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Daniel R. Sovocool



Daniel Sovocool has extensive experience with self-insurance, insurance and guaranty funds of all types, especially workers’ compensation funds. He represents guaranty funds in federal and state court litigation and before regulatory agencies.

What do you focus on?

I represent state guaranty funds, primarily self-insurance funds, in connection with litigation and regulatory matters, leveraging nearly 30 years of experience. Clients include the California Self-Insurers’ Security Fund, the California Insurance Guaranty Association, the National Council of Self-Insurers, and many other industry organizations and groups. Recent matters include the successful collateralization of a large retail self-insurer in a merger and acquisition, recourse litigation against actuaries, directors and officers, and other participants in the conservation of the first failed self-insurance group in California, the ongoing prosecution of claims against more than 100 defendants in connection with a failed self-insured professional employer organization (PEO) established by a Native American tribe, and contribution to the successful resolution of highly contested bankruptcy issues threatening the vitality of multiple state guaranty fund programs.

What do you see on the horizon?

I see an expansion of alternatives to standard insurance structures, including self-insurance, large deductible programs, captives and alternative collateral programs. I see an industry drive toward making guaranty funds more robust, efficient and cost-effective. Broader issues pertaining to self-insurance and guaranty funds will be getting more of a national treatment, as guaranty funds are increasing coordinating toward better outcomes. Privacy and data security issues are becoming more important. Finally, the workers’ compensation arena, I see greater efficiency returning to California, with an ongoing emphasis on return to work, reining in cost, and reducing fraud and waste.

Contact

Daniel R. Sovocool

Partner

San Francisco

Phone: 415-984-8286


Fax: 866-454-2476

Cornell University Law School, J.D., cum laude

Cornell University, B.S.

California

Daniel has been recognized as a "Super Lawyer" by the publishers of the Northern California Super Lawyer magazine for 2004 and 2009. Inclusion in Super Lawyers is based on a peer-review survey.

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