Bayard is Delaware’s preeminent insurance practice law firm with incomparable experience handling complex matters relating to the insurance industry. Bayard’s insurance law attorneys help individuals or companies seeking an approval from the Delaware Department of Insurance, or considering seeking approval.
Bayard’s expertise includes a long history of experience including a former Delaware Insurance Commissioner and three former Deputy Commissioners, and providing counsel to the insurance industry, and its regulators regarding Delaware regulatory issues, insurance insolvency and bankruptcy proceedings, insurance company rehabilitation and liquidation, reinsurance, and complex corporate insurance litigation matters.
Our clients benefit from Bayard’s insurance law practitioners’ vast experience in Delaware insurance-related matters, including regularly advising the Insurance Commissioner and Department of Insurance regulators and serving as hearing officers or counsel to the hearing officers. Bayard’s insurance law team members have also represented and continue to represent the Delaware Insurance Commissioner as a receiver in cases before the Delaware Court of Chancery.
Bayard’s comprehensive understanding of all aspects of Delaware insurance law and regulations enables our staff to provide exceptionally well-informed legal counsel and business advice relating to the best procedures and strategies to address insurer insolvency, broker violations and suspensions, agent terminations, and policy non-renewals, and to accomplish insurance mergers and acquisitions, licensing, ownership changes, accreditation for reinsurance, rate increases, insolvency, and other issues requiring the highest level of Delaware insurance law expertise. Bayard is uniquely situated to advise buyers and sellers of Delaware domestic insurance companies because of the knowledge gained from serving as hearing officers for the Delaware Insurance Commissioner on numerous consensual and contested insurance M&A transactions.
Our record of successfully resolving difficult and complex insurance industry regulatory issues without the risk and expense of litigation has led to Bayard’s recognition as the leading insurance law firm in Delaware, the 5th largest domiciliary in the United States.
Delaware’s most experienced and knowledgeable insurance law practice.
