Occasionally, insurance companies find themselves in a troubled financial state. When that happens, Michelman & Robinson, LLP is called upon to guide them through the complex maze of regulatory and civil liability associated with this problem. Our unique combination of representing general agents, insurance companies, and brokerages coupled with our financial services practice group permits us to prevent a conservation or liquidation. Michelman & Robinson, LLP assists in finding capital or suitors to begin a viable turn-around of the troubled company.

M&R’s expertise includes the entire regulatory and corporate process. Specifically, our attorneys draft the offers or letters of intent for acquisition of company, filing of the documentation with the Department of Insurance, sale documents, and, if need be, defend against litigation as a result of the troubled financial state.

We routinely provide advice to financially troubled companies and work with the various departments of insurance regulators, in California and other states so as to work out the issues. Nobody likes to see an insurance company go insolvent. When it happens, M&R will counsel the company so as to handle the situation in the most beneficial and effective manner.