As a leader of Goldberg Segalla’s insurance regulatory team, Colleen M. Murphy taps into her deep insurance regulatory experience to successfully handle domestic and international insurance and reinsurance regulatory issues and transactions. Representative transactions include leading the team that helped Mitsui Sumitomo close a $350 million cross-border Insurtech acquisition.

A significant part of Colleen’s practice includes representing insurers, insurance agents and brokers, excess and surplus lines brokers—both life, accident and health, and property and casualty—third party administrators, and independent adjusters, in insurance regulatory and licensing matters as well as consumer complaints, in state insurance departments across the country. She also represents brokers before FINRA, where she has successfully expunged records and favorably resolved enforcement actions.

Over the past 25 years, Colleen has represented hundreds of insurance agents and brokers in complex matters, and brings a deep understanding of their business concerns, the regulatory climate surrounding the industry, their errors and omissions (E&O) risks, and the contractual agreements and relationships with their carriers and insureds. Her longstanding winning track record includes proven results in court, mediation, and alternative dispute resolution. She has taken the lead role in joint defense groups in complex multi-party litigation.

Colleen has performed independent internal insurance investigations, loss control audits, rewritten agency contracts, and gone to bat for agents and brokers’ insureds in contentious coverage disputes. Her clients rely on her to provide strategic counsel on risk management, E&O loss control, regulatory matters, and other big picture issues affecting their businesses. As a nationally recognized authority on the defense of insurance agents and brokers in E&O lawsuits, Colleen has been called on to successfully defend these clients in hundreds of E&O lawsuits in numerous states, including New York, Pennsylvania, New Jersey, Connecticut, Illinois, Maine, South Carolina, and Tennessee.

In addition to her insurance agents and brokers defense and regulatory practice, Colleen focuses on the defense of a range of professionals in malpractice and other liability claims. She has successfully defended clients including third-party administrators, trust administrators, independent adjusters, engineers, financial professionals, accountants, IRS enrolled agents (EA) and tax preparers, real estate agents and brokers, and miscellaneous professionals. She has also defended debt collectors—including student loan debt collectors—and other entities in the debt business in a range of professional liability claims and class-action lawsuits brought under the Fair Debt Collection Practices Act (FDCPA).

Colleen’s expertise is frequently called on in complex insurance coverage and bad faith litigation across the country. She has worked extensively alongside Thomas Segalla, author of the renowned insurance law treatise Couch on Insurance 3d, on numerous matters in which he was retained as a bad faith and insurance coverage expert by major insurance carriers and policyholders in jurisdictions across the United States. Colleen also counsels and defends clients including sureties, stop loss insurers, plan administrators, insurance agents and brokers, and trustees in the context of civil litigation, arbitrations, and regulatory actions arising out of all forms of self-funded health plans, under ERISA as well as municipal self-funded plans.