The Mitchell Williams insurance regulatory lawyers handle regulatory issues for insurance industry clients in all 50 states and D.C. Our sophisticated team is comprised of former senior regulators at state insurance departments, former in-house counsel at leading insurance companies and attorneys and staff that have extensive experience representing insurance industry clients. With their combined experience, in-depth knowledge and extensive relationships, they serve clients as trusted partners and business advisors constructing innovative strategies and solutions for insurance regulatory, legal and business matters.
We are actively engaged with the major insurance organizations and trade associations monitoring issues critical to the business of insurance. The National Association of Insurance Commissioners (NAIC) has become the single most influential body in determining the scope, content and direction of state regulation of insurance. Our insurance regulatory team has a significant physical presence at all NAIC national meetings and works on behalf of our insurance clients to monitor issues critical to the client’s business that are being considered at the NAIC. When necessary, we represent clients on specific issues being considered by NAIC Committees or subcommittees. We also work regularly with the major insurance trade associations, including the American Insurance Association (AIA), the Complex Insurance Claims Litigation Association (CICLA), the National Association of Mutual Insurance Companies (NAMIC), the Property Casualty Insurers Association of America (PCI), the American Council of Life Insurers (ACLI), the National Association of Professional Employer Organizations (NAPEO), the North American Pet Health Insurance Association (NAPHIA), the Consumer Credit Industry Association (CCIA), the Insured Retirement Institute (IRI) and MICA among others on the wide variety of issues affecting the business of insurance.
Our insurance regulatory lawyers serve clients as strategic counsel on a broad range of state insurance regulation and often works as outside general counsel on corporate and regulatory matters. Because of our extensive experience, our lawyers understand that the business of insurance is complex and consistently facies new challenges emerging from increasing regulations, market consolidations, technology innovations, data privacy and new competition. We represent Insurers, reinsurers and producers, accident and health insurers, HMO and managed care organizations, broker-dealers, captives, risk retention and purchasing groups, life insurance, annuities and variable products, property and casualty insurers, title insurance, travel insurance, service contract and extended warranty companies, MGAs/TPAs/adjusters, and provider organizations.
We counsel clients in a broad range of insurance, business and legal matters, including:
- Insurance company formations, state licensing and adding lines of authority
- Insurance company reorganizations, mergers and acquisitions
- Insurance insolvency
- Multistate market conduct examinations
- Regulation of intermediaries of insurers
- Corporate governance
- NAIC monitoring and representation
- NAIC solvency initiative
- Privacy and security compliance (HIPAA)
- Insurance product development
- Policy forms and rates filings in all states (SERFF and COMPACT)
- Holding company systems regulatory filings and compliance
- Medicare Advantage and managed Medicaid plans
- Affordable Care Act
- Research of laws of all insurance jurisdictions
- International compliance, guidance and investigations
- Anti-money laundering compliance
- OFAC compliance reviews
- State enforcement actions
- Financial Industry Regulatory Authority (FINRA) and Securities and Exchange Commission (SEC) matters
- Legislative advocacy
- Regulatory compliance, investigations and audits