Practice Areas & Industries: Duane Morris LLP

 




Insurance Company Insolvencies Return to Practice Areas & Industries

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Practice/Industry Group Overview

Given the depth of experience in the insolvency and bankruptcy law area, as well as the firm's comprehensive Insurance industry practice, it is only natural that the lawyers in the Business Reorganization and Financial Restructuring group would also handle insurance company rehabilitation and liquidation cases. Indeed, over the years, many of the nation's leading lenders, reinsurers and insurance guaranty associations and other parties-in-interests have turned to the firm for its counsel relating to some of our nation's largest and most significant insurance company insolvency proceedings, including Mutual Fire, Marine & Inland Insurance Company, Fidelity Mutual Life Insurance Company and Reliance Insurance Company.


 
 
Articles Authored by Lawyers at this office:

Report to NAIC on Captives: The Controversy About Principle-Based Reserves and Captives Continues
, April 01, 2014
The use by life insurance companies of captive reinsurance companies to finance XXX and AXXX reserves has been a significant and contentious issue in recent years. Some members of the National Association of Insurance Commissioners (the "NAIC") are deeply opposed to captive-based...