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Pennsylvania Office of General Counsel·Pennsylvania

Insurance Receivership Counsel

Closes 7/16/2026$500k – $2MRequest for Proposal
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Description

The Commonwealth of Pennsylvania is seeking legal services to represent the R&Q Reinsurance Company Receivership Estate in general liquidation matters, litigation, and collection matters. The selected law firm will provide legal services and perform all tasks necessary to successfully represent the Statutory Liquidator in the R&Q Reinsurance Company receivership. The engagement may include other general work as designated by the Chief Counsel of the Pennsylvania Insurance Department or the Governor’s Office of General Counsel. Key responsibilities include collection and/or protection of estate assets, representation in matters relating to resolution of claims against the estate, and representation in reinsurance matters. The contract will be for a term of one year, with the possibility of renewal for up to two additional years. • The law firm will provide legal services to represent the Statutory Liquidator in the R&Q Reinsurance Company receivership. • The law firm will perform all tasks necessary to successfully represent the Statutory Liquidator, including collection and/or protection of estate assets and representation in matters relating to resolution of claims against the estate. • The law firm will provide representation in reinsurance matters, including commutations, collections, and arbitrations. • The law firm will provide representation in Pennsylvania Commonwealth Court and in litigation against third parties, including professional service providers. • The law firm will provide representation in general liquidation matters, including all tasks necessary to effectuate closure of the estate.

Attached files

Contact

Jordan M. Kiessling(Issuing Officer)

[email protected]

(717) 787-9349

Key dates

Opened
6/24/2026
Questions due
7/6/2026
Closes
7/16/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541110
Solicitation №
OGC-2026-19

Budget estimate

$500,000 – $2,000,000

Based on the information provided in the RFP, it is difficult to estimate the exact budget for this opportunity. However, the RFP mentions that the Commonwealth will pay reasonable, actual, ordinary, and necessary expenses for specific materials required for and used solely in the fulfillment of the services. The budget will likely depend on the scope of work, the number of hours worked, and the hourly rates of the selected law firm. A rough estimate for the budget could be in the range of $500,000 to $2,000,000 per year, considering the complexity of the services required and the potential number of hours worked.

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