Charlene McHugh

Senior Counsel
Norton Rose Fulbright US LLP

New York
United States
T:+1 212 318 3020
New York
United States
T:+1 212 318 3020
Charlene McHugh

Charlene McHugh

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Biography

Charlene McHugh has been advising clients on the regulatory aspects of insurance market transactions for over 30 years. Her clients include insurance and reinsurance companies, brokerages, agencies, captive insurers and general corporate clients with insurance-related initiatives. Charlene helps clients navigate through the myriad of state and federal laws affecting their businesses and compliance with these laws. She also handles complex regulatory filings in all US jurisdictions seeking approval for material transactions, such as mergers, acquisitions and other changes in control, demutualizations, assumption reinsurance and loss portfolio transfers. She has extensive experience with all insurance holding company requirements and filings, producer licensing issues, insurance company investments, surplus lines placements and reinsurance. Additionally, she has in-house experience at both a multi-national insurer and an insurance brokerage firm.

Charlene routinely advises both traditional insurers and start-up ventures on InsurTech enterprises, alternate insurance distribution models such as aggregator and digital/app-based platforms and cross-industry affinity/sponsorship arrangements. She also represents clients at state administrative hearings related to insurance transactions, including Form A approvals, and has litigated and mediated commercial litigation matters. As an active participant with the NAIC since 1990, she keeps clients up to date on proposed and newly enacted statutes, regulations and other insurance-related initiatives as well as data privacy and security laws.


Professional experience

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JD, Loyola University, 1998

BA, magna cum laude, George Washington University, 1991

  • New York State Bar
  • The Best Lawyers in America, Insurance Law, Best Lawyers, 2023 - 2025
  • Author, "To Be Determined: Proposed Capital Standards from the Fed for SIFI Insurers Could Have an Impact on Both Stateside and International Regulation", Best's Review (October 1, 2016).
  • Author, "Reinsurance Collateral Reform in the US is Still in a State of Flux", insuranceday (October 17, 2014).
  • Author,​ "A Snapshot of NY's New Insurance Holding Company Law", Law360, New York (August 16, 2013).
  • Co-author,​ "Blueprint for Insurance Reform: the Paulson Plan", Bloomberg Law Reports: Insurance Law (Vol. 2, No. 17, April 28, 2008)
  • Author,​ "Ethical Issues for Insurance Industry Practitioners", New York City Bar Insurance Program, (Co-Chair, October 27, 2006).
  • Author,​ "After the Gramm-Leach-Bliley Act:  The New Federal Privacy Law", Practicing Law Institute (March, 2000).
  • Author,​ "Annotations to Surplus Lines Statutes", Excess, Surplus Lines and Reinsurance Committee of the Tort and Insurance Practice Section of the American Bar Association (Third Ed., 1998).
  • Author,​ "Insurance and Annuity Sales By Banks: Where Does the Road Lead", Public Regulation of Insurance Law Committee of the Tort and Insurance Practice Section of the American Bar Association (Fall, 1995).
  • Insurance Law Committee of the New York Bar Association