Comprehensive Legal Services for the Insurance Industry
Our Insurance Law practice represents a broad range of clients in the insurance sector, including life, disability, casualty, title, surety, fidelity insurance companies, health service organizations, brokers, and service contract providers. With extensive experience in regulatory compliance, transactional matters, and litigation, our team offers clients across the insurance industry comprehensive legal solutions designed to address both their operational and legal needs.
Regulatory Compliance, Licensing, and Approvals
We assist both domestic and foreign insurers with the authorization process required for conducting business in Puerto Rico under the Puerto Rico Insurance Code. Our services include regulatory counseling, support with audits by the Commissioner of Insurance and the Puerto Rico Department of Treasury, and the approval of contract and policy forms. We also offer guidance on reinsurance matters, and applications for licenses and permits, ensuring that our clients remain fully compliant with the local regulatory framework.
Mergers, Acquisitions, and Insurance Transactions
Our practice group has significant experience in insurance company transactions, including stock and asset acquisitions, and management buy-outs. We support clients through all stages of these transactions, from structuring and negotiations to drafting agreements and obtaining approval from the Office of the Commissioner of Insurance. Whether it’s handling acquisitions or divestitures, our team ensures that all regulatory hurdles are cleared efficiently and in compliance with Puerto Rican law.
Insurance-Related Litigation and Dispute Resolution
We also have a robust litigation practice in a wide array of insurance-related claims. Our litigation experience covers defending claims against group life and health policies, as well as addressing antitrust and regulatory issues in both local and federal courts. We also represent clients in administrative claim litigation before agencies such as the Puerto Rico Health Insurance Administration, the Office of the Patients’ Advocate, the Department of Health, and the Commissioner of Insurance. Notably, following Hurricane María, we have represented multiple clients in first-party property insurance disputes, providing vital support during the recovery process.