Russell v. Allianze Life Ins. Co. of N.A.

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January 8, 2015

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6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
contract
lost profits, daubert, discount rate, admissibility, reliability, projections, comparable
Russell v. Allianze Life Ins. Co. of N.A.
2015 U.S. Dist. LEXIS 1946
US
Federal Court
Mississippi
United States District Court
Robert Vance (plaintiff); N/A (defendant)
Brown

Summary

Court excludes lost profits analysis under Daubert where expert calculates value of plaintiff’s book of business without documenting comparables, verifying plaintiff’s claims as to number of lost clients, and employing objective work-life expectancy data.
Russell v. Allianze Life Insurance Co. of North America
PDF, Size: 199 KB

See Also

Expert’s Failure to Adhere to Objective Standard Spoils Analysis

Legal and Court Case Update
April 2015

Court excludes lost profits analysis under Daubert where expert calculates value of plaintiff’s book of business without documenting comparables, verifying plaintiff’s claims as to number of lost clients, and employing objective work-life expectancy data.

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition