrier and a large,
international property and casualty company. Ms. Ruth has over 21 years of
experience in the actuarial field.
Ms. Ruth has extensive experience in
various areas including:
- Commercial lines reserving, with
concentration in medical malpractice
- Personal and commercial lines
ratemaking
- Reinsurance commutations
- Strategic planning
- Product development
- Financial reporting and
measurement
- Financial projections and
modeling
Ms. Ruth has worked not only on
consulting assignments in the United States, but has also been involved
with projects in the United Kingdom, Bermuda, Puerto Rico, and Australia.
Her clients have included self-insured entities, captive insurance
companies, and state regulatory authorities, in addition to
property-casualty insurance and re-insurance companies.
Prior to entering actuarial
consulting, Ms. Ruth was involved in various areas of property and
casualty insurance company actuarial operations, with an emphasis on
profitability analysis and strategic planning. Ms. Ruth holds a Bachelor
of Science in Mathematics from St. Joseph’s University in Philadelphia.
610.892.1825
maureen.ruth@hugginsactuarial.com
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Todd
H. Dashoff ACAS,
MAAA, ARM
Consulting Actuary
Mr. Dashoff is an Associate of the
Casualty Actuarial Society, a Member of the American Academy of Actuaries
and an Associate in Risk Management. He has served as a Manager in the
Actuarial Services practice of a big four accounting firm. Prior to that,
he was an actuary for a major property-casualty insurance company located
in the Mid-Atlantic region of the United States. Mr. Dashoff has 25 years
of experience in the actuarial field.
Mr. Dashoff has been involved in
actuarial consulting projects including:
- Reserving and ratemaking analyses
for major medical malpractice carriers
- Evaluations of effects of
legislative changes on medical malpractice carriers
- Analyses of incurred but not
reported (IBNR) reserve requirements under SOP 87-1 for Pennsylvania
and New Jersey hospitals
- Actuarial analysis for formation
of a medical risk retention group
- Pricing for municipal joint
insurance funds and self-insured medical liability programs
- Reserve analyses for direct
writers and reinsurers
- Evaluations of pro-rata, excess
and loss portfolio transfer reinsurance programs for insurance
carriers
- Development of computer program
to account for effect of new tax law changes on ratemaking system
Prior to entering actuarial
consulting, Mr. Dashoff was involved in various areas of property-casualty
insurance company actuarial operations, with an emphasis on private
passenger automobile pricing and reserving.
He received a M.A.S. Degree in
Actuarial Science from Georgia State University. Mr. Dashoff also received
a B.S. Degree in Economics from Wharton School, University of
Pennsylvania.
610.892.1826
todd.dashoff@hugginsactuarial.com
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Conrad
Membrino ACAS
Consulting Actuary
Mr. Membrino is an Associate of the
Casualty Actuarial Society. He has over 23 years of experience in property
casualty insurance, and is an expert in database software systems.
Mr. Membrino has been involved in
actuarial consulting projects including:
- Re-rating personal auto policies
on an individual basis in order to calculate earned premiums at
present rates by accident year and territory
- Developed Written/Earned
Premiums/Exposures by state, territory, agent and agent branch
- Developed with P/C SAS and
installed JCL mainframe reading GDG files and creating SAS datasets.
Also made update program to update SAS datasets from latest GDG and
gave instructions to user
- Designed, tested and installed
SAS programs on mainframes to run yearly request by a State’s
Insurance Department
- Specified data request to create
an automated rating system, consisting of almost 20 SAS programs
- Automated to calculation of class
relativities for physician class and territory with SAS
During Mr. Membrino’s early
career, he was involved in many academic pursuits, such as a college
math/computer-language teacher, as well as actuarial consulting for a
large Insurance company. There, he worked on determination of rate changes
on a statewide and territorial basis based upon loss experience, trending,
loss development, and earned premiums for each territory of
property-casualty actuarial operations, with an emphasis on private
passenger automobile pricing and reserving.
Mr. Membrino received his B.S.
Degree in Mathematics at the University of Connecticut, and served as an
A.S. in Data Processing Department at Waterbury State Technical College.
610. 892.1827
conrad.membrino@hugginsactuarial.com
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page.
Rhonda
Hellman ACAS,
MAAA
Consulting Actuary
Rhonda Hellman is an Associate of
the Casualty Actuarial Society and a Member of the American Academy of
Actuaries. Prior to joining Huggins in 2004, Ms. Hellman was a consulting
actuary in the Insurance Advisory and Actuarial Services group of Ernst
& Young, LLP, a senior actuarial analyst in the Excess & Select
actuarial department of the property-casualty division of CNA Insurance,
and a senior actuarial analyst in actuarial department of CIGNA. Ms.
