Dealing with state insurance regulatory requirements in more than one state can complicate business objectives for insurance companies and agencies, especially those owned by, or affiliated with, a bank. Adapting your business practices to comply with these requirements is essential to minimizing risk and avoiding unnecessary government actions. From multistate licensing to expanding into new jurisdictions and product lines, clients rely on McIntyre & Lemon to assist them with the most challenging insurance laws, regulations, guidance, and industry best practices.
Our clients include bank-owned and bank-affiliated insurance agencies, InsurTech startups, insurance companies, third party administrators, managing general agents, surplus lines brokers, insurance consultants, insurance trade organizations, and credit card issuers partnering with insurance entities.
We regularly attend conferences and meetings of the National Association of Insurance Commissioners (NAIC), National Council of Insurance Legislators (NCOIL), and other industry trade associations to advocate on behalf of clients. This has enabled us to develop meaningful and extensive relationships with insurance regulators and better understand the legal issues affecting the insurance industry. Our attorneys regularly contribute to leading publications impacting the insurance industry, including authoring the American Bankers Association Handbook of Bank-Insurance Compliance and editing the treatise Insurance Activities of Banks (Wolters Kluwer).
We assist clients with:
In providing counsel, we routinely assist our clients in navigating the following categories of laws:
For more information on how we can help you navigate your regulatory and compliance challenges, contact us.