Purchase, Sale & Reorganization
\Our attorneys’ skills have been used in a variety of settings, including the sale and acquisition of insurers and insurance producers, protection of major insurers from hostile takeover bids, the spin-off of insurance company subsidiaries to the public, and the merger of domestic and non-domestic insurance companies, agents and brokers.
Our attorneys have substantial experience advising clients as to statutory requirements imposed under Insurance Holding Company System Regulatory Acts. Because of our extensive experience working with regulators, our insurance regulatory attorneys are uniquely qualified to advise clients with respect to both the “published,” as well as the “unpublished,” rules and regulations applicable to transactions requiring regulatory approval. We also have extensive experience representing and advising insurers in bulk reinsurance matters, assumption reinsurance transactions and related novation matters, loss portfolio transactions, commutation proposals, and similar sales and transfers of assets, as well as the regulatory approval requirements applicable to all such transactions.
Barger & Wolen LLP’s attorneys also represent clients before insurance regulatory authorities in connection with all transactions that require approval. Such representation includes participation with the client in informal meetings with Department of Insurance staff, as well as more formal meetings and negotiations to discuss and resolve any issues that might arise during the transaction review process.