Insurance licensing and regulation is a detailed and often complex area of the law, and has taken on even greater importance in recent years due to an influx of new players entering the insurance marketplace through insurtech. In this program, Eric 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, and the significant licensing requirements of the various players in the insurance marketplace. Additionally, this course will address new developments in insurance regulatory compliance, including cybersecurity regulations, the concept of a regulatory sandbox, and how the GDPR will affect the insurance industry.
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.
The GDPR information was VERY valuable. A CLE on that topic and how to become compliant, available apps, and the like would be very helpful. I'll be on the look-out.
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