The defendants in a fraudulent conveyance action brought by the trustee of a bankrupt hospital retained CRA to prepare solvency analysis. The trustee attempted to recover loans that were made before the hospital entered bankruptcy, but both the bankruptcy court and district court ruled the hospital was solvent. CRA’s expert ultimately demonstrated that the hospital was solvent, and The Seventh Circuit Court reversed the bankruptcy and district court decisions.
Expert suggests AI ‘broadening’ actuarial mindset in insurance
In an article published by InsuranceNewsNet, CRA senior consultant David Sandberg highlights that AI is driving increased efficiency, a greater focus on...