Regulatory Counsel Member
|
|
EXPERIENCE
|
Licensed attorney with a minimum of seven years or more of insurance regulatory law experience. Experience to have occurred in the immediate prior twenty-four months and a minimum of seven of the last nine years.
|
|
SERVICES
|
Attorney, including the attorney’s law firm, is capable of performing related services in at least two of the following categories of insurance law practice:
Insurance Business Transactions: Reinsurance, acquisitions, company formations, mergers, redomestication, corporate governance, purchase and sale of blocks of business, etc.
Legislation: Drafting, amending, proposing, monitoring and opposing bills, and resolutions relating to insurance laws and regulations.
Litigation: Disputes involving insurance business transactions or regulatory enforcement actions, but not insurance claims disputes.
Regulation: Liaison with state insurance regulatory officials regarding insurance company matters, producer matters, policy filings, transaction filings, admissions, rulemaking, prehearing investigations, etc.
|
|
50% TIME
|
Licensed attorney who bills more than 50% of their professional time for insurance regulatory matters.
|
|
REFERENCES
|
1. Recommended in writing by three insurance industry executives from unrelated companies who have attested to your skill and competency.
2. Contact information for FORC member(s) (or three attorneys) that you are acquainted with and/or have had professional dealings with. These individuals will be contacted by the FORC Admissions Committee for their recommendation.
|
|
LICENSURE
|
FORC Members must remain a member in good standing in at least one state bar association at time of admission and continue to certify this requirement annually at the time of payment of annual FORC membership dues.
|
|
AUTHORSHIP
|
Membership with FORC requires periodic publishing of a professional article in the FORC Journal.
|
|
ANNUAL DUES
|
$995 (required with application; this amount will be refunded if your application is not accepted).
|
|
APPLICATION
|
$50 (non-refundable application fee required with application).
APPLICATION PROCESS AND TIMELINE
The admissions process is in two parts. The first part is the submission of the completed application and supporting documents to the Admissions Committee of FORC. The Admissions Committee will review the application and may conduct interviews with the individuals you have listed as references, as well as others. If the Admissions Committee favorably passes upon your application, the FORC Board of Directors will review the Admissions Committee findings and is free to conduct further investigations as well as conduct additional interviews with you or with anyone it deems necessary. Admission to FORC is a privilege and not a right; as such, the Board of Directors retains the sole right to admit or reject any applicant. Submission of an application does not assure any applicant that the applicant will be admitted to FORC. All submissions and material contained therein will be retained by FORC in a confidential manner.
The Board of Directors meets at the spring and fall NAIC meetings to conduct the affairs of FORC.
Apply Now
Completed membership applications and supporting documents are to be sent in a single email to info@FORC.org; payments for the membership dues and application fee should be mailed to FORC. Alternatively, all materials may be mailed to FORC, 4248 Park Glen Road, Minneapolis, MN 55416 via traceable mail service. An email confirming receipt of materials will be sent to the applicant.
|
Associate Regulatory Counsel Member
|
|
EXPERIENCE
|
Licensed attorney with a minimum of five years or more of insurance regulatory law experience. Experience to have occurred in the immediate prior twenty-four months and a minimum of five years.
|
|
SERVICES
|
Attorney, including the attorney’s law firm, is capable of performing related services in at least two of the following categories of insurance law practice:
Insurance Business Transactions: Reinsurance, acquisitions, company formations, mergers, redomestication, corporate governance, purchase and sale of blocks of business, etc.
Legislation: Drafting, amending, proposing, monitoring and opposing bills, and resolutions relating to insurance laws and regulations.
Litigation: Disputes involving insurance business transactions or regulatory enforcement actions, but not insurance claims disputes.
Regulation: Liaison with state insurance regulatory officials regarding insurance company matters, producer matters, policy filings, transaction filings, admissions, rulemaking, prehearing investigations, etc.
|
|
50% TIME
|
Licensed attorney who bills more than 50% of their professional time for insurance regulatory matters
|
|
REFERENCES
|
1. Recommended in writing by three insurance industry executives from unrelated companies who have attested to your skill and competency.
2. Contact information for FORC member(s) (or three attorneys) that applying attorney is acquainted with and/or have had professional dealings with. These individuals will be contacted by the FORC Admissions Committee for their recommendation.
|
|
LICENSURE
|
FORC Members must remain a member in good standing in at least one state bar association at time of admission and continue to certify this requirement annually at the time of payment of annual FORC membership dues.
|
|
AUTHORSHIP
|
Membership with FORC requires periodic publishing of a professional article in the FORC Journal.
|
|
ANNUAL DUES
|
$400 (required with application; this amount will be refunded if your application is not accepted).
|
|
APPLICATION
|
$50 (non-refundable application fee required with application).
APPLICATION PROCESS AND TIMELINE
The admissions process is in two parts. The first part is the submission of the completed application and supporting documents to the Admissions Committee of FORC. The Admissions Committee will review the application and may conduct interviews with the individuals you have listed as references, as well as others. If the Admissions Committee favorably passes upon your application, the FORC Board of Directors will review the Admissions Committee findings and is free to conduct further investigations as well as conduct additional interviews with you or with anyone it deems necessary. Admission to FORC is a privilege and not a right; as such, the Board of Directors retains the sole right to admit or reject any applicant. Submission of an application does not assure any applicant that the applicant will be admitted to FORC. All submissions and material contained therein will be retained by FORC in a confidential manner. The Board of Directors meets at the spring and fall NAIC meetings to conduct the affairs of FORC.
