Insurance Regulatory

Attorneys in JORDEN BURT's Insurance Regulatory Practice Team counsel clients on the various state insurance laws, regulations and regulatory pronouncements with respect to:

• the design and distribution of a variety of insurance products
• relationships among insurers and their producers, third party administrators, managing general agents, reinsurers and other service providers and
• the operations, investments and financial requirements of insurers, producers, third party administrators, managing general agents and reinsurers

With the increasing regulatory scrutiny and the focus on compliance and risk assessments, JORDEN BURT's attorneys have assisted insurers and insurance related entities by:

• conducting on-site internal investigations
• providing exposure analysis of various risks or of potential insurance law or regulation violation and
• developing strategies or options to effectively mitigate risks or address any violations

JORDEN BURT is a recognized leader in counseling financial institutions developing and marketing innovative financial products. Our services include advising clients with respect to structuring and designing:

• a wide variety of financial products for retail customers such as annuities, life insurance and various health insurance products
• a wide variety of institutional products such as stable value contracts and collateralized fund obligations
• employee benefit and other retirement products

Our regulatory services include advising clients with respect to:

• Insurance and financial product regulation, including policy drafting and regulatory approval
• Regulation of insurance marketing, sales and communication practices
• Regulation of producers, managing general agents and underwriters and reinsurance intermediaries and insurer's contracts with these entities
• Insurance licensing and expansion of authority
• State insurance filing and approval of various transactions, including assumption reinsurance or bulk reinsurance transactions, redomestications and Form A filings
• Holding Company Act compliance
• Solvency issues, including risk-based capital, reserve credit and SVO valuation issues
• Privacy, including HIPAA
• Responding to state regulatory inquiries as well as state enforcement actions and contested hearings
• Anti-money laundering