INSURANCE REGULATORY AND CORPORATE GROUP

The Insurance Regulatory and Corporate Group provides a full range of consulting and legal services tailored to assist all facets of the insurance industry navigating through the state-based regulatory system. Combined with the class action expertise of the Corporate Litigation Group, NLdH assists clients in avoiding class action exposure through proactive review and advice on key compliance issues.

The Regulatory and Corporate Practice Group provides the following services:

• Compliance advice on all regulatory issues, including marketing, claims, underwriting/rating, privacy, producer licensing and compensation.
• Evaluation and development of compliance policies, procedures and programs.
• Product development, evaluation and approvals.
• Market Conduct exam counseling and defense.
• Development and performance of compliance audits.
• Advice in implementing new legislative requirements.
• Advice concerning producer/broker relationships and licensing.
• Surplus lines market - authorizations and advice on regulatory issues.
• Corporate governance
• Rate and form approvals.
• Representation in administrative proceedings, including rate hearings and enforcement matters.
• Evaluation of regulatory and legal risks of third-party vendor relationships.
• Entity formation and licensing.
• Regulatory approvals of acquisitions, mergers and redomestications.
• Consulting services related to bad faith avoidance.
• Advice and counsel to special investigative units.

NLdH maintains relationships with insurance regulators across the country through the firm's involvement with the National Association of Insurance Commissioners, the Insurance Regulatory Examiners Society, the IRES Foundation, and other regulatory and insurance organizations.

Please contact Sue Stead in the Columbus office for additional information.