|Bar and Court Admissions|
- District of Columbia
- New York
- L.L.M., Georgetown University Law Center, 1977
- M.B.A., University of Pennsylvania, 1974
- J.D., Syracuse University College of Law, 1973
- B.S., Ohio State University, 1970
- Former Board Member, Quanta Capital Holdings, Ltd., a Bermuda-based, publicly traded specialty insurance and reinsurance holding company
- Chaired the Compensation Committee and the Strategic Planning Committee for Quanta Capital Holdings, Ltd.
- Awarded Shell Oil Fellowship to Wharton School of Business, University of Pennsylvania, 1973-74.
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Robert B. Shapiro
Robert Shapiro specializes in corporate, securities and insurance regulatory law at Jorden Burt.
Mr. Shapiro is a highly accomplished insurance attorney whose background encompasses the full spectrum of industry experience. He counsels in the regulatory requirements for various types of life and annuity insurance products. In addition, he has assisted in the formation of some of the largest insurance companies in the world and has been involved in the operation and regulation of insurance companies and insurance producers, as well as in the rehabilitation and liquidation of insurers. He has assisted in numerous merger and acquistion transactions involving insurance companies and insurance producer firms.
He has represented clients before all of the large states' insurance departments on many issues, including obtaining approval for the issuance of life and annuity products, and insurer mergers and acquisitions, as well as threats against licenses. He has represented insurers before state insurance departments on disputes involving financial examinations. He has also represented insurers before Congress, the Treasury Department's Surety Bond Branch, the Federal Reserve Board, the Comptroller of the Currency, the Federal Deposit Insurance Corporation and state legislatures in such areas as qualifying for and maintaining a Treasury Listing, insurance product credit enhancement, insurer solvency regulation, the McCarran-Ferguson Act, financial services deregulation, taxation, rating classifications, insurer profitability, licensing and new products.
In addition, Mr. Shapiro has worked on regulatory issues related to service contract reimbursement plans under N. Y. Insurance Department regulations, and other states' insurance and insurance related laws. He served as counsel for the buyer in the sale and purchase of one of the largest service contract providers in the United States, dealing with numerous state regulatory agencies attempting to characterize the firm as an insurance company.
Mr. Shapiro practiced with The Bernstein Law Firm in Washington, D.C. and New York City for over 22 years. Prior to entering private practice, he served from 1979-1982 with the American Insurance Association as senior counsel in the areas of investment regulation, taxation and Treasury Department regulation of surety bonds. He served as an attorney/advisor with the Securities and Exchange Commission in the Corporation Finance and Investment Management Divisions, working in the insurance products and mutual funds area from 1975-1979.
- Recently closed on two acquisitions of large property/casualty insurers, where the Buyer was represented in both cases.
- Provides extensive M & A work for the insurance industry.
- Recently asked to serve on the Board of Directors of a large offshore publicly traded property/casualty insurance holding company, which writes a lot of reinsurance as well as insurance.
- Most recently involved in the audit of various insurance brokerage firms on behalf of a large commercial client with several types of coverages through a number of different insurance brokerage firms.
Speeches and Publications
- Author: "Making Sense of Medical Loss Ratios under the Patient Protection and Affordable Care Act" in Navigating Health Care Reform: A Practical, Affordable, Readable Guide, ALI-ABA, 2011
- Author: "State Regulatory Developments, Compensation Disclosure, Insurable Interest, and Product Filings," Published by ALI-ABA as part of course materials for November 2005 Conference on Life Insurance Products