February 6, 2023

Volume XIII, Number 37

Patrick D. Hughes

Pat Hughes is a strategic advisor, public policy advocate and regulatory attorney for insurance industry clients across all product lines and services. Clients turn to Pat when important regulatory, legislative and policy matters in various arenas — state and federal agencies, the NAIC, legislatures and international regulatory bodies — create challenges or opportunities for their businesses. He leverages a dynamic, multi-jurisdictional FaegreBD team that is able to deploy proactive national and local regulatory and public policy strategies where clients’ needs are most complex and significant.

Former Senior Insurance Regulator and Attorney...

Pat served 10 years as a senior regulator and attorney with the State of Illinois. His experience includes:

  • General Counsel to the Department of Financial and Professional Regulation, which then included the Division of Insurance.
  • Chief Legal Counsel to the Office of the Governor, where he oversaw regulatory affairs and directed legal representation for 45 executive branch agencies and several hundred attorneys and outside counsel.
  • Special Deputy Receiver and CEO with the Office of the Special Deputy, administering the receiverships of 47 companies in liquidation, rehabilitation and conservation.
  • NAIC leader, chairing NAIC working groups on critical issues, including Dodd-Frank implementation and complex receivership oversight.

...With Broad Private Sector Legal and Consulting Experience

Before joining the firm, Pat led the U.S. insurance regulatory practice and co-led the international insurance regulatory services team for a global consulting firm. He has also practiced litigation and commercial transactions, starting his career in commercial litigation at Kirkland & Ellis.

Articles in the National Law Review database by Patrick D. Hughes