Hellman has over 18 years of experience in the actuarial field.
Ms. Hellman has been involved in
actuarial consulting projects including:
- Calculation of workers’
compensation overall pure premium and classification pure premium for
state funds
- Calculation of workers’
compensation experience modification factor for state funds
- Creation of workers’
compensation model for calculation of outstanding liabilities for
individual self-insureds
- Calculation of outstanding
liabilities for individual self-insureds
- Ratemaking and outstanding
liabilities analysis for municipal pools
- Assisting regulators with workers’
compensation self-insurance requirements in South Dakota and West
Virginia
- Pricing primary and excess layers
on a per occurrence basis for workers’ compensation, general
Liability and auto liability for cash-flow policies for fortune 1000
companies
- Filing and pricing of workers’
compensation large risk deductibles
- Conducting reserves reviews for
all lines for exposure in Japan, Latin America, and New Zealand
- Programmed computational models
for projection and pricing systems
Ms. Hellman received a Bachelor of
Arts degree in Mathematics from Bryn Mawr College.
610.892.0182
rhonda.hellman@hugginsactuarial.com
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page.
Steve
Lesser FCAS,
MAAA
Consulting Actuary
Steve Lesser is a Fellow of
the Casualty Actuarial Society. Mr. Lesser served as chief actuary for AIG
Private Client Group, a profit center specializing in insurance products
and risk management services for high net worth individuals. Prior to
that, Mr. Lesser directed actuarial services for CIGNA Property and
Casualty's recreational marine unit, where he made pricing and reserving
recommendations for boat, yacht and marina products. Mr. Lesser also has
provided actuarial support for other products including workers'
compensation. Mr. Lesser has over 13 years of experience in the actuarial
field.
Mr. Lesser has extensive
experience in various areas including:
- Development of forms,
rates and rating plans for new personal lines products
- Implementation of
countrywide product filings
- Acquisition valuation of
books of business
- Financial analysis and
reserve reviews
- Competitive analysis for
new and existing products
- Development of agent
profit-sharing agreements
Mr. Lesser received his
Bachelor of Science in Mathematics from the University of Michigan. He is
an actuarial exam seminar instructor for the Casualty Actuaries of the
Mid-Atlantic Region (CAMAR).
steve.lesser@hugginsactuarial.com
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Alan
M. Pakula ACAS, MAAA
Consulting Actuary
Alan M. Pakula is an Associate of
the Casualty Actuarial Society, and a Member of the American Academy of
Actuaries. He has served as a Managing Actuary at the New Jersey
Department of Banking and Insurance. Prior to that, he was an actuary for
the Reliance Insurance Company. Mr. Pakula has over 13 years of experience
in the actuarial field.
Mr. Pakula has been involved in
actuarial projects including:
- Insurance company and bureau rate
filings for private passenger auto, homeowners, medical malpractice
and personal umbrella lines of business
- Personal and commercial lines
reserving for all lines of business including international areas
- Large account pricing
specializing in the workers compensation, general liability and auto
liability lines
- Drafting insurance department
regulations in the homeowners and private passenger auto lines of
business for the New Jersey Department of Banking and Insurance
- Evaluation of effects of both
implemented and proposed legislative and regulatory changes
- Forecasting future cash-flow
patterns for planning purposes
- Advising a governor-appointed
committee charged with developing new systems of providing private
passenger automobile insurance in New Jersey
Mr. Pakula has worked not only on
consulting assignments in the United States, but has also been involved
with reserving projects in Canada and the United Kingdom.
Mr. Pakula holds a B.A. in
Mathematics and Economics from Franklin and Marshall College in Lancaster,
Pennsylvania.
610.892.1849
alan.pakula@hugginsactuarial.com
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James
A. (Jim) Hall, III
FCAS, MAAA, FCA
Consulting Actuary
Mr. Hall is a Fellow of the
Casualty Actuarial Society (CAS) and the Conference of Actuaries in Public
Practice, a Member of the American Academy of Actuaries (AAA), and the
International Actuarial Association. Mr. Hall has served as a partner of
Coopers & Lybrand (C&L), and as Managing Partner of that firm’s
US casualty actuarial and risk management consulting practice, which he
founded in 1979. He has 38 years of experience in the property-casualty
business, including 11 years with primary insurers, 6 years in reinsurance
and 23 years as an independent actuarial consultant.
