Keeping up with insurance regulatory and compliance laws can make restructuring or solving disputes challenging, given the ever-changing legal landscape. Given the various state and federal insurance regulations, staying informed of recent changes in licensing is essential but cumbersome when trying to keep on top of the daily demands of running a business.
At Mette Law, our experience in regulatory, transactional, and administrative matters ensures that your business will maintain the highest legal and ethical standards. Contact our insurance and business law attorneys in Harrisburg, PA, if you have any questions regarding your company’s insurance compliance.
Regulatory Services We Offer
At Mette Law, our insurance regulatory services ensure you are equipped with the information you need to comply with federal and state regulations. Our clients range from insurance companies, insurance agencies, and insurance producers. Our Harrisburg insurance regulatory lawyer is proud to offer the following services:
- Acting as counsel to insurers and agencies regarding entity acquisitions
- Obtaining Form D approvals for affiliate transactions
- Representing licensees in examination and enforcement
- Setting up licensure for risk purchasing groups
- Facilitating mutual insurance transactions, conversions, and affiliations
Pennsylvania Office of Market Regulation
The Office of Market Regulation under the Pennsylvania Department of Insurance ensures that insurance companies comply with federal and state laws. They conduct investigations, follow up on complaints, and audit any insurance company, agency, or producer that violates Pennsylvania insurance laws or statutes.
The department aggressively pursues regulatory and enforcement actions, even when the accusations may be unjustified. We represent licensees in examinations and enforcement, helping to resolve underlying issues to allow enforcement actions to be withdrawn.
Mergers, Acquisitions & Restructuring
Acquisitions are becoming more common today, whether due to a company’s desire for growth, diversity, or tax benefits. Acquiring another company is a delicate process that thoroughly examines each business’s core values and potential integration challenges.
Both state and federal regulations must be followed to the letter to ensure successful integration. With our experience in entity acquisitions, you can be sure that we will perform our due diligence to determine potential regulatory risks and develop practical solutions.
When to Hire an Insurance Regulatory Lawyer
Our regulatory insurance attorneys are experienced in mergers, acquisitions, and other transactional matters, including, but not limited to:
- Forming and licensing an insurance company
- Moving an insurance company’s primary location from one state to another (re-domestication)
- Resolving disputes between the Pennsylvania Insurance Department and other governmental agencies
- Acquiring another company or restructuring your current company
- Assisting in rehabilitation (returning a company to solvency) or liquidation (distributing assets for the benefit of policyholders) if a company cannot pay out claims. If the company is liquidated, an insurance regulatory attorney will follow through to ensure the debt is discharged with the bankruptcy court
Speak with Our Insurance Regulatory Lawyers Today
Insurance matters are rarely resolved quickly, but with knowledgeable counsel, you can rest assured that your business dealings will be done right. At Mette Law, our insurance practice has increased nationally, allowing us to help corporations obtain regulatory approvals, assist in holding company filings, and successfully represent clients regarding claims of market conduct violations.
If you need assistance in a regulatory, transactional, or administrative matter, do not hesitate to contact our business law attorneys as soon as possible. To arrange your consultation, contact us online or call (717) 232-5000.