Corporations working in the insurance industry require a strategic and trusted approach to address their legal needs.
Taft’s attorneys understand the insurance industry from both a legal and business perspective. We handle all aspects of insurance regulatory, mergers, acquisitions and affiliations as well as corporate governance matters. We often serve as outside general counsel to our insurance clients. On a regular basis, we work with clients across the nation, providing support and guidance in matters involving intellectual property, privacy and data security, employment, employee benefits, general corporate, litigation and all other areas that may impact the insurance industry.
Taft’s insurance team is experienced servicing both the buyer and seller side. We have represented mutual insurance companies in non-merger affiliations and regulatory issues associated with such transactions and have provided counsel to businesses regarding private equity and debt financing.
Some of our industry-wide services include:
- Insurance company formations, state licensing, re-domestications and adding lines of authority.
- Reorganizations, mergers and acquisitions.
- Mutual insurance holding company formations.
- Mutual insurance company affiliations.
- Corporate governance.
- Audits of governance practices.
- Board evaluations and assessments.
- Board simulation exercises.
- CEO and board succession planning.
- Developing director on-boarding and orientation programs.
- Holding company systems regulatory filings and compliance.
- Insurance insolvency.
- NAIC monitoring.
- Trade associations.
- Privacy and security compliance.
- Assumption/novation reinsurance.
- Investment law issues.
- Agency licensing and examination issues.
- Holding company act compliance.
Our attorneys regularly speak at a national level in connection with matters facing the insurance industry. We also work closely with Taft affiliated businesses, specifically Taft Business Consulting and Ingardus, which are comprised of individuals with deep ties and experience to the insurance industry. They include former insurance company chief executive officers, chief financial officers and general counsels.