Doak Foster

Member

Bar Admissions: Arkansas, District of Columbia

Education

B.A., Tulane University, 1972
J.D., Tulane University, 1974
Admitted to practice in Arkansas 1974; D.C. 2003

Professional Experience

Counsel to insurance companies, insurance producers, third party administrators, and all types of insurance related entities in regard to insurance corporate and regulatory matters for all lines of business. Subject matters include insurer formation, insurer admission to do business in all states, adding lines of authority and obtaining surplus lines or reinsurance only authority, acquisitions, mergers and redomestications of insurance companies, demutualizations, mutual holding company transactions, assumption reinsurance transactions and representation before insurance regulatory authorities for these and other purposes. Advice and assistance regarding regulatory compliance matters for all lines of business, including holding company issues, regulatory enforcement proceedings and market conduct examinations. Policy form drafting and filing for approval. Formation of risk retention groups, purchasing groups and other alternative risk mechanisms.

Other Activities

Served as Chief Counsel and Deputy Commissioner of the Arkansas Insurance Department; Federation of Regulatory Counsel, Member; American Society of Chartered Life Underwriters, Member.