Workers’ Compensation/Insurance

Raymond Wills began his insurance career in 1976. He is an insurance professional with a vast knowledge base and command of the insurance industry. Raymond Wills has performed over 45 insurance program reviews and claim audits related to workers’ compensation on a national basis with extensive reports prepared outlining the findings, issues, and monetary damages sustained by the insured/employer due to carrier improprieties. Raymond Wills has provided testimony in Federal and State court and, through his efforts, has been able to assist clients recover over $33,000,000 (See Litigated Cases at caapasco.net).

Raymond Wills was formerly a member of a risk management and consulting firm that provided third party administration for a self-insured workers’ compensation pool that was able to obtain an A.M. Best rating of (A-) and may have been the only pooling arrangement in the United States with such a rating. Raymond Wills has degrees in both Finance and Criminal Justice from the University of Illinois, is AIC certified and previously held a casualty broker’s license.

Various issues 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
• Workers’ Compensation/Insurance
• Retrospective, Deductible and Guaranteed Cost Policies
• Premium Dispute
• Collateral Requirements
• Experience Modification Factor