Herrick advises U.S. and European insurers, reinsurers and brokers on multi-state licensing projects, payment of Federal Excise Tax, regulatory compliance matters and investigations in a number of states. Our Insurance M&A practice is representing several clients on pending acquisitions. We represented a major title company in a unique tri-party merger transaction requiring the approval of three different regulatory authorities. In our capacity as the title company's General Counsel, we presented a major study to the National Conference of Insurance Legislators concerning collateral requirements for non-U.S. reinsurers and the ability of U.S. companies to enforce judgments against European reinsurers. Herrick also advises insurers and reinsurers regarding their development of new policy forms, and drafts insurance policies, endorsements and reinsurance contracts.
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