Morgan, Lewis & Bockius has hired Scott Fischer, formerly the highest-ranking insurance regulatory official for New York state, as a partner in its finance team.
Fischer, 46, has been executive deputy superintendent for insurance at the New York State Department of Financial Services since 2016, leading a unit supervising 1,700 insurers. He was initially hired by Department of Financial Services Superintendent Maria Vullo.
Joining Morgan Lewis on July 9, Fischer will represent insurance companies in regulatory, transactional, bankruptcy and restructuring matters. Under ethical rules, Fischer, who left state government this month, is barred from representing a client before the Department of Financial Services for two years.
Fischer was previously special deputy superintendent at the New York Liquidation Bureau, where he managed a staff of about 200 employees overseeing the liquidation proceedings of more than 25 domestic insurers, handling claims eligible for New York insurance security fund coverage and distributing more than $500 million in claim payments and estate dividends. Earlier in his career, he was an associate at several law firms, including Paul Hastings; Orrick, Herrington & Sutcliffe; and Curtis, Mallet-Prevost, Colt & Mosle.