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Frederick J. Pomerantz, Esq.
Frederick J. Pomerantz, Esq.
INSURANCE LEGAL & REGULATORY CONSULTING, PLLC
(516) 297-3101
dbo.fn jc Profile(vBoNetContact.ID)
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Frederick J. Pomerantz, Esq.
INSURANCE LEGAL & REGULATORY CONSULTING, PLLC
35 Fairview Ave. Great Neck, NY 11023 UNITED STATES
(516) 297-3101
Ass'n of the Bar of the City of New York 42 West 44th St. New York, NY UNITED STATES
Regulatory Cnsl Mbr
Business Transactions, Legislative, Regulatory
New York
Bio
I am an AV rated Attorney (Martindale Hubbell) with a 40 year record of achievement advising U.S insurers. and alien insurers doing business through U.S. subsidiaries, coast-to-coast as well as producers, in corporate transactions and regulatory compliance matters. 

I have served (and still serve) as a regulatory counsel and trusted advisor to clients of two Law360 Top 20 Global Law Firms, applying my skill and negotiation talent with most state insurance regulators in small assignments as well as large-scale business transactions. I am also an M&A generalist: stock sales, asset sales; private; public; forming companies of all kinds and in all businesses. Corporate clients, domestic and international, that I originated over the many years I practiced in three Manhattan-based insurance law firms, and significant clients have followed me from firm to firm and, now, to my new home-based solo practice., Insurance Legal & Regulatory Consulting, PLLC 

For my clients, I am engaged in researching, and continually analyzing updates to, issues in all 50 state insurance laws and regulations related to restriction on shareholders, sales and intermediaries, penalties, and other issues (including ESG/DEI) and expected amendments including all sub-issues thereunder, utilizing rules, statutes, law, regulations, NAIC assessments, state legislative materials, circular letters, and other similar resources; drafting notes on findings and drafting updates to summaries/surveys pertaining to my findings and publishing the ones most interesting to my clients in the U.S and overseas.

Expertise in:

• Corporate Transactions, governance and regulatory compliance
• Licensing, accrediting, qualification certification and passporting
• Due Diligence
• M&A, asset acquisitions and other insurance company and producer transactions
• Restructurings, including redomestications and alien branch domestication
• Offshore insurers and reinsurers
• Dodd-Frank Act and U.S. federal regulation of insurers and affiliates
• European Union and other international compliance matters
• Corporate governance matters
• Regulatory investigations and expert witness work

Most recently, I have counseled clients on the progress of NAIC group capital calculation model legislation for insurers, specific state legislation on privacy issues, issues in race and insurance, now including forthcoming anticipated new challenges (as of 1/20/2025) for the NAIC and its member insurers (and state insurance departments and legislative bodies) regarding requirements for reporting on diversity equity and inclusion ("DEI") in hiring, the granting of virtual currency licenses available to financial services providers, the use of blockchain analytics in insurance underwriting, cybersecurity rules applicable to insurers in various states,  and other contemporary issues impacting insurers and other financial services providers.

My solo practice affords me the most freedom to best service longtime clients, as well as to pursue new clients and to continuously expand my successful, longstanding insurance transactional and regulatory practice, both nationwide and internationally, with less overhead and at more reasonable billing rates. 

In addition, I have a national, as well as a local, network of equally capable and experienced regulatory/compliance practitioners ready, willing and able to assist on larger scale assignments. As a result, wherever I am across the nation or across the globe, I am available and reachable 24/7/365. 

Having served as 2020 President and Chair of the Federation of Regulatory Counsel, Inc. https://www.forc.org/, I continue to serve FORC in 2023 as a Vice President and as Chair of the FORC Membership Committee, Chair of the FORC Bylaws Committee, and as a member of the FORC Admissions Committee and its Branding Committee. I am also a member of the Journal of Reinsurance Industry Advisory Panel (International Reinsurance Underwriting Association) as well as liaison between FORC and IRUA. 

A frequent contributor to industry publications, I am, among others, a Co-Author of “Lloyd’s in the United States,” Ch. 80, New Appleman on Insurance Law Library Edition, 2016 and a contributor to three chapters on the U.S. and international regulatory environment, of recently updated Reinsurance Professional's Deskbook, 2017-2018 ed., Thomson Reuters and DRI, 2017 and author of 200+ insurance journal articles internationally (including in the US, UK, Japan and Argentina).

Finally, I am  a member of the Insurance Law Committee of the Association of the Bar of the City of New York (City Bar) and a  member of its Legislative Subcommittee. Further, I am also a member of several professional networking groups. 

