Overview

Dykema has a large and diverse insurance industry practice, serving many aspects of the U.S. insurance industry from our 13 offices strategically located across the country—in Michigan, California, Illinois, Minnesota, Texas and Washington D.C. Many of Dykema’s Insurance Industry Group lawyers are nationally, regionally and locally recognized as leaders in their practice areas. The firm’s Insurance practice is ranked nationwide among 2020 “Best Law Firms” by U.S. News – Best Lawyers and Chambers USA 2017 notes that Dykema’s team is composed of “good coverage lawyers who do a good job.”

For over a century, we have guided our insurance industry clients through the many and multifaceted legal challenges to success in the business world. As the insurance industry has become ever more regulated, international and technology-based, Dykema has kept a step ahead, giving our clients the edge they need to thrive.

The Firm has decades of experience representing domestic, foreign and alien insurers, reinsurers, investment banking firms, self-insurance pools, residual market insurance associations, regulators and receivers, national and state trade associations, insurance intermediaries (brokers, agents, TPAs) and insurance industry officers and directors. By combining our intimate industry knowledge with sharp legal focus, we help our insurance industry clients reduce risk, create opportunity and resolve their tough challenges. From regulatory and transactional matters to complex insurance litigation, our insurance clients can count on Dykema’s Insurance Industry Group to efficiently and effectively satisfy their myriad legal needs.

Our representation of the industry includes:

Regulatory and Compliance

With extensive first-hand experience navigating the complex world of insurance regulation, Dykema successfully advises clients on virtually all issues within the regulatory sphere. We have coordinated and shepherded multi-state filings for a number of clients to help them obtain certificates of authority, additional lines of authority, and requalification. We advise insurance industry clients on implementing regulatory compliance programs, preparing rate forms and other filings, addressing capital and surplus issues and satisfying statutory accounting requirements. Read more.

Lobbying and Public Policy

Our government policy advisors and attorneys, many of whom are registered lobbyists, work together on behalf of our insurance industry clients to help shape the laws, regulations and policies that directly affect the highly-regulated insurance industry. We have decades of experience representing clients on matters before state and federal legislative bodies and regulatory agencies. Read more.

Insurance Related Litigation

Dykema has experienced trial lawyers "possessing an excellent track record" (Chambers USA 2017) who provide high quality and high value litigation services—from case initiation through multiple levels of appeal. For our insurance industry clients, we routinely handle coverage disputes, bad faith cases, ERISA, class actions, insurance defense and commercial matters. With 13 offices across the country, a fully mobile workforce and lawyers licensed to practice in multiple jurisdictions, we also frequently serve as national and regional counsel. Read more.

Corporate Finance and Institutional Investments

Dykema’s Insurance Industry Group members provide our insurance clients the requisite combination of finance know-how and regulatory insight needed to bring complex financings to a successful conclusion. We also have substantial experience representing insurance companies making investments pursuant to Certified Capital Company (CAPCO) programs. Read more.

Formations, Mergers and other Transactions

Using a cross-disciplinary approach, Dykema provides comprehensive securities, transactional and business consulting services to domestic and foreign insurance companies, reinsurers and agencies. Read more.

Insurance Company Insolvencies and Guaranty Funds

Well versed in the laws that create and govern the complex state-based insurance insolvency infrastructure, attorneys from Dykema’s Insurance Industry Group regularly represent state property and casualty insurance guaranty funds in their unique issues. We also have represented receivers and liquidators of insolvent estates. Read more.

Self-Insured Pools and Statutorily Created Insurance Associations

Dykema insurance lawyers regularly represent the interests of intergovernmental self-insured pools and statutorily created nonprofit insurance associations. Read more.

Real Estate Finance, Development and Facilities

Our Insurance Industry Group includes members from Dykema’s nationally recognized real estate practice (Chambers USA and Midwest Real Estate News) to help our clients with their important real estate finance, development and facility projects. Read more.