Al Bottalico

Insurance Regulatory and Financial Specialist
Norton Rose Fulbright US LLP

Los Angeles
United States
T:+1 213 892 9211
Los Angeles
United States
T:+1 213 892 9211
Al Bottalico

Al Bottalico

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Biography

Al Bottalico works on all aspects of financial regulation of insurance companies, including financial examinations, statutory accounting, auditing, actuarial and California Insurance Code requirements. Al also assists insurance companies in completing various filing requirements such as certificate of authority applications, accredited reinsurer applications, holding company act filings and more.

Al was deeply involved as a regulator with various working groups within the National Association of Insurance Commissioners (NAIC) and worked closely on the creation of the ORSA Model Law, ORSA Guidance Manual, Corporate Governance Model Act and amendments to the Model Holding Company Act, as well as many other projects. He also chaired the NAIC's Financial Examiners Handbook Technical Group for many years.

On the international level, Al participated in the US-EU Dialogue project and discussions regarding the US FSAP reviews, numerous supervisory colleges and is also conversant with Solvency II requirements.

Al has nearly 40 years of insurance regulatory experience which includes his previous position as the Deputy Commissioner of the financial surveillance branch of the California Department of Insurance.


Professional experience

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  • Certified Financial Examiner course program, 1987
  • BBA, California State University, Fullerton, 1977
  • Board of Governors, Society of Financial Examiners
  • State Chair, Society of Financial Examiners – California Chapter
  • NAIC, Numerous Technical Working Groups and Task Forces
  • Certified Financial Examiner (CFE)
  • Former Chair, Financial Conditions Examiners Handbook
  • Certified Public Accountant (inactive)

Insights

Fall 2022 update on US IBTs and Divisions

Publication | October 04, 2022