Jack has over twenty-five years experience in the insurance and reinsurance industry, including service as U.S. regulatory counsel and tax advisor for numerous overseas insurers in Bermuda, England, Finland, France, Germany and Switzerland.
He is a member of various advisory committees to the National Association of Insurance Commissioners and state insurance departments and has testified at hearings on National Association of Insurance Commissioners Model Acts and proposed state insurance regulations.
Jack is listed in the current edition of the Legal Media Group Guides to the World's Leading Lawyers guide to leading Insurance and Reinsurance Lawyers. The listing for this publication is based on a thorough and independent research process. Jack has also been awarded an "AV" Rating in the Martindale-Hubbell Law Directory. The "AV" is the highest rating honored by Martindale-Hubbell and identifies a lawyer with very high to pre-eminent legal ability. The rating is a reflection of Jack's expertise, experience, integrity and overall professional excellence.
Notable Experience
· Jack has assisted in the development of insurance legislation in several states and can point to significant regulatory achievements on behalf of his clients, including recognition of the ILU for reinsurance accreditation and surplus lines approval.
· Jack serves as a legal advisor to many sectors of the financial services industry, particularly in the areas of surplus lines, reinsurance trusts and letters of credit.
Recent Speaking Engagements and Publications
Jack has appeared as a guest lecturer and panelist on insurance and reinsurance matters at national and international insurance conferences and workshops. In addition, Jack is the author of several articles and law treatises, which focus on excess and surplus lines insurance, including:
· "Insurance Policy in the (E-) Mail," Business Insurance, March 14, 2011.
· "NRRA Stokes Debate Over Federal Regulation of Insurance as States Feel the Heat," Insurance Insider, March 2011.
· ¿Seguro? Opportunities and Risks for (Re)Insurers in Latin America in 2010 and Beyond, speaker, webinar presented by Edwards Wildman Palmer LLP, February 23, 2010.
· "The New Regulatory Order," co-author, Edwards Wildman Palmer Insurance and Reinsurance Review, June 2009.
· "Current Developments in US Regulation," speaker, Edwards Wildman Palmer Insurance Market Annual Review Seminar (London): A Year of Turmoil - Strategies for a Brave New World and Current Developments in US Regulation, London, United Kingdom, March 25, 2009.
· "Embracing the Americas," Reinsurance Magazine, January/February 2009.
· "Overseas Insurers: The Regulations They Face and the Implications for You," Risk Management, January/February 2009
· "(Re)emerging Mercados: Significant Recent Developments in the Latin American Insurance and Reinsurance Markets," co-speaker, webinar presented by Edwards Wildman Palmer, January 21, 2009.
· "Regulation of non-US insurance entities transacting business in the US," co-speaker, Edwards Wildman Palmer's Autumn Breakfast Workshop Series 2008, London, United Kingdom, September 30, 2008.
· "Reinsurance Regulatory Road Map is Under Review," Best's Review, September 2003.
· "U.S. Market too Important to be Abandoned," Reaction's Magazine, September 2003.
· "The SMART ACT: A Sea Change for Surplus Lines But Inconsistencies Remain," The Standard, New England's Insurance Weekly, April 15, 2005.
· "Will Surplus Lines Insurers Survive Tide of Federal Regulation?" The Standard, New England's Insurance Weekly, April 14, 2006.
· Beyond Bluster," co-author, The Review (Outlining Reforms to Florida's Hurricane Legislation), March 2007.
In addition, Jack is a regular contributor to the firm's Insurance and Reinsurance Update.
News & Publications
June 2011, NRRA Stokes Debate Over Federal Regulation of Insurance as States Feel the Heat
March 21, 2011, In Insurance Insider, Jack Dearie Examines Prospective Federal Regulation of the US Surplus Lines Insurance Industry
August 13, 2010, New Faces for EAPD's Latin American Practice
August 12, 2010,
Latin American Practice Publishes Second Edition of Regulatory Update
April 20, 2010, EAPD's Surplus Lines Manual Annual Update Now Available Online
January 1, 2010 - March 31, 2010, EAPD Launches Latin American (Re)insurance Regulatory Update Service
September 18, 2009, 'Guide to the World's Leading Insurance & Reinsurance Lawyers' Lists 13 EAPD Attorneys (US, UK and Hong Kong)
August 27, 2009, Opportunities in the U.S.A. for Overseas Insurers
el Dial
June 2009, Insurance and Reinsurance Review - June 2009
January/February 2009, Overseas Insurers
Risk Management Magazine
June 2008, Insurance and Reinsurance Review - June 2008
February 1, 2007, Client Advisory - Hurricane Bill To Have Dramatic Impact On Florida Insurance Market
Regulatory Update
Edwards Angell Palmer & Dodge LLP
September 1, 2006, Insurance and Reinsurance Update - September 2006
Edwards Angell Palmer & Dodge LLP
March 1, 2006, Insurance and Reinsurance Update - March 2006
Edwards Angell Palmer & Dodge LLP
March 1, 2005, Insurance & Reinsurance Update - March 2005
Edwards & Angell
September 1, 2004, Insurance & Reinsurance Update - Fall 2004
Edwards & Angell, LLP
January 1, 2004, Excess and Surplus Lines Manual
Besides Edwards Wildman
Jack lives in Darien, Connecticut, with his wife and two daughters and is an avid golfer and tennis player.
Events
February 23, 2010, ¿Seguro? Opportunities and Risks for (Re)Insurers in Latin America in 2010 and Beyond
March 25, 2009, Edwards Angell Palmer & Dodge Insurance Market Annual Review Seminar (London)
A Year of Turmoil - Strategies for a Brave New World and Current Developments in US Regulation
January 21, 2009, (Re)emerging Mercados: Significant Recent Developments in the Latin American Insurance and Reinsurance Markets
September 30, 2008, Regulation of non-US insurance entities transacting business in the US
Edwards Angell Palmer & Dodge LLP's Autumn Breakfast Workshop Series 2008
Industries
· Admiralty & Maritime Law
Memberships
· American Bar Association, Tort and Insurance Practice Section (TIPS)
· New York State Bar Association