HONORS AND AWARDS

Attorneys with top rankings by:

    Chambers USA

    Best Lawyers in America

    Super Lawyers
 
 

Insurance Regulatory Law



Insurance is unique in the financial services industry in that most insurance products are largely, if not exclusively, regulated by the states, including the District of Columbia, and not by agencies of the federal government.  This diverse, yet comprehensive, regulatory scheme presents significant ongoing challenges for insurers and insurance related industries. 

Venable is well positioned to represent parties before state insurance regulatory bodies.  The firm has represented insurers in major regulatory and compliance matters, including issues involving the review and approval of transactions, extraordinary dividend distributions, rates, market conduct reviews, and consumer complaints.

The attorneys who practice in this area include a former state insurance commissioner and several lawyers who served in state Attorneys General Offices or United States Attorney’s Offices.

Representative matters:

  • Represented a major health insurer on corporate governance, organizational, and regulatory matters.
  • Represented a specialized professional liability insurer on a diverse range of issues, including rates and payment of extraordinary dividends.
  • Represented major national insurance carrier in connection with market conduct investigation.
  • Represented a variety of insurers in administrative hearings in actions brought by regulatory authorities and consumers.
  • Represented a major life insurer in connection with obtaining regulatory review and approval of transactions.

Staying on top of state insurance rules and regulations can be a daunting challenge for insurance companies. Venable understands the difficulties insurers face – and can successfully navigate the regulatory maze.