Sam S.F. Caligiuri
Sam Caligiuri represents clients in matters involving the intersection of complex business and regulatory issues. His practice is focused on insurance regulation and transactions, where he counsels insurance and reinsurance clients on various regulatory and transactional matters. Sam has represented clients across the industry, including life, property-casualty, health, and title insurers as well as insurance producers. He has advised clients on matters such as assumption/novation transactions, mergers and acquisitions, product development, formation of new insurers including health insurers, licensing, redomestications, investment law issues, and governmental investigations. Sam has also served as national regulatory counsel for companies offering service contracts and extended warranties and has advised clients with regard to issues involving the insurance laws and regulations of many states.
Sam has extensive experience representing clients before the Connecticut Insurance Department and in matters involving Connecticut insurance law and regulations. Sam has deep knowledge of the Connecticut regulatory and legislative process, having served as deputy legal counsel in the office of the governor from 1995 to 1997 and as a state senator from 2007 to 2011. His legislative work included service as ranking member on the General Assembly's Insurance and Real Estate Committee and as a member of the Regulations Review Committee. As deputy legal counsel, Sam worked with the Connecticut Insurance Department and other state government departments and agencies.
Sam engages in various other insurance-related activities, including as a member of the Federation of Regulatory Counsel and as a former adjunct professor at the University of Connecticut School of Law, where he created and taught a class titled "Regulation of Insurance Transactions".
Sam has used his substantial experience in Connecticut state government to develop a strong practice representing clients in negotiating and closing financing and other financial incentive packages implemented through the Connecticut Department of Economic and Community Development. Sam has worked with a wide variety of clients, ranging from Fortune 500 companies, to hedge funds relocating to Connecticut, to small and mid-sized manufacturing firms looking to expand in the State.
Representation of insurer selling subsidiary in a transaction utilizing assumption reinsurance and requiring regulatory filings and/or approvals in numerous states
Representation of Fortune 500 company in a $26 million Connecticut state grant, loan and tax credit incentive transaction
Representation of a national service provider in a substantial Connecticut expansion involving a $24 million Connecticut state grant, loan and tax credit incentive transaction
Representation of insurer in change-of-control hearings and proceedings
Representation of client considering formation of captive insurance company
Representation of client in insurance department and attorney general investigation
Representation of life insurer in structuring hybrid insurance product, with a focus on compliance with relevant insurance laws throughout the country
Representation of insurance holding company and its subsidiaries in run-off
2003 Impact Award, New Leaders of the Law, presented by the Connecticut Law Tribune
State Senator, Connecticut General Assembly (2007 to 2011)
Candidate for U.S. Congress, Connecticut's Fifth District (2010)
Chairman, United Way of Greater Waterbury Board of Directors (2005 to 2008)
Trustee, Connecticut Community Foundation (2002 to 2006)