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Greg E. Mitchell, Esq.
Greg E. Mitchell, Esq.
Global Regulatory Risk & Compliance PLLC
(859) 229-7851
dbo.fn jc Profile(vBoNetContact.ID)
Greg E. Mitchell, Esq.
Global Regulatory Risk & Compliance PLLC
McClure Building 306 W. Main St. Frankfort, KY 40601 UNITED STATES
(859) 229-7851
Regulatory Cnsl Mbr
Business Transactions, Legislative, Litigation, Regulatory
Kentucky, Pennsylvania
Principle of Global Regulatory Risk & Compliance PLLC which provides a variety of insurance related legal and professional services including representation of businesses in the review, evaluation and structure of sophisticated insurance and alternative risk/captive programs; development of new insurance and extended warranty/service contracts and hybrid programs; regulation, licensing, and compliance of agents/producers/limited lines/brokers/consultants/administrators/utilization review agents and adjusters, including call center operations and non-insurance distribution channels; formation, regulation, implementation of compliance/risk management, preparation for and defense of state, multi-state and MAWG market conduct actions for national and international insurance carriers and other risk-bearing entities, as well as defense of department investigations and administrative procedures. Greg also handles holding company system/group issues and filings, formation and licensing matters, reinsurance and service agreements, as well as representation of insureds and receivers in insolvency related proceedings, including life and health, MEWAs, self-insurance funds, group self-insured funds, unauthorized insurers and conversions.

He regularly attends meetings of the National Association of Insurance Commissioners, National Conference of Insurance Legislators and other various insurance related organizations.  His work has been cited numerous times in Mealey's and other publications. Greg is a member of the Federation of Regulatory Counsel and he also chairs the Insurance Regulatory practice group of Multilaw, an international association of law firms located in 150 commercial centers throughout the world.

Insurance Business Experience:
•Development and approval of national insurance/extended warranty/service contract products and programs, including distribution, marketing and compensation systems.
•Formation and authorization of various types of risk bearing entities, including domestic and off-shore captives, risk retention groups, risk purchasing group, captive/risk retention groups, life and property and casualty insurers, as well as group and self-insurers.
•Insurance producer licensing, business entity licensing and limited lines licensing and design of regional, national and international insurance product distribution systems, including call center operations.
•Holding company system filings and licensing, as well as preparation of insurance management and outsourcing agreements.
•Market conduct, special target examinations and other type of investigations by state and federal regulators, including MAWG actions.
•Counsel for over 120 former members of the Kentucky workers' compensation group self-insurance fund, AIK Comp in Rehabilitation.
•Counsel for numerous insurers affected by the liquidations of Reciprocal of America, Legion and Reliance, as well as other domestic and off-shore insolvencies.
•Lead counsel on the liquidation and related litigation of the National Business Association Trust/National Benefit Administrators, Inc., a Kentucky unauthorized insurer doing business in 22 states.
•Handled general litigation matters for the estate, including claims administration, document retention/depository, asset management, coordination with the departments of insurance, and reports to the Court, as well as acted as lead counsel in numerous adversary proceedings, including officer-director suits, preference and collection actions.
•Coordination counsel on the liquidation of Kentucky Central Life Insurance Company.
•Handled general rehabilitation/liquidation matters for the estate, including claims administration, document retention/ depository, asset management, coordination with NOLHGA, and reports to the Court, as well as acted as lead counsel in numerous adversary proceedings, including multi-million dollar preference actions, foreclosures, and collection actions. Also special counsel in actions against officers, directors and auditors.
•Oral argument before the 9th Circuit Court of Appeals concerning an unauthorized insurance MEWA, insurance insolvency, ERISA and application of the U.S. Bankruptcy Code.

Lead counsel on numerous MAWG actions, and multi-state department investigations, corrective action plans and regulatory settlement agreements.
Counsel for 24 Kentucky hospitals in the second largest case ever tried before the Virginia corporation in the Reciprocal of America insurance insolvency proceeding, which included issues on the guaranty fund system and definition of insurance.
Lead counsel on the development and regulatory compliance of numerous specialty insurance programs
Lead counsel on the formation of numerous captive and alternative risk financing entities, both in the U.S. and in foreign jurisdictions
Lead counsel on numerous commercial foreclosures/workouts involving multi-million dollar loans, receiverships and lender liability defense issues for various lending institutions, the FDIC, RTC and liquidators
Counsel on numerous foreign investment transactions
Trial counsel with Grant Cowan in the Nowicki litigation which resulted in $17.3 million judgment (at the time - second largest jury verdict in Eastern District of Kentucky)

Highlights & Recognitions
U.S. Department of State Certificate of Appreciation, July 2014
The Best Lawyers in America®, Insurance Law, 2007-2023
Martindale-Hubbell®, AV Preeminent®, Rated

Published Articles

Published Alerts

TitlePublish Date
KDOI Regulation Forthcoming7/23/2018
2019 Indiana Legislative Update5/30/2019
New Law Put Kentucky on Cutting Edge of Insurance Innovation5/30/2019
Legislative Update5/24/2021
Legislative Update5/27/2021

Positions in FORC

There are no records.