David’s extensive insurance industry experience includes both trade association public policy development at the Alliance of American Insurers (later PCI) and achievement, as well as actual “on the line” insurance company CNA Insurance Companies. David’s contacts in the insurance industry are extensive.
At the Alliance (PCI) his experience covered the wide gamut of property/casualty insurance in the areas of law, government affairs and claims. Working with others in the insurance industry, his principal accomplishments included:
- Drafting and successfully obtaining the enactment of significant workers compensation reform in Florida, Illinois, Texas, Missouri, Oklahoma and many other states. These reforms affected every aspect of the workers compensation system, including medical and indemnity benefits, claims management, underwriting and dispute resolution. Reforms saved PCI member companies millions of dollars.
- Providing legal support for efforts in the industry to successfully secure favorable implementation and re-enactment of the federal Terrorism Risk Insurance Act. This included evaluating various proposals and developing alternative proposals. Establishing Insurance Arbitration Forums, a national insurance arbitration facility.
- Playing a major role in performing the necessary research and legal coordination to establish the Institute for Civil Justice, now a part of the RAND Corporation, and I-CAR, a national training facility for the repair of motor vehicles.
He rose through ranks to being a Vice President.
As Vice President and Associate General Counsel of CNA Insurance Companies, he was CNA’s principle regulatory attorney provided legal support for all lines of property/casualty insurance, international, and surplus lines, insurance and reinsurance. In that regard, he managed a team of five attorneys supporting $1 billion in annual commercial insurance premiums. They provided a full range of legal and regulatory compliance services in all 50 states for commercial lines of insurance operations, including CNA’s extensive field offices. Included a wide range of issues, i.e., agent appointment compliance, company licensing, claims settlement and underwriting restriction requirements, market strategy. He was responsible for the selection and management of all CNA’s retained state regulatory counsel.
His principal accomplishments at CNA included:
- Spearheaded company efforts in developing and achieving legislative and regulatory workers compensation reforms, particularly requiring “self-funded” residual markets. Received written commendations from New Mexico and Louisiana governors as well as the State Treasurer in Florida for workers compensation legislative reform efforts.
- Coordinated legal services and business team efforts to transfer the property/casualty insurance policies from one company to another, as part of the largest merger affecting the companies (CNA and Continental Insurance Companies of New York).
- Successfully obtained legislative changes to significantly reform the Massachusetts Commonwealth Auto Reinsurance residual market. Again, reforms were worth tens of millions of dollars in savings to CNA over a span of several years. Worked closely with the Massachusetts Division of Insurance in this regard.
More recently and in addition to his already insurance regulatory experience, David has become involved in appellate practice in Illinois and in the Seventh Federal Appellate Courts, having an impressive of successfully winning appellate victories against Exxon and United States Attorneys’ Office respectively.