PHILADELPHIA – Stradley Ronon Insurance Financial and Regulatory Specialist Stephen J. Johnson was recently named the 2017 Person of the Year by the Association of Insurance and Reinsurance Runoff Companies’ at the 13th Annual Commutations and Networking Forum on Oct. 16 in New Brunswick, New Jersey. Johnson was recognized as an international thought leader in the insurance and reinsurance runoff business. In presenting the award, AIRROC’s board member Katherine Barker acknowledged Steve’s credentials and significant experience. “This year’s award winner – as described by their nominator – is someone known for his abilities to balance market and administrative solutions that resulted in more efficient mechanisms to wind down estates to the benefit of policyholders and taxpayers,” said Barker.
Johnson, who previously served as Deputy Insurance Commissioner of the Pennsylvania Insurance Department, advises on insurance and insurer-related financial transactions with a focus on identifying and addressing insurance regulatory issues. He works with clients on the insurance regulatory implications of mergers, acquisitions and joint ventures; implementation of new regulatory requirements; reviewing transactional documents for insurance regulatory issues and possible alternatives; designing and developing presentations to regulators; and creating and assessing workout options for troubled companies.
About Stradley Ronon
Counseling clients since 1926, Stradley Ronon has helped private and public companies – from small businesses to Fortune 500 corporations – achieve their goals by providing pragmatic, value-driven legal counsel. With offices in eight strategic locations, our responsive team of more than 200 attorneys seamlessly addresses the full spectrum of our clients’ needs, ranging from sophisticated corporate transactions to complex commercial litigation.