NEW YORK – Troutman Pepper Locke advised Risk Administration Services (RAS), a South Dakota-based risk management advisor and workers’ compensation insurance writer, in the sale of its service and operating companies to Maine Employers’ Mutual Insurance Company (MEMIC). For more information, see the press release.
RAS serves as attorney-in-fact to reciprocal insurer, Dakota Truck Underwriters, as well as has a controlling interest in First Dakota Indemnity Company. The transaction closed following receipt of applicable regulatory approvals.
The Troutman Pepper Locke team that advised RAS included John Emmanuel, Alan Levin, Will Barnard, Ryan Last, Brooke Labonski, Van Jolas, Buddy Sanders, Moya McKenna, Robin Shaughnessy, Glenn Pudelka, Andrew Nelson, John Nelson, Ed Razim, Laura L. Ferguson, Nick Scott, Megan Clifford, and Carla Hines.
Troutman Pepper Locke’s Insurance Transactional and Regulatory Practice navigates the complex landscape of insurance laws, regulations, and corporate transactions. The team provides strategic counsel to insurance companies, reinsurers, brokers, and other industry stakeholders, ensuring compliance with regulatory frameworks while facilitating mergers, acquisitions, capital raising, restructurings, and innovative market entries. By combining deep experience with industry insights, Troutman Pepper Locke empowers clients to achieve their business objectives while mitigating risks in a highly regulated sector.
Troutman Pepper Locke
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