Raymond W Wills, AIC

Specialties & Experience of this Expert Witness

Additional Information

Raymond Wills began his insurance career in 1976. He is an insurance professional with a vast knowledge base and extensive command of the insurance industry that has included workers’ compensation, general liability, product liability, professional liability and run-off claims. He was formerly a member of a risk management and consulting firm that provided third party administration for a self-insured workers’ compensation pool which was able to obtain an A.M. Best rating of (A-) that may have been the only pooling arrangement in the United States with such a rating. As a Risk Manager, Consultant and Expert Witness, Mr. Wills has performed extensive insurance program reviews and claim audits on a national basis, with testimony provided when required, for clients pertaining to various issues that have included, but were not limited to: • Premium disputes and monetary damages sustained by the insured/employer related to retrospective, deductible and guaranteed cost insurance programs as a result of improper and unreasonable claim handling of workers’ compensation claims by insurance carriers. • The negative impact and resulting monetary damages that improper and unreasonable claim handling by an insurance carrier can have on the insured/employer’s Experience Modification Factor and premium development in a guaranteed cost, assigned risk, deductible and retrospectively rated insurance programs. • Best Practices as it relates to claim management, claim investigation, claim litigation, claim handling, claim reserving and claim resolution. • Experience Modification Analysis • Policy, Contract and Collateral Analysis • Loss Summary Reports • Claim Investigation • Litigation Management • Reserving of Claim Liabilities • Medical Cost Containment • Return to Work Programs Mr. Wills has worked with executives of private industry in assisting them with insurance related issues that have confronted their companies. He has performed over 45 insurance program reviews and claim audits on a national basis involving guaranteed cost, assigned risk, deductible and retrospectively rated programs with comprehensive reports prepared outlining the findings, issues, and monetary damages sustained by the insured/employer due to carrier improprieties. He has provided expert testimony in both Federal and State Court in numerous court proceedings. Through his efforts, he has been able to assist clients recover over $33,000,000 (See Litigated Cases at caapasco.net).