Apply Now
Completed membership applications and supporting documents are to be sent in a single email to info@FORC.org; payments for the membership dues and application fee should be mailed to FORC. Alternatively, all materials may be mailed to FORC, 4248 Park Glen Road, Minneapolis, MN 55416 via traceable mail service. An email confirming receipt of materials will be sent to the applicant.
Once an Associate Regulatory Counsel Member has met the requirements of:
- A majority of professional billable time, both for the immediate prior twenty-four (24) months and a minimum of seven (7) of the last nine (9) years, consists of representation of insurance companies, agents, brokers, other related insurance licensees, or other entities regulated by any State or Federal insurance regulatory body.
- Member in good standing of a bar of a state.
Attorney is eligible for promotion to Regulatory Counsel membership. The Associate Regulatory Counsel Member is responsible for notifying the FORC Executive Director of completion of the above qualifications. The Executive Director will send to the Chair of the Admissions Committee a report of findings related to the additional qualifications. The Admissions Committee will consider the request and make its recommendation to the Board of Directors. The decision regarding the member’s request will be communicated to the applicant by the Executive Director.
|
Insurer Counsel Member
|
|
EMPLOYMENT
|
Licensed attorney employed by entity that receives a certificate of authority from a state or federal insurance regulator, Insurer Counsel Members are expected to have positions either (a) as general counsel or associate general counsel in the entity’s law department or (b) a corporate officer position in the entity’s government relations department.
|
|
50% TIME
|
Licensed attorney spends more than 50% of their time with insurance regulatory matters.
|
| REFERENCES |
Contact information for FORC member(s) that you are acquainted with and/or have had professional dealings with.
|
|
LICENSURE
|
FORC Members must remain a member in good standing in at least one state bar association at time of admission and continue to certify this requirement annually at the time of payment of annual FORC membership dues.
|
|
ANNUAL DUES
|
$250 (required with application; this amount will be refunded if your application is not accepted.)
|
|
APPLICATION
|
$50 (non-refundable application fee required with application.)
APPLICATION PROCESS AND TIMELINE
The admissions process is in two parts. The first part is the submission of the completed application and supporting documents to the Admissions Committee of FORC. The Admissions Committee will review the application and may conduct interviews with the individuals you have listed as references, as well as others. If the Admissions Committee favorably passes upon your application, the FORC Board of Directors will review the Admissions Committee findings and is free to conduct further investigations as well as conduct additional interviews with you or with anyone it deems necessary. Admission to FORC is a privilege and not a right; as such, the Board of Directors retains the sole right to admit or reject any applicant. Submission of an application does not assure any applicant that the applicant will be admitted to FORC. All submissions and material contained therein will be retained by FORC in a confidential manner. The Board of Directors meets at the spring and fall NAIC meetings to conduct the affairs of FORC.
Apply Now
Completed membership applications and supporting documents are to be sent in a single email to info@FORC.org; payments for the membership dues and application fee should be mailed to FORC. Alternatively, all materials may be mailed to FORC, 4248 Park Glen Road, Minneapolis, MN 55416 via traceable mail service. An email confirming receipt of materials will be sent to the applicant.
|
Institutional Member
|
|
EMPLOYMENT
|
Licensed attorneys employed as counsel by institutions that serve by contract or by representation of the regulated insurance industry.
|
|
50% TIME
|
Licensed attorney spends more than 50% of their professional time providing legal and/or regulatory analysis and advocacy for their employer and for their employer’s regulated insurance clients.
|
| REFERENCES |
Contact information for FORC member(s) that you are acquainted with and/or have had professional dealings with.
|
|
LICENSURE
|
FORC Members must remain a member in good standing in at least one state bar association at time of admission and continue to certify this requirement annually at the time of payment of annual FORC membership dues.
|
|
ANNUAL DUES
|
$250 (required with application; this amount will be refunded if your application is not accepted.)
|
|
APPLICATION
|
$50 (non-refundable application fee required with application.)
APPLICATION PROCESS AND TIMELINE
The admissions process is in two parts. The first part is the submission of the completed application and supporting documents to the Admissions Committee of FORC. The Admissions Committee will review the application and may conduct interviews with the individuals you have listed as references, as well as others. If the Admissions Committee favorably passes upon your application, the FORC Board of Directors will review the Admissions Committee findings and is free to conduct further investigations as well as conduct additional interviews with you or with anyone it deems necessary. Admission to FORC is a privilege and not a right; as such, the Board of Directors retains the sole right to admit or reject any applicant. Submission of an application does not assure any applicant that the applicant will be admitted to FORC. All submissions and material contained therein will be retained by FORC in a confidential manner. The Board of Directors meets at the spring and fall NAIC meetings to conduct the affairs of FORC.
Apply Now
Completed membership applications and supporting documents are to be sent in a single email to info@FORC.org; payments for the membership dues and application fee should be mailed to FORC. Alternatively, all materials may be mailed to FORC, 4248 Park Glen Road, Minneapolis, MN 55416 via traceable mail service. An email confirming receipt of materials will be sent to the applicant.
|