Milliman is a leading provider of property and casualty actuarial consulting services to state insurance departments and other insurance regulatory bodies. Our consultants have developed significant expertise in all P&C insurance lines throughout the major U.S. and international insurance markets. We have conducted numerous substantial assignments for commercial insurers, self-insurers, and various governmental insurance funds and plans.

Analyzing and consulting—offering expertise in all fields

The first-rate professionalism, expertise, and independence of Milliman’s consultants have earned us our reputation and credibility in the marketplace. We act as expert consultants to state insurance industry regulators, review rate filings, and assist in statutory financial examinations. Milliman consultants often are called upon to testify on the potential effect of proposed insurance legislation.

Advising on major legislative reform

Milliman provided expert advice regarding the expected financial impact underlying one state’s most significant workers compensation reform in decades. Our analysis considered the effect of major benefit changes as well as the elimination of a second injury fund. Our work was well received by all of the major stakeholders, including the Workers Compensation Board, the Insurance Department, labor and business representatives, and the state legislature. Milliman presented its results to the governor, who signed the recommended reform package into law.