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A.J. HERBERT III

A.J. Herbert III chairs the Insurance Regulatory Services, Managed Health Care Industry Services – Transactional and Regulatory, and Corporate Law practice groups at Taggart Morton, L.L.C. Mr. Herbert has been involved in the representation of insurers, financial institutions, and health care industry stakeholders for over 20 years, in both Louisiana and Texas. He is experienced in a wide variety of the issues affecting these industries, including formations; dissolutions; mergers and acquisitions; the regulatory approval processes for all facets of company licensing; Form A-D filings; agent, producer and broker licensing issues; examination issues; corporate law and governance issues; compliance; fraud and abuse; MNRO and TPA licensing; holding company regulation; and “best practices” compliance. He is knowledgeable of regulatory issues affecting these industries on both the federal and state level, including Medicare, Medicare Advantage, Medicaid, and Medicaid managed care, as well as self-insurance issues. He has drafted numerous contracts for use in the banking, insurance, and healthcare fields, including provider agreements, management services agreements, and ancillary services agreements. He has published several articles on financial institution law, and given numerous lectures relating to insurance regulation, including to the Conference of Certified Fraud Examiners, on his experiences relating to insurance fraud matters while serving as outside counsel to the Louisiana Department of Insurance.

Mr. Herbert is also experienced in general corporate and business law matters, and as such, has counseled clients with respect to choice of business entity; formation; dissolution; corporate governance issues; and the negotiation of employment agreements; confidentiality and non-disclosure agreements; buy-sell agreements; shareholder agreements; bylaws and operating agreements; and corporate succession planning. He has given several lectures on fiduciary duty issues for directors and officers.

Mr. Herbert currently serves as the Vice-Chairman of the Health Law Section of the New Orleans Bar Association. He is also an active member of the American Health Lawyers Association, the Louisiana Association of Health Plans, and the Health Law Section of the Louisiana Bar Association. He previously served as a member of the Board of Directors and as the Secretary-Treasurer of the Louisiana Leukemia Society. In 2009, Mr. Herbert was named as one of the Top 50 lawyers in New Orleans by New Orleans CityBusiness.

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