Overview
With a legal career spanning more than four decades, Barry Leigh Weissman offers significant insurance and reinsurance industry experience. He represents various forms of insurance and reinsurance entities in regulatory proceedings, transactional matters, and dispute resolution including arbitrations, mediations, and litigation in state and federal courts. His clients have included national and international corporations, banking and financial institutions, insurers, reinsurers, captives (on and offshore), insurance and reinsurance intermediaries, risk purchasing and retention groups, and departments of insurance. On behalf of departments of insurance, his work has included representing insurance companies in regulatory matters such as Form A's, acting as liquidator and rehabilitator of troubled insurance companies, and representing commissioners in various legal actions.
In the 45-plus years Barry has been practicing law, he has worked on various complex and diverse matters, including formations, capitalizations, mergers, acquisitions, portfolio transfers, insurance-linked securities, commutations, restructurings, and receiverships. He has also been instrumental in working with clients on their operational and regulatory needs, including global licensing issues and policy drafting as well as participating in legislative activities in order to achieve the results desired by clients. His legislative activities include working as part of the team that drafted the California Risk Retention Act, and the Cumis legislation (regarding insurance companies’ use of separate counsel when their interests potentially conflict with those of their insureds), and serving on the California State Senate Advisory Commission on Malpractice Insurance.
Clients appreciate that Barry Weissman "is very business-oriented and experienced, he knows a lot of people and connects well with them. He provides hands-on advice and thinks outside the box." He is a market-leading adviser with extensive experience across transactional and regulatory matters affecting the reinsurance sector.
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