Paige Waters' practice in insurance and reinsurance law includes extensive experience handling transactional, regulatory, and insolvency matters on behalf of national and international insurance and reinsurance clients. Paige represents a broad base of clients in the financial services and insurance industries, including life insurers, accident and health insurers, property and casualty insurers, health maintenance organizations, managed care organizations, mortgage and financial guaranty insurers, fronting carriers, captive insurers and reinsurers, service contract providers, producers, insurance receivers, banks, private equity and hedge funds.
Paige is co-author of Chapter 96 General Principles and Introductory Matters Concerning Insured Insolvency and Bankruptcy and Chapter 14 Insurance Solvency Regulation, New Appleman on Insurance Law Edition. Prior to entering private practice, she was senior counsel of the Office of the Special Deputy Receiver, representing the Illinois Director of Insurance as the statutory receiver of insolvent insurers.
Paige has substantial experience in all aspects of insurance and reinsurance transactions, including mergers and acquisitions, corporate formations, structuring and licensing, subordinated and surplus note issuance and loss portfolio transfers. She frequently advises clients on insurance transactional and regulatory matters nationwide, including MAWG multi-state and single state market conduct exams, financial exams, product and program development and implementation, predictive modeling and data analytics in underwriting and rating, corporate governance and related compliance issues. She also has extensive experience in insurer, HMO and reinsurer run offs and receiverships, including director and officer, voidable preference and fraudulent transfer, and other troubled company and insurer insolvency actions.