Regulatory Compliance

Foley's Insurance attorneys advise and counsel insurance and reinsurance industry clients regarding their compliance with applicable state and federal regulations.
We will assist you with understanding applicable state and federal regulations and in your compliance efforts, and also can help you conduct internal and external investigations and manage disputed cases involving alleged regulatory violations.
Our knowledge of the regulatory landscape and our positive working relationships with state insurance departments and the relevant federal agencies (including the U.S. Departments of the Treasury and Commerce) enable us to provide you with effective, business-savvy advice on: solvency and capital requirements; credit for reinsurance; PPACA limitations and requirements; state holding company act requirements; privacy and data protection, both domestically and abroad; anti-terrorism and anti-corruption regulations, such as OFAC and the FCPA; and distribution and sales force compliance issues.

Representative Matters

Showing of
Represent a licensed insurance agency in a dispute with an insurer regarding the sale of health insurance.
Negotiated a Software License and Implementation Agreement to replace Legacy software systems for our client, a provider of workers' compensation insurance in Oklahoma
Counseled a leading life insurance company on the mandates for group life and group specified disease/critical illness products in all 50 states, with a focus on the extent to which such products are regulated by jurisdictions other than the jurisdiction in which the group policy is issued.