Introduction to Insurance Regulatory and Licensing Issues

(268 Ratings)

Produced on: May 01, 2017

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 60 minutes
Difficulty Beginner
Join Eric Biderman, Counsel with Arent Fox, for a discussion of key insurance regulatory and licensing issues.

The laws and regulations behind insurance licensing and oversight can often be ignored, forgotten, or treated as a mere formality. However, insurance licensing and regulation is a detailed and often complex area of the law that can be fraught with proverbial landmines for the unwary. In this program, Biderman will provide an overview of the key legal issues related to insurance licensing and regulation both in the present and in the future. He will outline the unique interplay between state and federal regulation in the field of insurance. The program will also help you develop an understanding of the significant licensing requirements of the various players in the insurance marketplace. Additionally, the program will cover the significant regulatory requirements concerning the financial condition of insurance companies, rates, and policy forms and commissions, and the reasons behind these regulations. Finally, this course will address the new frontier of insurance regulatory compliance – compliance with cybersecurity regulations – by examining the ground-breaking cybersecurity regulations developed by New York State's insurance regulator that are sure to serve as a blueprint for other insurance regulators across the United States. 


Learning Objectives:
  1. Gain a general overview of the manner in which insurance is regulated in the United States on both a state and federal level
  2. Summarize and understand the licensing requirements that must be met by parties involved in the transaction of insurance
  3. Identify different manners in which insurance may be provided and the structures that entities employ to provide insurance
  4. Explore some of the complex regulatory requirements that insurance companies, agents and brokers must meet upon being licensed
  5. Develop an understanding of new cybersecurity regulations that will likely prove to be a significant regulatory requirement that insurance companies, brokers, agents, and similar parties will have to deal with in the future 


Faculty

Eric Biderman

Arent Fox LLP

Eric Biderman, Counsel at Arent Fox, has a broad-based insurance practice that encompasses litigation, regulatory and transactional matters. He also handles legal issues relating to insurance coverage for policyholders and carriers. 

Eric has substantial litigation experience representing plaintiffs and defendants in insurance-related disputes in state and federal courts across the country. He has a particular expertise in handling matters related to the emerging regulatory landscape of life settlements, where he has represented trusts, investors, and secured lenders in lawsuits concerning the validity of the subject life insurance policies. Eric’s litigation experience also includes taking and defending depositions of insureds, policyowners, agents and other related parties in disputes related to life insurance policies. 

Eric also has significant experience handling insurance regulatory and transactional matters. He has advised insurance companies, insurance brokers, insurance agents, premium finance lenders, life settlement providers, and non-insurance entities regarding regulatory and licensing issues in various jurisdictions across the United States. Eric’s transactional experience includes handling a merger transaction that required the approval of multiple regulatory authorities. 

Additionally, Eric has devoted a substantial portion of his time to pro bono matters, including family court litigation and not-for-profit public interest endeavors.

Reviews

WM
Warren M.

Nice job!

CF
Cecil F.

Excellent lecturer and excellent course materials. He needs an additional thirty minutes to fit in all the material. However he did the best he could in the time aloted.

MC
MARGARET C.

Thank you.

JL
James L.

Excellent

LW
Lisa W.

Eric Biderman was fantastic.

KL
Kellien L.

Great presenter.

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$59

$ 59 Insurance Law and Administrative Law In Stock

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