Hall Arbitrations

Insurance and Reinsurance Regulatory Experience

January 2008 to October 2008: Appointed Chair of the American Council of Life Insurer’s Task Force on issues relating to the International Association of Insurance Supervisors (IAIS).

1986 to Present: Extensive involvement in the National Association of Insurance Commissioners (NAIC) representing the interests of the Illinois Director of Insurance, and later, the U.S. reinsurance industry. Served on a variety of task forces, advisory committees and resource groups dealing with a wide variety of receivership and reinsurance issues.

October 2005 to Present: Elected by the industry as the property/casualty chair of the NAIC Reinsurance Task Force Interested Persons group which serves as the industry advisor to the Task Force on reinsurance matters brought before the NAIC. The Interested Persons group is comprised of more than 100 individuals representing a variety of interests, including law firms, insurance and reinsurance companies, brokers and trade associations.

2000 to December 2008: Active observer member of the International Association of Insurance Supervisors (IAIS), a body representing insurance regulators from over 100 countries, in developing minimum standards of direct and indirect regulation of reinsurance and creating standards to facilitate the eventual cross border transaction of reinsurance business with global regulation situated in the home jurisdiction of the reinsurer.

2003 to October 2008: Appointed as observer member of former “Task Force Re,” renamed the “Reinsurance Transparency Group,” comprised of regulators and selected reinsurance industry representatives from the seven major international reinsurance jurisdictions to develop and publish the first global reinsurance statistics pursuant to a request from the Financial Stability Forum, comprised of the financial ministers from the G7+ countries.

2004 to Present: Ex officio member of the American Bar Association’s Task Force on Federal Involvement in Insurance Regulation Modernization reviewing the involvement of the federal government in insurance and reinsurance regulation, e.g., the SMART Act 3 addressing regulatory and receivership reform, asbestos reform, and the Terrorism Risk Insurance Act.

1997 to Present: Organizer and founding member of the Reinsurance Dispute Resolution Task Force which developed the nation’s only arbitration procedures for the reinsurance industry.

1999: Member of a three-person delegation representing the U.S. Department of Commerce working with Brazil’s insurance regulator, Superintendência de Seguros Privados (SUSEP), and the Brazil Ministry of Finance in an effort to privatize Brazil’s reinsurance industry and create a modern insurance receivership system.

1996 to 1998: Member of nine-person committee appointed by the Interstate Insurance Receivership Compact Commission to draft a model interstate compact law, resulting in the Uniform Receivership Law (URL), supported by the interstate compact states and since incorporated into several bills introduced in the U.S. Congress as the basis for U.S. receivership reform.

1992 to 1995: Member of the American Bar Association’s Insolvency Task Force which recommended improvements to the U.S. receivership process and drafted comprehensive legislation as part of the U.S. Bankruptcy Code.