Thomas E. Hampton is a Senior Advisor with Sonnenschein's Insurance Regulatory Practice.
Mr. Hampton has over 20 years of executive experience in all areas of insurance company regulation, operations, financial management, audit and investigations. He came to Sonnenschein Nath & Rosenthal LLP from his position as Commissioner for the D.C. Department of Insurance, Securities and Banking where, most recently, he was responsible for providing oversight and direction of the agency that regulates all financial service industries in D.C., enforcing all laws relating to the conduct of financial services activities, and representing the Department on several national associations of state financial service regulators including the National Association of Insurance Commissioners (NAIC), North American Securities Administrators Association (NASAA), and Conference of State Bank Supervisors. Mr. Hampton also has significant experience in managing, directing, and supervising regulatory financial examinations, financial statement audits, internal audits, fraud investigations, and regulatory compliance examinations. Prior to his tenure as a regulator, he worked in the financial departments of CIGNA and American International Group.
Mr. Hampton was an active participant in the NAIC, serving as Chair to several working groups and Committees relating to financial issues, life insurance and risk retention groups. He was a member of the NAIC Executive Committee and served as Chair of the Principles Based Reserving Working Group and the Capital and Surplus Relief Working Group. Mr. Hampton was an active member of the Risk Retention Group Task Force, the Life 'A' Committee, the Financial Condition Committee and the Solvency Modernization Initiative Task Force.
Mr. Hampton participated in NASAA committee and working groups dealing with suitability and supervision of broker dealer firms and representatives, affinity fraud and coordinated a meeting between state insurance and securities regulators on the equity indexed annuity 151a issue. Mr. Hampton also participated in state banking regulators meetings on the implementation of the national mortgage licensing system.