Some representative clients:

Meiji Yasuda Japan
Amica Mutual Insurance Company
Thorn Creek Insurance Agency
LIO Insurance
American Insurance Services of Pa, LLC

Published Articles

TitlePublish Date
UPDATE ON SURPRISES IN EMERGENCY MEDICAL CARE AND OTHER SURPRISE MEDICAL BILLS8/6/2021
REVIEW OF THE STATES' SURPRISE BILLING LAWS AND EFFORTS TO FIND A SOLUTION TO SURPRISE BILLING IN NEW YORK AND ON THE FEDERAL LEVEL8/13/2020
TAKEAWAYS FROM OCTOBER 18, 2018 AETNA PUBLIC HEARING AT NEW YORK DFS11/7/2018
THE IMPACT OF THE CURRENT ADMINISTRATION ON THE FIO AND DODD-FRANK12/15/2017
NEW YORK’S CYBERSECURITY REGULATION: A PRACTICAL GUIDE3/23/2017
CEASE AND DESIST: IS THIS THE BEGINNING OF THE END FOR CONCIERGE MEDICINE PRACTICES?11/1/2016
NEW RULE REQUIRES NONADMITTED ATTORNEYS TO BE ADMITTED PRO HAC VICE TO REPRESENT CLIENTS BEFORE THE CONNECTICUT INSURANCE DEPARTMENT9/1/2016
NEW RULE REQUIRES NONADMITTED ATTORNEYS TO BE ADMITTED PRO HAC VICE TO REPRESENT CLIENTS BEFORE THE CONNECTICUT INSURANCE DEPARTMENT9/1/2016
EU-US COVERED AGREEMENT ON REINSURANCE COLLATERAL: POSSIBLE IMPACT ON SURPLUS LINES?3/1/2016
AUTO INSURANCE TELEMATICS DATA PRIVACY AND OWNERSHIP9/1/2015
HOW INSURANCE COMPANIES SHOULD REACT TO THE NEW NAIC CORPORATE GOVERNANCE ANNUAL DISCLOSURE LAW AND REGULATION GIVEN THE EXISTING ENTERPRISE RISK FRAMEWORK7/1/2015
DESPITE THE BEST OF INTENTIONS, PAVING THE WAY FOR THE NEXT FINANCIAL MELTDOWN: GETTING READY3/1/2014
A CALL FOR FORWARD-LOOKING DISASTER RISK EVALUATION AND GREATER PRIVATE SECTOR INVOLVEMENT AMID SURVEYS, ESTIMATES AND STATISTICS9/1/2013
USE OF HURRICANE DEDUCTIBLES IN THE NORTHEAST STATES7/1/2013
NY DEPARTMENT OF FINANCIAL SERVICES INVESTIGATES LIFE INSURANCE INDUSTRY’S USE OF CAPTIVE REINSURERS WHILE NAIC APPROVES USE OF "PRINCIPLE-BASED RESERVING" TO ADDRESS "REDUNDANT RESERVES"3/1/2013
NEW YORK REGULATORY ISSUES IN THE WAKE OF SANDY11/1/2012
NRRA GROWS UP FAST11/1/2011
DIRECT PROCUREMENT: RECENT DEVELOPMENTS IN THE LAW7/1/2011
COMPLYING WITH NEW MEDICARE REPORTING REQUIREMENTS APPLICABLE TO LIABILITY INSURERS AND SELF-INSURERS7/1/2009
WHAT ACTIVITIES ARE PERMISSIBLE BY UNLICENSED AGENTS OR BROKERS IN NEW YORK3/1/2005

Published Alerts

TitlePublish Date
Privacy Protections for Oregonians Are Stronger Under Legislation Passed May 21, 2025 in the State Senate5/22/2025
NETWORK ADEQUACY AND ACCESS STANDARDS FOR MENTAL HEALTH AND SUBSTANCE USE DISORDER TREATMENT SERVICES3/21/2025
PROPOSED THIRTEENTH AMENDMENT TO 11 NYCRR 60-1 (INSURANCE REGULATION 35-A) MINIMUM PROVISIONS FOR AUTOMOBILE LIABILITY INSURANCE POLICIES3/21/2025
2024 Annual Public Hearing on Prescription Drug Prices11/11/2024
Oregon Division of Financial Regulation Warns of Investment Affinity Fraud Scams11/11/2024
The Indiana DOI Announces All Payer Claims Database Website11/11/2024
Georgia Access to Launch a State-based Exchange in November to Replace Healthcare.gov11/11/2024
NOTICE TO INDUSTRY: Florida Law Reminder for Early Prescription Refills 10/6/2024 Published: Oct 6, 202411/11/2024
New Portal Established for Catastrophe Reporting Resources and is Currently Available11/11/2024
The Oregon Division of Financial Regulation Announces Proposed Rulemaking5/30/2024
The Oregon Division of Financial Regulation Announces Proposed Rulemaking5/29/2024
Oregon Division of Financial Regulation (DFR) Reaches Settlement Agreement in Principle with Cryptocurrency Asset Platform5/29/2024
Oregon Division of Financial Regulation (DFR) Issues Fine Against Large Prominent Insurance Carrier5/29/2024
New York Becomes First State in the Nation to Create Paid Leave Program for Prenatal Care; Separate from Existing 12 Weeks of Paid Family Leave, and Other Maternal Healthcare Initiatives5/29/2024
Proposed Insurance Circular Letter3/18/2024
Insurance Circular Letter No. 1 (2024)3/18/2024
Pennsylvania: Eliminating Cancer Screening Out-of-Pocket Costs3/18/2024
DIRECTIVE 23-EX-1: Annual Submission of Mental Health Parity and Addiction Equity (Including Autism Spectrum Disorder) Data Call3/18/2024
Data Brokers Operating in Oregon Must Register with the Oregon Division of Financial Regulataion1/31/2024
New York DFS Decision Upholding Modernized Check Cashing Regulation Press Release1/31/2024

Positions in FORC

CommitteePosition
OfficersVice President
Membership CommitteeMembership Committee Chair