Kammer and Bahadoran Author Article on Florida’s New Captive Insurance Law
Ronald L. Kammer and Sina Bahadoran, Partners in the Miami / Coral Gables office of Hinshaw & Culbertson LLP, authored the article, “Captive Insurance Companies May Not be a Panacea,” which appeared in the July 3, 2012, edition of the Daily Business Review. The article discusses Florida’s new legislation that allows businesses to form their own captive insurance companies and highlights the advantages and disadvantages of using this approach.
Mr. Kammer is co-leader of Hinshaw’s Specialty Litigation and Insurance Coverage Department, Partner-in-Charge of the firm’s Miami office, and national co-chair of the American Bar Association (ABA) Section of Litigation’s Insurance Coverage Litigation Committee. He represents insurers nationally and has been involved in many significant cases that interpreted a carrier’s duty to defend and indemnify; breach of policy conditions; claims involving bad faith and unfair and deceptive trade practices; and coverage obligations for construction defect, pollution, trademark and patent infringement claims. Mr. Kammer also handles first- and third-party coverage disputes and advises insurers and policyholders on issues involving policy interpretation, claims handling practice and procedures, and the drafting of insurance policy provisions.
Mr. Bahadoran is a member of Hinshaw’s Executive Committee and represents insurers in complex insurance coverage disputes and common law and statutory bad faith litigation. His emphasis is on CGL, E&O, OCIP, CCIP and D&O policies involving architects, contractors, directors and officers, engineers, lawyers and physicians. Mr. Bahadoran also handles corporate insurance transactions, insurance regulatory matters, class actions and market conduct claims. He serves as regional counsel to several insurers, advising them on matters including policy drafting, legislative reform, and efficiency in their claims-handling protocol. Mr. Bahadoran is co-chair of the CGL Subcommittee of the ABA Section of Litigation’s Insurance Coverage Litigation Committee.
Access the full article, “Captive Insurance May Not Be a Panacea.”