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New York insurance official joining law firm

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New York insurance official joining law firm

Morgan, Lewis & Bockius L.L.P. on Monday said Scott Fischer, executive deputy superintendent for insurance at the New York State Department of Financial Services since 2016, will join the law firm’s insurance industry team in its New York office July 9.

Mr. Fischer will focus on restructuring and bankruptcy issues involving insurance companies as well as insurance transactional and regulatory compliance, the statement said.

He also is expected to assist Morgan Lewis’s team in Hartford, which works extensively on matters involving troubled insurers.

Previously, he was the special deputy superintendent at the New York Liquidation Bureau, handling claims eligible for New York insurance security fund coverage, the statement said.

“I am delighted to welcome Scott, who has been the top regulator in one of the most active and important insurance oversight offices in the United States,” firm Chair Jami McKeon said in the statement. “His arrival will immediately enhance our ability to serve insurers, as well as other corporate clients, on regulatory, restructuring, and transactional matters across the country.”

“Scott’s multifaceted familiarity with the insurance industry, his management background overseeing large government agencies, and his experience in private practice makes him a valuable resource to clients seeking our advice in a wide variety of matters,” Jonathan Bernstein, leader of Morgan Lewis’s finance practice, said in the statement.

 

 

 

 

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