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INSURANCE & REGULATORY

Friday, Eldredge & Clark’s insurance lawyers have represented insurers (including many large national and regional carriers), self-insured companies and private insurers. We have the trial skill and industry knowledge for successful resolution in insurance regulation, coverage and liability issues, professional liability and insurance defense litigation. 

Focused on Clients

  • Insurance carriers
  • Insured organizations
  • Individual insureds
  • Clients in:
    • Energy
    • Transportation
    • Chemical
    • Retail
    • Financial
    • Healthcare

Focused on Services

Insurance Regulation - Insurance companies rely upon Friday, Eldredge & Clark to represent their interests in regulatory and transactional matters before the Arkansas Insurance Department. We assist our clients with the full range of concerns that come within the Insurance Commissioner’s authority to review and regulate, including:

  • Regulatory compliance, including market conduct issues and responding to consumer and insurance department complaints
  • Change of company ownership, including mergers or acquisitions
  • Approval of insurance products and policy provisions
  • Approval of internal governance changes
  • Required filing of financial and other regulatory reports

Our knowledge of the regulatory environment in Arkansas means that your company will receive the full benefit of our sound working relationship with the commissioner’s office. When combined with our knowledge of Arkansas state courts and legislative processes, our experience in these areas means that we can handle virtually any regulatory issue that arises for insurers licensed to write insurance in the state.

Insurance Coverage Issues - We evaluate insurance policies on behalf of the insurance carrier and the insured. The policies we review and assess include almost every type of coverage written in today’s business market. Our clients have relied on our expertise to prepare coverage opinions in thousands of instances. Those coverage matters involved comprehensive general liability policies, policies on environmental matters, professional liability, excess insurance, endorsements, exclusions, and all other issues.

Insured Representation - Our firm helps businesses maximize and effectively manage their insurance coverage. We represent insurance companies and policyholders and advise both in disputes over all facets of insurance liability coverage including professional, directors and officers, asbestos, errors and omissions, and catastrophic issues.

We are also experienced in helping clients manage their own risk. Many employers use self-insurance as an alternative to traditional insurance. Because we work with the plans various companies use, we can advise on the most effective options and strategies.

Professional Liability - Friday, Eldredge & Clark understands the stakes in professional liability controversies. Healthcare providers, lawyers, realtors, architects, engineers, and insurance brokers and registered representatives and their insurers turn to us for help. Our concern is the same as your concern: protecting your livelihood and reputation.

Insurance Defense Litigation - Our firm is defense counsel for many insurance carriers and regularly handles disputes that involve first-party and third-party claims, along with bad-faith suits. We are respected by insurance professionals for our trial and appellate capability on insurance matters. Our insurance practice defends insurers in first-party lawsuits alleging bad faith, breach of contract, and violations of the insurance and consumer protection statutes. We also represent insurers in civil lawsuits brought by individual insureds, corporate policyholders, and class action claimants. Although we excel at trial representation, your company will also benefit from our effectiveness at filing declaratory judgment actions to minimize claims liability and at seeking to resolve claims through arbitration or settlement.

Individual Insureds - Even though much of our professional liability work comes to us on referral from malpractice insurance carriers, we develop effective defense strategies for health care providers, lawyers, realtors, insurance brokers, and registered representatives who are our clients. Liability litigation often involves related actions before professional regulatory bodies and our lawyers are experienced at defense proceedings involving such organizations.

Focused on our Team

With a team that includes Fellows in the American College of Trial Lawyers, a past president of the Arkansas Association of Defense Counsel and a number of lawyers recognized for inclusion in Chambers USA and The Best Lawyers in America, few firms surpass our ability to evaluate claims and litigation and identify the best strategy for trial or settlement.

William A. Waddell Jr.
Commercial Litigation & Regulatory

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  • BUSINESS & CORPORATE
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