Barnett D. Ovrut

617.737.1800
bovrut@ferriterscobbo.com
Barnett D. Ovrut
Get Vcard

I have been engaged in the practice of law since 1977, and previously worked at Ferriter Scobbo from May 2002 to August 2007.  From August 2007 to March 2016 I worked as Associate General Counsel for Lexington Insurance Company and as a member of the American International Group law department, where my responsibilities involved representing Lexington and its affiliated insurance agencies on regulatory matters.

My main areas of practice at Ferriter Scobbo are business and commercial law. I work primarily with insurance agents, insurance companies, and other insurance-related businesses on corporate, regulatory, transactional and employment matters.

In the Boardroom

A substantial portion of my time is focused on providing legal counsel, advice and services to insurance companies and agencies on corporate, regulatory and transactional matters. I have represented insurance companies in transactions and related regulatory proceedings involving licensing and authorization; mergers, acquisitions of control, and demutualization’s; rate and policy form filings; compliance matters; market conduct examinations; and holding company filings.  My work on behalf of insurance agencies includes the provisions of legal services with respect to corporate and limited liability organization; licensing; acquisitions, mergers, sales, and perpetuation; preparation of employment and brokerage contracts; and compliance matters.   By reason of my work at Lexington Insurance Company and AIG, I have significant and unique experience with respect to insurer and brokerage surplus lines issues.

In The Courtroom

Though I am not a litigator, I work with my clients to recognize, understand and avoid business situations and circumstances that may give rise to lawsuits.  Where a client may unfortunately be involved in a lawsuit, I assist the Ferriter Scobbo attorneys who are skilled in handling litigation matters to address the issues involved.  I have significant experience representing insurance companies and agencies in insurance department administrative hearings concerning holding company issues and compliance matters.

In the Statehouse

I advise my clients on how current and proposed statutes and regulations impact and effect their business operations, and how to transact business in compliance with applicable law.  I have drafted insurance-related legislation and regulations on behalf of insurers and agencies.  During my tenure with Lexington Insurance Company and AIG I was involved in the preparation and negotiation of legislation in California and Texas that modified longstanding requirements in those states concerning surplus lines brokerage filings. 

I am married with two adult daughters and three grandchildren.  I have resided – and continue to reside -- in Foxborough, Massachusetts, where I have been actively involved in various community and municipal activities.  The latter includes more than twenty years of service on the Town of Foxborough Zoning Board of Appeals, of which I currently serve as chairman.  

Education

  • Boston University School of Law, Boston, MA:  Masters of Tax Law
  • New England School of Law, Boston, MA:  Juris Doctor (Summa Cum Laude)
  • Member, New England Law Review
  • University of Rochester, Rochester, NY:  Master of Arts in History
  • Clark University, Worcester, MA: Bachelor of Arts (Cum Laude with High Honors in History)

Bar Admissions & Organizations

  • United States District Court for the District of Massachusetts
  •  Massachusetts State Bar

Related Practice Areas

Contracts
Corporate Governance
Employment Law
Insurance Business Practice
Mergers and Acquisitions 

 

Ovrut