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Insurance Compliance and Regulatory

Location:
Buford, GA, 30519
Posted:
May 28, 2020

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Resume:

Steven (Steve) C. Adams

**** ********* *****, ** *****

(M) 770-***-****

addgqm@r.postjobfree.com

PROFESSIONAL PROFILE

Established insurance executive with extensive experience at both private and public companies, including start up and established operations, assisting clients in achieving operational goals and objectives while maintaining compliance with state and federal laws and regulations. Demonstrated integrity with strong collaborative and communication skills and a proven ability to design solutions within acceptable regulatory and business risk tolerances.

AREAS OF INSURANCE EXPERTISE

Facilitation of Start Up Company Product, Process and Organization · UCAA Filings · Regulatory Compliance · Product Design/Filings · Contract Drafting and Negotiation · Consumer Protection · Company annual renewal filings · Employee Relations Law · Claims Litigation ·NAIC Relationship Management

PROFESSIONAL EXPERIENCE

2016-PRESENT

E-Discovery Work for United Lex, Various consulting jobs, handled some Immigration Cases and some

Work for some small businesses. I am Chairman of Trustees of a Workers’ Comp Fund and the Trustees

are in the process of dissolving that Fund and paying monies to eligible former members.

Associate General Counsel October 2006 - 2015

XL Catlin, Inc. Atlanta, GA

Associate AG and Secretary

Assistant Secretary

Secretary and Director

Catlin Insurance Company, Inc.

Catlin, Inc.

Catlin Underwriting, Inc.

Catlin Specialty Insurance Company

Catlin Indemnity Company

Responsible for legal and compliance support for the US Hub ($1.6 B GWP,2014)

As part of establishing Catlin US in 2006, managed the legal and compliance integration of Wellington, specifically the completion of the Form A filing in DE in approximately 30 days.

Filed and negotiated for admission in in over 30 states for 3 separate entities.

Served as the company liaison with the state insurance departments for Market Conduct and Financial Examinations. Most recent exams from Texas and Delaware reported no material findings and $0 in fines.

Established and managed the company complaint handling process.

Developed the annual renewal process for the above identified companies.

Conducted targeted reviews of renewal documentation and tax filings on an annual basis.

Directed the policy certification process for claims and other operating units.

Monitored and managed the legal issues, process and external resources involved in the collection process of both audit premiums and deductibles.

Managed the service of suit process, including the documentation and workflow.

Filed the necessary regulatory forms (Form Bs, etc.) for the above named companies, including coordinating and filing ERM reports where required.

Conducted contract review for all US Hub contracts (clients, TPAs, vendors, etc.)

Litigated matters for the company as needed (most recent was a successful settlement with a logistics vendor.)

Maintained relationships with various state insurance departments on behalf of the company.

Provided ad hoc claims review upon request from claims management.

Served on multiple management committees (401K Investment Committee, US Program Group, etc.)Vice President (General Counsel and Assistant Secretary) January 2003 – October 2006

Maxum Specialty Insurance Group Atlanta, GA

Responsible for all in-house legal activities as well as regulatory compliance for a start up company (GWP $100M.)

As part of founding the company, created the Maxum Legal Department to support the launch of the new company.

Established processes to support the annual renewals, Form A, B and D filings, admissions process

Created and maintained all corporate records and Board communication

Managed the admissions process in multiple states, negotiating with regulators in order to secure admission

Represented the company in multiple external government relations associations and organizations

Provided business unit legal support, specifically to HR and Claims

President and General Manager November 1996 – January 2003

Golden Isles Underwriters Atlanta, GA

Directed operations for a general agency producing workers compensation, garage liability and general liability business for an A rated carrier.

Coordinated and managed all regulatory and legal matters necessary for the formation of the company.

Managed outside counsel with respect to deductible collections and audit premiums.

Brought external legal activities in house in 2001, establishing processes and procedures for the new department.

Provided HR legal support to the company.

Supporting the onsite claims department by providing a legal claim file review.

Represented the company with the GA Legislature, attending most House and Senate Insurance Committee meetings.

Served as Industry Member of the Study Committee for the House Insurance Committee.

Prepared Bills of Interest to the industry for certain House and Senate Members for sponsorship.

Private Practice Lawyer January 1989 – October 1996

Marietta, GA

Provided general practice law with emphasis on Insurance Regulatory matters.

Filed rates and forms for various insurance companies supporting multiple products.

Managed contract support for agent and agency matters for both admitted and non-admitted companies.

Supported companies through admitted and non-admitted admissions and formations as well as matters regarding receiverships.

Candidate for Georgia Insurance Commissioner 1990 General Election

Director (Corporate Secretary and Regional Compliance Officer) January 1983 – January 1989

Alexander Howden Group Atlanta, GA

Conducted all form and rate filings for multiple products in 47 states.

Coordinated state market conduct and rate examinations.

Maintained corporate licensing in all states.

Maintained corporate records.

Managed government relations.

Assistant Deputy Insurance Commissioner, Rating Division April 1972 – August 1982

Georgia Insurance Department Atlanta, GA

Reviewed all rate and form filings (including GA auto insurance plan (assigned risk) filings) prior to interrogatories with insurance companies for compliance with state regulations.

Issued warrants for conduct of rate examinations and reviewed all rate examination results.

Wrote rules and regulations for the GA Auto Insurance Plan.

Represented the GA DOI on the GA Auto Insurance Plan governance committee.

Reviewed and revised all written analysis of all state and federal legislation affecting the P&C Division.

Responsible for the review and approval / disapproval of all extended warranty plans, consent to rate, individual risk and unique type risk filings.

Teacher and Coach October 1970 – April 1972

Thomaston School System Thomaston, GA

Taught middle school history and physical education

Head Coach for both boys and girls basketball

EDUCATION

Atlanta Law School Atlanta, GA

Juris doctorate 1988

Georgia State University Atlanta, GA

Graduate courses in secondary education Degree not completed

University of Georgia Athens, GA

AB Political Science 1970

APPLICATIONS / LANGUAGES

Applications:

Windows, MS Office suite

AREAS OF INTEREST

Asian culture; traveling; golf; tennis



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