Regulatory Consulting

At Hammock & Associates CPA, we are used to addressing the challenges of complex industry issues. With our varied regulatory experiences, our core team offers more than 150 years of cumulative experience in the insurance industry, including life, health, property and casualty. Also, we have expert  knowledge in unique areas, such as insurance dealing with viatical settlements and improper reporting by insurers to regulatory organizations. Our ability to work with company representatives and regulators is part of our desire to be in tune with current industry developments.  Our experts can assist you with:

  • NAIC risk-based examinations from a vantage point of balancing the true risk of the enterprise to the tightening economics that all insurers and businesses alike are facing with present economic conditions
  • Statutory accounting consultations, including matters dealing with reinsurance, loss reserves, investments, and risk based capital, just to name a few
  • Project team development that can assist with specialty areas, such as policy admin system implementations, especially those aspects dealing with integration of accounting and finance issues of insurance companies
  • Analysis of claims processing and submission of claims, including reporting to catastrophe funds, Medicaid and Medicare, and other organizations with oversight responsibilities
  • Performance of operational reviews of governmental and quasi-governmental entities, including guarantee associations and joint underwriting associations
  • Complex data analysis involving large data sets and obtaining necessary information as part of a state regulatory examination, indepedent audit or that may pertain to fraud or other forensic analysis

To speak with a CPA about financial statement preparation and assurance, call our Jacksonville office at 904-281-0080.