Mr. Hall’s professional
experience includes:
- Commercial casualty
product management, including workers compensation, commercial auto
and general liability, and professional liability
- Personal lines product
development and regulatory compliance (rate and form filings with
state regulators)
- Reserve and
profitability studies in both a periodic financial reporting context,
and as part of due diligence in a merger-and-acquisition (M&A)
setting. With the tax and valuation specialists of C&L, Mr. Hall
developed a model of future cash flows to be used for valuation of
insurers or business segments for identifying depreciation benefits
available under Section 338 of the tax code. This model was used in a
number of significant M&A transactions.
- Specialty insurer design
and product development and on-going program management for a number
of programs created to meet extreme market needs, either as captive
insurance solutions or as for-profit insurers organized by and for
entrepreneurs. In the captive insurer context, this actuarial work was
initially presented as a feasibility study, and subsequent work
involved interaction with bankers, reinsurers, and ongoing
professional insurer management
- Transaction design,
including risk transfer testing under FAS 113 as employed by
regulators and financial reporting professionals
- Risk management analysis
for major clients
- Testimony as an expert
witness in disputed insurance matters subject to either regulatory or
civil procedures
Mr. Hall has served on
numerous industry groups such as statistical agent and state rate bureau
committees and pro-bono groups such as the Casualty Actuarial Society
examination committee and other CAS committees, and also served in the
organizing committee for the first several annual Casualty Loss Reserve
Seminars co-sponsored by the CAS and the AAA.
Mr. Hall earned his
Bachelor of Science in Mathematics from Loyola College in Baltimore.
802.865.4357
jim.hall@hugginsactuarial.com
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page.
Ja ne
C. Taylor FCAS, MAAA, JD
Consulting Actuary
Ms.
Taylor is a Fellow of the Casualty Actuarial Society (CAS) and a Member of
the American Academy of Actuaries (AAA). Ms.
Taylor’s experience includes responsibilities as a Senior Manager of
KPMG Peat Marwick, LLP, a Corporate Senior Vice President of Actuarial
Standards at the Reliance Insurance Group, and a Vice President with
Huggins Financial Services, Inc. She
has over 36 years of experience in the reinsurance and insurance industry
encompassing pricing and reserving for both primary and reinsurance
companies involving legal, medical, and accountant malpractice; financial
guaranty and other “specialty” coverages as well as the more standard
coverages. On the legal side, she
is also a Member of the American, Connecticut, and a New Jersey Bar
Associations.
Ms.
Taylor’s professional experience includes:
- Pricing
and reserving for primary companies including legal, medical, and
accountant malpractice; D&O and E&O; excess and umbrella;
financial and mortgage guaranty insurance; and the more standard
coverages
- Performing
FAS 113 / SSAP 62 risk transfer analyses for reinsurance contracts to
assure compliance with accounting requirements
- Pricing,
monitoring, and reserving treaty and facultative reinsurance on both
assumed and ceded business, including portfolio transfers,
commutations, and evaluating loss sensitive contracts
- Providing
litigation support for disputes involving insurance company litigants
- Conducting
the actuarial portion of triennial insurance department audits for
various insurance departments
- Analyzing
loss and loss expense reserves of multi-line property and casualty
companies as part of reserve certifications and as part of reinsurance
security analyses
- Supporting
merger and acquisition activities for a variety of insurance entities
including clients writing medical malpractice, reinsurance, excess and
surplus lines, and primary coverage
- Assisting
risk retention groups, captives, trust funds, and specialty insurers
in start-up operations including ratemaking, policy design, rating
protocol, reserves, and reinsurance needs
- Establishing
asbestos and environmental reserves for a major multi-line insurance
company and reviewing various environmental models
- Performing
claims audit work for non-insurance clients and establishing claims
administration procedures for specialty companies
Ms.
Taylor she has served terms on various committees designed to further the
respective professions; as the Chair for American Academy of Actuaries
Working Group on Risk Transfer Issues, a Director for the Board of
Directors of the Actuarial Education and Research Fund, and a Member for
the Syllabus Committee of the Casualty Actuarial Society, the Casualty
Loss Reserve Seminar Committee, the Casualty Ratemaking Committee, and the
American Bar Association Standing Committee on Legal Liability.
Ms.
Taylor holds a BS in Statistics from Virginia Polytechnic Institute and
State University, a MS in Statistics from Virginia Polytechnic Institute
and State University, and a JD from University of Connecticut School of
Law.
