Specifications include, but are not limited to: The OAG wishes to engage contractors to advise the OAG attorneys, after review of certain insurance
rate and rate-related filings that have been submitted to the Maryland Insurance Administration, regarding
the impact of the filings on consumers to determine whether the filings are excessive, inadequate or
unfairly discriminatory. Contractor(s) must be able to communicate complex actuarial analysis and
conclusions in lay terms. Contractors may be required to provide testimony and supporting documents at
administrative and court hearings to support their analyses of rate filings.
More than one contractor may be selected as a result of this solicitation according to contractor’s actuarial
expertise in the areas of homeowners insurance, medical professional liability insurance, Maryland
insurance laws and insurance regulatory practices, catastrophe modeling, generalized linear modeling, etc.
This RFP is not a guarantee of work.
Work will be assigned to awardees based on 1) contractor conflicts; 2) review history (i.e. contractor
having previously reviewed filing from a certain insurer; and 3) availability.