INSURANCE LAW

About Our Insurance Law Practice

We help insurers, reinsurers and brokers successfully operate in a highly regulated, competitive and always changing industry. We provide counsel to the insurance industry in transactional, regulatory and litigation matters, including:

• corporate and regulatory compliance
• business agreements
• general agency and claims administration agreements
• litigation
• program business
• due diligence
• insolvency
• liquidation
• fraud and conversion
• reinsurance
• licensing and bad faith

Our experienced attorneys offer a depth of sophisticated insurance experience unusual in a small firm environment. We provide comprehensive counseling, litigation, arbitration and transactional services to insurance companies, reinsurers and general agents and third-party claims administrators. Insurance and reinsurance companies rely on our experienced attorneys to protect their interests.

Regulatory/Compliance:

Our experienced attorneys provide insurance and reinsurance companies, agents, third-party claims administrators and brokers with the full gamut of regulatory compliance and company licensing services throughout the United States. We guide clients through:

• market conduct and other investigations
• company formation
• licensing throughout the 50 states
• acquisition and reorganization
• holding company requirements and limitations
• policy form and rate provisions
• investment limitations
• capital requirements and financial (risk-based capital) benchmarks
• insolvency and receivership proceedings

Litigation:

Wasser & Russ attorneys represent and defend insurance and reinsurance companies, agents, TPA’s and brokers in litigation claims against other insurers, reinsurers, agents, and/or claims administrators. We represent clients with claims such as:

• conversion
• accounting
• fraud
• breach of fiduciary duty and/or negligence in connection with the insurance business

Our insurance litigators arbitrate and try cases and handle appeals in federal and state courts throughout the United States.

Corporate & Transactional:

Wasser | Russ attorneys negotiate and document insurance transactions of all kinds, including those between and among insurers, reinsurers, agents and/or claims administrators. We also counsel insurers, reinsurers, agents and administrators regarding policy and claims administration, termination, run-off, liquidation, subrogation, and other financial risk management techniques. Wasser | Russ has the skills and experience to address the most sophisticated and sensitive insurance, transactional, litigation, arbitration matters and regulatory matters.