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The government authority in Delaware is seeking actuarial consulting services to support various statutory and regulatory responsibilities. Key tasks include reviewing and analyzing property and casualty rate and rule filings, specifically focusing on workers compensation loss reserves and discount rates. The selected vendor will be responsible for submitting updates to the department and managing direct communications with reporting companies.
Additional duties encompass conducting annual reviews of compensation rating bureau filings, providing written analyses, and delivering expert witness testimony as needed. The scope also includes reviewing captive insurance applications, performing captive annual financial reviews, evaluating accident and health rate filings, and offering expert opinions during public hearings or comment sessions. The selected firm may also be tasked with reviewing life and annuity form filings to ensure compliance and accuracy.
Analysis generated by Settle AI from the source RFP.
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