Munoz

1 UNITED STATES DISTRICT COURT 2 FOR THE EASTERN DISTRICT OF CALIFORNIA 3 EFRAIN MUNOZ, individually and on 4 behalf of all others similarly situated, 5 et al., No. 1:08-cv-00759-MMB-BAM 6 7 Plaintiffs, ORDER RESPECTING 8 MOTION TO EXCLUDE 9 v. EXPERT TESTIMONY OF 10 DR. ROBERT E. HOYT 11 PHH MORTGAGE CORPORATION, 12 et al., 13 14 Defendants. 15 Defendants move (ECF 571) to exclude the testimony of Dr. Robert E. 16 Hoyt, whom Plaintiffs offer as an expert on insurance, reinsurance, insurance 17 economics, and risk management to establish their Article III standing. He 18 opines that “the captive reinsurance agreements utilized by Defendants which 19 do not involve a real risk transfer simply increased transaction costs and in 20 turn the premiums paid by PMI buyers (borrowers/Class Members).” ECF 21 571-2, at 6 ¶ 17 (footnote omitted). 22 Defendants contend that Hoyt’s testimony is based on improper assump- 23 tions, see ECF 571, at 10–18, and that it…