The legal landscape affecting the insurance industry is constantly changing due to:
- the lingering effects of the financial crisis;
- technological advances and corresponding risk exposures;
- ever-evolving case law arising from class action coverage and bad faith claims; and
- ongoing changes to insurance regulations and their interpretation by state, federal and international insurance regulatory agencies.
Insurance companies must prepare for compliance with numerous operational and regulatory changes that are being implemented by states under the NAIC’s Solvency Modernization Initiative as well as ongoing federal and international regulatory initiatives. The continuing evolution of Patient Protection and Affordable Care Act implementation poses new requirements for insurers. Insurers and intermediaries must also shape their business strategies to address the insurance and reinsurance provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
As Saul Ewing’s insurance industry clients face these and many other challenges, the firm’s insurance attorneys regularly share their insights, helping clients prepare for and manage change. In fact, prior to joining Saul Ewing, many of the firm’s insurance attorneys gained valuable experience by working for insurance companies, insurance industry intermediaries or in government as insurance regulators. This experience positions the firm to handle a broad range of needs from high-stakes insurance litigation, including class action and bad faith claims and arbitration, to cutting-edge regulatory matters and significant insurance transactions. When insurers want to change their organizational structure, introduce new products, expand into new markets, Saul Ewing attorneys have the knowledge to support and guide them on the related legal issues.
Saul Ewing’s insurance team has experience advising:
- Insurance producers and other insurance industry intermediaries and participants
- Businesses with risk-assumption and risk-transfer undertakings
The sharing economy presents certain risks for insurers and their insureds, from gaps in coverage and increased risk of loss to pricing challenges.
A discussion of wearable technology and opportunities it provides for the insurance industry. Click here to learn more.
The “internet of things” facilitates real-time data sharing between insurance companies and their policyholders
Insurance Litigation and Arbitration
Cybersecurity and Privacy
Regulatory, Compliance and Government
Labor and Employment
The group includes attorneys who have been named to the following lists:
- Benchmark Litigation - State Litigation Star in Pennsylvania and Maryland
Benchmark Litigation employs researchers who conduct interviews with litigators and their clients, examine recent casework handled by law firms and ask individual litigators to offer their professional opinions on peers.
- Super Lawyers
- The Best Lawyers in America list, Insurance Law
Inclusion in Best Lawyers is based entirely on peer review, employing a sophisticated, conscientious, rational, and transparent survey process designed to elicit meaningful and substantive evaluations of the quality of legal services.
- Chambers USA
- Federation of Regulatory Counsel
- Risk and Insurance Management Society
- Association of Insurance Compliance Professionals
- American College of Coverage and Extra-Contractual Counsel
- ARIAS- U.S.
- University Risk Management and Insurance Association
- Association of Insurance and Reinsurance Run-off Companies (AIRROC)