610.892.2858
jane.taylor@hugginsactuarial.com
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Melissa Houck ACAS,
CPA, MBA
Consulting Actuary
Melissa Houck is an Associate of the Casualty Actuarial
Society and a Certified Public Accountant. Prior to joining Huggins in
2005, Ms. Houck was an Actuarial Vice President at the United National
Insurance Company. Before that, Melissa was consulting actuary and manager
at Ernst & Young, LLP, a senior actuarial analyst in the PMA Group,
and a senior actuarial analyst in actuarial department of Cigna Corp. She
also has been an accountant with Cigna Corp and the United National
Insurance Company. Ms. Houck has over 18 years of experience in the
actuarial field.
Ms. Houck has been involved in actuarial consulting
projects including:
- Workers' Compensation, Medical Professional
Liability, General Liability, Auto Liability and Products Liability
- Homeowners and Commercial Package, Property and Auto
Physical Damage
- Asbestos & Environmental
- Retro premium
- Reinsurance structuring studies
- Size-of-loss analysis
- Preparation and forecasting of statutory reserve
development schedules
- Supervision and counseling of employees
- Worked directly with the following client types:
self-insured groups, State funds, multi-line insurance carriers,
captive and non-profit groups
Ms. Houck received a B.S. in Quantitative Business
Analysis from Pennsylvania State University, and also received a Masters
of Business Administration from Drexel University. Ms. Houck has also been
a Certified Public Accountant in Pennsylvania since 1986.
melissa.houck@hugginsactuarial.com
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Blaine Marles FCAS,
MAAA
Consulting Actuary
Blaine Marles is a Fellow of the Casualty Actuarial Society
and a Member of the American Academy of Actuaries. Prior to joining
Huggins, Mr. Marles served as a Vice President and Actuary at Harleysville
Insurance Companies. He has held various actuarial management positions at
Harleysville for over 25 years, and prior to that served as an Underwriter
and Actuarial Analyst for Harleysville. Mr. Marles has 28 years of
experience in the actuarial field.
Mr. Marles has extensive experience in various areas including:
- Loss reserving of all personal and commercial lines
- Appointed Actuary for several regional insurance companies
- Financial projections and modeling
- Financial reporting and measurement
- Automation of IBNR allocation process
- Strategic planning
- Product and business development
- Creating alternative actuarial tools to analyze claim data
Mr. Marles has been involved in various actuarial
associations. He has been a member of the NCCI Joint Pool Reserving
Committee, and a member of the Casualty Actuaries of the Mid-Atlantic
Region. Mr. Marles graduated with a Bachelor of Science in Mathematics at
Lehigh University in Bethlehem, Pennsylvania.
blaine.marles@hugginsactuarial.com
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Kim E. Piersol FCAS,
MAAA
Consulting Actuary
Mr. Piersol is a Fellow of the Casualty Actuarial Society
and a Member of the American Academy of Actuaries. Prior to joining
Huggins, he served as Senior Vice President & Chief Actuary for Crum
& Forester Insurance Companies. Prior to that he served as chief
actuary for CNA Insurance Companies, and was a consulting actuary for KPMG
LLP, Arthur Anderson LLP, and AIG Risk Management, Inc. He has over
thirty-seven years of experience in the actuarial field.
Mr. Piersol's professional experience includes:
- Providing reserving discipline during a distressed period and
assisted in an A.M. Best ratings upgrade during a period of
deteriorating market conditions
- Developing and implementing workers' compensation individual claim
simulation reserve projection models which greatly improve accuracy of
workers' compensation reserve projections from both a financial
reporting and pricing perspective
- Developing sophisticated price monitoring techniques for all lines
of business to ensure that pricing and reserving processes remain
"in-sync"
- Provided senior management a tool to ensure the reported results of
companies were consistent with the pricing of the business and
facilitated the production of profitable business
- Developing a terrorism exposure monitoring and management tool and
the establishment of underwriting guidelines that minimize corporate
exposure to a terrorist event
- Creating recall campaign accrual methodology for major auto
manufacturers using a simulation model based upon millions of service
call records along with auto disposition and warranty ownership data
- Performing captive feasibility studies for clients to solidify
market position and protect commission income
- Providing loss portfolio transfer due-diligence for reinsurance
company clients in runoff
- Leading property casualty valuation teams in due diligence
situations, including examinations of insurance companies, reinsurance
companies, captives, TPAs and insurance agencies
Mr. Piersol has served on CAS exam committee and
participated in presentations at CAS seminars. He has served on the
American Academy of Actuaries Environmental Liabilities Work Group, the
NAIC Technical Advisory Committee on Catastrophe Reserves, the Workers'
Compensation Reinsurance Bureau Actuarial Committee, and been a director
& treasurer of the Professional Liability Underwriting Society (PLUS).
He is also served on the Professional Liability Actuarial Subcommittee of
ISO. Mr. Piersol achieved his Bachelors of Science in Mathematics at
Furman University, Greenville, SC. He has also served as a 1st Lieutenant
in the United States Army Field Artillery.
610.892.1808
kim.piersol@hugginsactuarial.com
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Frank Sullivan
Ph.D.
Assistant Actuary
Dr. Sullivan is an Assistant Actuary who completed a
Ph.D. in the mathematics of dynamical systems. Prior to joining Huggins in
2007, Dr. Sullivan was a Senior Associate Actuary at the Highlands
Insurance Company. Before that, Frank was an Assistant Vice President at
Marsh and McLennan, and an Actuarial Consultant for the Insurance Services
Office (ISO). Frank has also been an Assistant Professor of Mathematics at
Fairleigh Dickinson University, and before that, at Pace University. Frank
has over 18 years of experience in the actuarial field.
Dr. Sullivan has been involved in actuarial consulting projects
including:
- Lines of business include general liability, workers compensation,
automobile liability, commercial multi-peril, homeowners, asbestos,
environmental and third party liabilities
- Quarterly reviews of a quarter billion dollars in property-casualty
liabilities
- Pricing and reserving analysis to self-insured clients and entities
- Involvement in various mass tort valuation studies
- Annual Schedule P preparation
- Research and development projects improving procedures for increased
limits ratemaking
- Expert user of Access, Excel and @RISK Monte Carlo simulation
software
Dr. Sullivan received a Ph.D. in Mathematics at the University of North
Carolina at Chapel Hill. He also received a Masters of Science in
Mathematics at the University of North Carolina at Chapel Hill. Frank
received his Bachelor of Arts in Mathematics at the State University of
New York at Albany. Frank has completed four CAS exams.
610.892.2808
frank.sullivan@hugginsactuarial.com
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David
Milliner MCP
Systems Administrator / Actuarial Technician
David Milliner is a Systems Administrator and Actuarial Technician
based in the firm’s Media PA office. Prior to joining Huggins Actuarial,
he was an Information Technology consultant and part owner of an
educational technology firm.
Mr. Milliner has been involved in actuarial consulting projects
including:
- Year-end/Quarterly reviews and ratemaking analyses for major medical
insurance carriers
- Proposal and engagement composing for actuarial business contracts
- Computer network architecture design and implementation
- Actuarial computer application improvements and training
- Network Administration and system security
Prior to entering actuarial consulting, Mr. Milliner was involved in
various areas of information technology consulting, and systems/network
consulting, along with Management and Marketing. He received his B.S.
Degree in Business at Loyola College in Maryland.
610.892.1824
dave.milliner@hugginsactuarial.com
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page.
Michelle
Smith
Actuarial Assistant
Ms. Smith has served as a senior actuarial analyst with
the property-casualty actuarial and risk management unit of Ernst &
Young, LLP. Prior to this, she held an actuarial consulting position at
Reliance Insurance Company. Ms. Smith has 17 years of experience in the
actuarial field.
Ms. Smith has extensive
experience in various areas including:
- Personal and commercial
loss and LAE reserving
- Special risk/large
accounts pricing
- Consulting for
non-domestic reinsurance firms
- Assisting in expert
testimony research for litigation support
- Insolvency cases
research for major firms
- Loss development pattern
research and analysis
- Quality control analysis
and implementation
- Audit Support
Ms. Smith holds a Bachelor
of Science Degree in Mathematics, with a minor in statistics, from the
Pennsylvania State University.
michelle.smith@hugginsactuarial.com
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Carolyn
Kuehn
Actuarial Technician
Carolyn Kuehn is an Actuarial Technician with Huggins Actuarial
Services, Inc ..
Prior to joining Huggins, she was a certified mathematics instructor in
secondary level public education with the Philadelphia County Pennsylvania
school system.
Ms. Kuehn has been involved in actuarial consulting projects including:
- Annual and quarterly reserve reviews
- Industry research, rate comparison calculations, and loss runs
- Board of Directors Meeting presentations, handouts, and reports
- Administrative/Office tasks and correspondence
- Drafting engagement/proposal letters and client mailings
Ms. Kuehn holds a Pennsylvania Instructional I Teaching
Certificate, Secondary Mathematics which she earned from the Drexel
University Graduate School of Education in
Philadelphia, PA. Ms. Kuehn also graduated with a Bachelors of Arts Degree
in Business Administration from Franklin & Marshall College in
Lancaster, PA.
610.892.5010
carolyn.kuehn@hugginsactuarial.com
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