Insurance
Insurance
Attorneys in our Insurance Practice Group counsel insurance companies, insurance holding companies, health maintenance organizations (HMOs), preferred provider organizations, captive insurers, insurance brokers, insurance agencies, and third-party administrators on corporate and regulatory matters, including development of insurance policies and negotiation of provider contracts.
We represent insurance industry participants in:
- Mergers, acquisitions and dispositions
- De novo formations of stock, mutual and captive insurers
- Shell acquisitions and loss portfolio transfers
- Multi-state regulatory matters, including Form A, Form B, Form C, Form D and Form F filings, and policy form and rate filings
- Administrative proceedings before and informal negotiations with the Tennessee Department of Commerce & Insurance , including the Financial Affairs, Policy Analysis, Agent Licensing and Consumer Insurance Services sections of the Insurance Division and the TennCare Oversight Division
- Legislative matters
- Negotiation of reinsurance treaties and excess policies
- Negotiation on renewal coverages and premiums
- Coverage disputes and other litigation
We have represented Tennessee captives since the late 1970s when first authorized, including the first two captives licensed under the 2011 revisions. In addition to de novo pure and cell captive formations, we handle foreign and alien redomestications. We also advise risk retention groups (RRGs) and purchasing groups, both domestic and offshore, and have significant experience in working with RRGs and captives on various legal, regulatory and tax matters, and operational issues. We are members of the Tennessee Captive Insurance Association and serve on its Government Relations Committee.
We also have worked with managed care clients on existing insurance coverages and on future placements, including the alignment of insured-insurance company objectives with claims and coverage disputes.
We are active participants in meetings and events held by the National Association of Insurance Commissioners, and members of our practice group are the only Tennessee representatives of the Federation of Regulatory Counsel, Inc., a professional association of insurance regulatory lawyers. We also are listed by AM Best.
Attorneys in our Insurance Practice Group counsel insurance companies, insurance holding companies, health maintenance organizations (HMOs), preferred provider organizations, captive insurers, insurance brokers, insurance agencies, and third-party administrators on corporate and regulatory matters, including development of insurance policies and negotiation of provider contracts.
We represent insurance industry participants in:
- Mergers, acquisitions and dispositions
- De novo formations of stock, mutual and captive insurers
- Shell acquisitions and loss portfolio transfers
- Multi-state regulatory matters, including Form A, Form B, Form C, Form D and Form F filings, and policy form and rate filings
- Administrative proceedings before and informal negotiations with the Tennessee Department of Commerce & Insurance , including the Financial Affairs, Policy Analysis, Agent Licensing and Consumer Insurance Services sections of the Insurance Division and the TennCare Oversight Division
- Legislative matters
- Negotiation of reinsurance treaties and excess policies
- Negotiation on renewal coverages and premiums
- Coverage disputes and other litigation
We have represented Tennessee captives since the late 1970s when first authorized, including the first two captives licensed under the 2011 revisions. In addition to de novo pure and cell captive formations, we handle foreign and alien redomestications. We also advise risk retention groups (RRGs) and purchasing groups, both domestic and offshore, and have significant experience in working with RRGs and captives on various legal, regulatory and tax matters, and operational issues. We are members of the Tennessee Captive Insurance Association and serve on its Government Relations Committee.
We also have worked with managed care clients on existing insurance coverages and on future placements, including the alignment of insured-insurance company objectives with claims and coverage disputes.
We are active participants in meetings and events held by the National Association of Insurance Commissioners, and members of our practice group are the only Tennessee representatives of the Federation of Regulatory Counsel, Inc., a professional association of insurance regulatory lawyers. We also are listed by AM Best.
Experience
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We represented National HealthCare Corporation (Nasdaq: NHC), a leading provider in senior care, in its acquisition of White Oak Senior...
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We represented West Virginia Mutual Insurance Company (WVMIC), the only member-owned medical liability insurance company in West Virginia, in its...
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We represented MSouth Equity Partners, a private equity firm with a focus on lower middle market management buyouts, in its...
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We represented WellCare Health Plans, Inc. (NYSE: WCG) in its acquisition of Medicaid assets of Phoenix Health Plan (PHP) in...
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We represented WellCare Health Plans, Inc. (NYSE: WCG) in its acquisition of Universal American Corp. (NYSE: UAM). The transaction is...
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We represented Starmount Life Insurance Company and AlwaysCare Benefits in the acquisition by Unum for $127 million plus net assets....
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We represented WellCare Health Plans, Inc. in the sale of its wholly owned subsidiary, Sterling Life Insurance Company to Cigna....
Experience
-
We represented National HealthCare Corporation (Nasdaq: NHC), a leading provider in senior care, in its acquisition of White Oak Senior...
-
We represented West Virginia Mutual Insurance Company (WVMIC), the only member-owned medical liability insurance company in West Virginia, in its...
-
We represented MSouth Equity Partners, a private equity firm with a focus on lower middle market management buyouts, in its...
-
We represented WellCare Health Plans, Inc. (NYSE: WCG) in its acquisition of Medicaid assets of Phoenix Health Plan (PHP) in...
-
We represented WellCare Health Plans, Inc. (NYSE: WCG) in its acquisition of Universal American Corp. (NYSE: UAM). The transaction is...
-
We represented Starmount Life Insurance Company and AlwaysCare Benefits in the acquisition by Unum for $127 million plus net assets....
-
We represented WellCare Health Plans, Inc. in the sale of its wholly owned subsidiary, Sterling Life Insurance Company to Cigna....
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.
Professionals
Name | Phone | |
---|---|---|
Nicholas M. Bessette Associate |
(615) 742-7838 | nicholas.bessette@bassberry.com |
Angela Humphreys Member |
(615) 742-7852 | ahumphreys@bassberry.com |
T. Stephen C. Taylor Member |
(615) 742-7758 | staylor@bassberry.com |
Price W. Wilson Member |
(615) 742-7820 | pwilson@bassberry.com |
Publications
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October 23, 2024 | Firm Publication
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May 15, 2024 | Firm Publication
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February 9, 2024 | Firm Publication
Past Events
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December 5, 2019 | Nashville, TennesseeBass, Berry & Sims
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January 18, 2017 | Nashville, TennesseeBass, Berry & Sims
Media Mentions & Firm News
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September 30, 2024 | The M&A Advisor, PitchBook, Legal 500, IFLR1000
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August 30, 2023 | PitchBook, The M&A Advisor, Legal 500
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January 6, 2022 | Firm News
Publications
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October 23, 2024 | Firm Publication
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May 15, 2024 | Firm Publication
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February 9, 2024 | Firm Publication
Past Events
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December 5, 2019 | Nashville, TennesseeBass, Berry & Sims
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January 18, 2017 | Nashville, TennesseeBass, Berry & Sims
Media Mentions & Firm News
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September 30, 2024 | The M&A Advisor, PitchBook, Legal 500, IFLR1000
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August 30, 2023 | PitchBook, The M&A Advisor, Legal 500
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January 6, 2022 | Firm News
Contact
Notice
Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.