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  • Advanced Insurance Management LLC   3230 South Harlem Avenue,  Suite 203   Riverside, IL 60546
  •  800-288-9256
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Expert Witness on Workers Compensation Insurance Premium Audits, Classifications, Experience Modifiers, and insurance agent professional standards
Edward J. Priz, CPCU, APA
President, Advanced Insurance Management LLC

Since 1983, Edward J. Priz, CPCU, APA,  has consulted on issues of Workers Compensation insurance prremiums, audits, classifications, experience modification factors, Retrospective Rating, large deductible policies, payroll audits, NCCI manual rules, and insurance agent/broker standards of care, in both federal and state courts, and in legal hearings before state insurance regulators.

He has served as a consulting witness to attorneys on such matters, and has testified in litigation and arbitration cases throughout the United States. He is a member of the Forensic Expert Witness Association, and currently serves as Vice-President of the Chicago chapter of that organization.

He has also consulted on the drafting of legislation pertaining to Workers Compensation insurance in Illinois, and has testified on insurance regulation before the Illinois legislature. He is the author of three books on the subject of Workers' Compensation insurance. His full CV is available here.

Other areas of expertise include NCCI classification rules, experience rating, NCCI rules and procedures, Retrospective Rating, Large Deductible policies, independent Workers Compensation rating bureau classifications and rules, Workers Compensation appeals, insurance agent errors and omissions, insurance auditor duties and errors, and NCCI inspections. 

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Mr. Priz has been retained as an expert witness by both plaintiffs and defendants to consult on matters in litigation, arbitration, and mediation that involve disputes over Workers' Compensation insurance classifications, audits, experience modification factors, commercial insurance coverage, and insurance agent standards of care.

Mr. Priz has been retained by policyholders, insurance agents and brokers, insurance companies, and a premium audit firm (that performs audits for insurers nationwide) as an expert witness in these fields, both as a consulting expert and as a testifying expert.

Mr. Priz has served as an expert witness in these areas in cases filed in federal and state courts and arbitrations in California, Colorado, Connecticut, Illinois, Virginia, Florida, Nebraska, New Jersey, New York, Colorado, Tennessee, Ohio, Louisiana, Mississippi, and Texas. Here is a listing of some attorneys Mr. Priz has worked with as an expert witness.

 

Mr. Priz has worked full-time in the insurance industry since 1976, and in his career has been a licensed insurance agent/broker, been Vice President of a major insurance agency/brokerage in Chicago, and, since 1983, a consultant on Workers Compensation insurance premiums, audits, classifications and related technical matters.

 

As a consultant, Mr. Priz has worked with clients both large and small throughout the United States regarding proper Workers Compensation audits, premiums, classifications, experience modification factors, and related technical matters. His consulting clients have included Caterpillar, Bridgestone Tire, Walsh Construction, and the San Francisco 49'ers professional football team, as well as numerous companies in manufacturing, construction, health services, non-profits, and the staffing industry.

Mr. Priz has also been retained as an expert by insurance companies and insurance agencies to provide expertise regarding Workers Compensation insurance audits and premium charges.  Mr. Priz has consulted with companies such as Fireman's Fund, Lloyds of London, Zurich American Insurance, Zenith Insurance, Great American Insurance, FCCI Insurance, and others.

Mr. Priz holds the professional designations Chartered Property Casualty Underwriter (CPCU) and
Associate in Premium Auditing (APA).

He is a member of the National Society of Insurance Premium Auditors, the National Society of Chartered Property Casualty Underwriters, and the Forensic Expert Witness Association.

He has served as a member of the Workers Compensation Committee of the Illinois State Chamber of Commerce, and authored chapter 22 of the Illinois Workers Compensation Manual published by the Illinois Chamber of Commerce.

He is the author of The Ultimate Guide to Workers Compensation Insurance, published in 2005 by Entrepreneur Press.

He is also the author of CompControl, published in 1995 (with a revised edition in 2001) by Oasis Press.

His most recent book is Workers Compensation: A Field Guide for Employers, published by BookSurge Publications in 2010.

“I hired Edward to consult on an audit case involving an NCCI classification dispute with the Ohio Bureau of Workers' Compensation. Edward conducted an onsite visit to our client, prepared an excellent report and appeared to offer testimony before BWC. He was extremely professional and gave compelling testimony that the Bureau could not refute. I would recommend Ed Priz for any employer needing expert analysis of its NCCI classification.” --April 24, 2009 recommendation on LinkedIn, by attorney Shane Dawson.

"I am happy to announce that the above case has settled on very favorable terms to (REDACTED) I very much appreciate your help. You were well researched, knowledgeable of the facts, and did a great job. Please let me know if you need a recommendation at any time and I would be glad to give it to you. Again, thank you so much for your help."--February 19, 2013 letter from attorney Craig F. Lowther.

Consultants on Workers Comp Classification Codes, Experience Modifiers, Payroll Audits, & More

 

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  • Advanced Insurance Management LLC
  • 3230 South Harlem Avenue,  Suite 203
  • Riverside, IL 60546
  • contact us:phone: 800-288-9256
  • e-mail:aim@cutcomp.com