Dan Krane is a partner in the firm's Corporate and Securities Group, and concentrates his practice on corporate, transactional and regulatory matters for insurance, financial services and health care clients.
Insurance. Dan's insurance practice focuses on corporate, transactional and regulatory issues affecting insurance companies, captive insurers, insurance agencies, TPAs, Blue Cross/Blue Shield entities, HMOs, PPOs, risk-assuming health provider networks, and various ventures that assume insurance risk. He has extensive experience in business formations, mergers and acquisitions, redomestications, holding company transactions, reinsurance transactions, product design and distribution, regulatory examinations and investigations and rehabilitation and insolvency proceedings. Dan has represented insurance regulators in connection with conversions of Blue Cross/Blue Shield entities, and mutual insurers in connection with demutualizations.
Financial Services. His financial services practice centers on the interplay between insurance, banking and securities activities. Dan's clients include insurance conglomerates, financial institutions, mutual funds, issuers of variable life insurance and annuity products, and various financial intermediaries. He has handled formation and operation of bank-owned insurance companies and agencies, creation of bank-agency and bank-insurer joint ventures, development of separate account products, review of direct marketing programs, including Internet sales of financial and insurance products, and establishment of compliance programs.
Health Care. Dan has advised clients in health care transactions including joint ventures, integrated delivery systems, risk-assuming provider networks, hospital-physician ventures, and compliance. He has particular experience in the application of insurance laws to health care risk arrangements, and federal and state anti-kickback and anti-referral issues.
In General. While in law school, Dan was elected to the Order of the Barristers.
He is a member of the American Bar Association, Pennsylvania Bar Association, New Jersey Bar Association, Philadelphia Bar Association, Financial Institutions Insurance Association, American Health Lawyers Association, and other professional and trade associations. Dan is active in the National Association of Insurance Commissioners, and has presented before NAIC working groups on various topics. Dan is the past chair of the Financial Services Integration Committee of the ABA Tort and Insurance Practice Section, the Insurance Committee of the Business Section of the Philadelphia Bar Association, the Financially Distressed Health Organizations Committee, the Managed Care Committee of the New Jersey Bar Association Health and Hospital Law Section, and currently serves as an adjunct faculty member at the Rutgers School of Law for an advanced insurance course. Dan has been active on committees and task forces involved with drafting insurance, financial services and health care laws, and frequently writes and lectures on these topics.
Publications
5/20/2010, "Replacement of Insurance Products"
Kirsch Treatise: Variable Annuities & Variable Life Insurance Regulation
Daniel Krane, Elizabeth Diffley
9/1/2009, Reinsurance Modernization - A New World
Reinsurance News
Daniel Krane, Elizabeth Diffley
8/11/2009, Ten Things to Know About TALF
Financial Services Update
Daniel Krane, Jennifer Card
6/16/2009, CMS Extends Registration Period for Liability Insurers, No Fault Insurers and Workers' Compensation until September 30, 2009
Medicare Alert
Daniel Krane, Kristy Hlavenka
5/26/2009, Update On Credit Default Swaps
Corporate Insurance and Financial Services Alert
Daniel Krane, Eirik Tellefsen
4/27/2009, New Mandatory Medicare Secondary Payer Reporting Rules Imminent
Medicare Alert
Daniel Krane, Kristy Hlavenka
4/10/2009, Ongoing Developments in Reinsurance Modernization
Reinsurance Alert
Daniel Krane
1/30/2009, NAIC Rejects Capital and Surplus Relief for Life Insurers
Corporate Insurance Alert
Daniel Krane
1/7/2009, NAIC To Hold Public Hearing About Capital And Surplus Relief
Insurance Alert
Daniel Krane
10/1/2008, Fed Announces New Program to Buy Commercial Paper
Corporate Alert
Daniel Krane
6/5/2007, Replacement of Insurance Products
Kirsch Variable Annuities & Variable Life
Daniel Krane
10/17/2003, Insurance Alert: NAIC Adopts Suitability Model for Annuities Sales to Seniors
Daniel Krane
12/19/2002, Insurance Alert - Terrorism Risk Insurance Act of 2002
Daniel Krane
10/8/2002, Insurance Alert - USA Patriot Act Proposed Rule Requires Insurers Establish Anti-Money Laundering Programs
Daniel Krane
5/14/2002, Sword or Shield - The NAIC's Proposed Life Insurance and Annuity Suitability Model Act and Regulation
Daniel Krane
1/31/2000, The Gramm-Leach-Bliley Act An Overview Of Select Provisions
Daniel Krane
8/1/1999, Episodes of Care: A Legal Framework
Daniel Krane
7/30/1998, Episodes of Care - the New Frontier
Daniel Krane
Speaking Engagements
7/21/2010, Pennsylvania Bar Institute CLE
"Understanding Damages and Indemnities in Commercial Contracts"
William Clark, Daniel Krane, Philadelphia, Allentown, Pittsburgh, PA
4/1/2007, Pennsylvania Bar Institute
"Regulatory Issues for Litigators"
Daniel Krane, Philadelphia, PA
4/25/2006, Pennsylvania Bar Institute
"Insolvency and Rehabilitation: New Concepts and Developments Involving the Insurer Receivership Model Act and Long-Term Care Insurance Contracts"
Daniel Krane, Philadelphia, PA
7/21/2005, Pennsylvania Bar Institute
"Reinsurance Cut Throughs in Pennsylvania Liquidation Proceedings"
Daniel Krane, Philadelphia, PA
10/14/2004, Long-Term Care Insurance Summit
"Legal and Structural Issues for Companies in the Zone of Insolvency"
Daniel Krane, Chicago, IL
8/25/2004, Pennsylvania Bar Institute
"Attorney-Client Privilege - Current Issues for Business Lawyers"
Daniel Krane, Philadelphia, PA
8/25/2004, Pennsylvania Bar Institute
"The Decline of Confidentiality for the Corporate Attorney"
Daniel Krane, Philadelphia, PA
4/27/2004, Pennsylvania Bar Institute
"State Suitability Requirements for Insurance Products"
Daniel Krane, Philadelphia, PA
12/2/2003, National Business Institute Seminar on HIPAA Security Standards "Essentials for Safeguarding Personal Health Information Using The HIPAA Security Standards"
Daniel Krane, Timothy O'Driscoll, Wilmington, DE
12/1/2003, National Business Institute
"Essentials for Safeguarding Personal Health - HIPAA Security Standards"
Daniel Krane, Wilmington, DE
11/12/2003, Institute for Paralegal Education Seminar on Complying with HIPAA Privacy Standards
"Complying with the New HIPAA Privacy Standards: What Pennsylvania Paralegals Need to Know"
Daniel Krane, Stephen Serfass, Philadelphia, PA
11/1/2003, Institute for Paralegal Education
"Compliance with and Enforcement of the HIPAA Privacy Rule"
Daniel Krane, Philadelphia, PA
10/1/2003, Rutgers Camden School of Law (Guest Speaker)
"Alternative Financing Arrangements"
Daniel Krane, Camden, NJ