Policies – Supervised switch from occurrence to claims made and transition of same with reinsurers and various state regulators.

Defended various policy changes including specific sexual activity exclusion, definition of “incident” etc, and pro­vided explanations for policy language to the company’s business groups.

Drafted Surplus Note and Loan Endorsement programs raising $80,000,000 for the company. Obtained ap­proval from various insurance regulators and no-action letters from state agencies responsible for securities regulation.

Rates – Worked with underwriting and actuarial departments on rate filings, and with agents, insureds, underwriters on rate questions on cancellations, reporting endorsements, and discriminatory practices

Agents – interpreted and enforced agency agreements. Worked with regulators regarding alleged unfair and deceptive insurance practices. Advised regarding cancellations, ownership of expiration, and brokerage issues.

Reinsurance – Created Retainer Cover Reinsurance Contract protecting against failure of defense counsel to perform per retainer agreement. Negotiated reinsurance treaties and made reinsurance renewal presentations to Lloyd’s syndicate members and underwriters in London.

Mergers & Acquisitions – Protective review for insurance agencies’ acquisitions including due diligence for master agent agreements, Form A hearings, strategic alliances and securing favorable tax ruling from occurrence to claims made policy forms and loss reserve deductibility.

External Professionals – Worked with regulators, certified public accountants and actuaries on audits, adequacy of loss reserves and compliance issues

Investments – Managed an investment portfolio in excess of $325 million in accordance with statutory requirements and the parameters of the Investment Committee of the Board of Directors.

Rating Agencies – Primary responsibility for filings and dealings with A.M. Best Company and other rating organizations.

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