The insurance industry is constantly facing new challenges arising from technological innovation, market consolidation, new competitors and increasing regulation and oversight. With more than 100 years of experience serving all segments of the insurance industry and a global reputation for excellence, Locke Lord helps its insurance industry clients meet today's challenges while preparing for the opportunities of tomorrow.
We represent clients engaged in all lines of insurance and ranging from international publicly-traded insurers to family-owned insurance agencies, including traditional insurance business clients such as insurers, reinsurers, producers, premium finance companies, third-party administrators, managing general agencies, insurance guaranty funds and state insurance departments. We also represent other business entities in connection with their subsidiary insurance operations, including banks, leasing companies and retailers. We represent insurers, reinsurers and intermediaries from across the United States, Canada, the United Kingdom, Bermuda, the Caribbean, Latin America, continental Europe, Hong Kong, Japan, Australia and elsewhere.
In January 2015, Locke Lord and Edwards Wildman merged, bringing together two of the largest, most active and respected insurance regulatory and transactional practices with national and international scope. Locke Lord has earned the distinction of being named "2016 Law Firm of the Year in Insurance Law" in addition to National Tier 1 and Metropolitan Tier 1 Practice Areas by U.S. News/Best Lawyers. Chambers USA has regularly recognized the Firm in its Client's Guide to America's Leading Lawyers for Businessas a leading law firm in Insurance and Reinsurance with high national and state rankings in the areas of insurance: transactional and regulatory; insurance: dispute resolution (reinsurance); and insurance: dispute resolution (insurer). Chambers noted that Locke Lord "has always been an industry leader and is an excellent firm with good people" and that clients rate "Locke Lord highly in terms of their ability to turn things around and meet our needs“ and is an “[E]xcellent firm that has a great deal of expertise and knowledge in all areas of reinsurance.” In addition, the Firm was named a leading U.S. firm by Who's Who Legal in its The International Who's Who of Insurance & Reinsurance Lawyers, with multiple individual lawyers specifically recognized for their work.
Locke Lord is one of the few U.S. firms with a very large group of corporate lawyers with substantial experience in insurance regulation. Regulatory representation has enabled us to remain at the forefront of regulatory initiatives and issues that most concern our clients. This experience also enables us to provide enhanced value and insight into many issues associated with mergers, dispositions and acquisitions of insurance companies or their insurance-related assets and liabilities through various forms of reinsurance and the sale of renewal rights. Many of our insurance lawyers have been individually recognized by the leading directories of outstanding lawyers for their work in insurance and reinsurance, including The International Who's Who of Insurance and Reinsurance Lawyers, Chambers USA's America’s Leading Lawyers for Business, Euromoney's Guide to the World’s Leading Insurance and Reinsurance Lawyers, Woodward/White's The Best Lawyers in America, and the The Legal 500 in both the U.S. and the UK.
Our clients are drawn from the United States and from around the world and span the property/casualty and life/health sides of the industry. We routinely practice before all state insurance departments. A number of our lawyers and non-lawyer regulatory specialists have backgrounds with state insurance departments as well as the UK's Department of Trade and Industry. We are active in various state and federal legislative matters and routinely participate in the activities of the National Association of Insurance Commissioners (NAIC).