Nicole C. Wixted

Insurance

Nicole counsels insurers and insurance intermediaries, including brokerage general agencies, on issues relating to annuities, life, pet, and property casualty insurance, and she vigorously defends their interests in litigation. Nicole routinely works with insurers and insurance intermediaries on distribution-related issues including drafting and negotiating selling and marketing agreements, assessing potential liability under such agreements, and litigating the terms and conditions of those agreements.  She also advises and litigates on issues related to sales practices, rebating, claims handling, market conduct, and the sales and issuance of insurance to foreign nationals.

Annuities

Insurance and annuity companies turn to Nicole in disputes arising from the attempted assignment of annuity payments, third-party garnishments, improper payee claims, unauthorized withdrawals, interpleader claims, beneficiary disputes and overpayment recovery in jurisdictions throughout the United States. She is well-versed in issues relating to structured settlements, including transfer of the payment rights thereunder.

Commercial Litigation

Nicole represents companies of all types in business disputes and in defending against class actions. She has counseled and represented financial industry clients in connection with improper fund withdrawal and payment claims, handled tax shelter-related claims for plan administers, and defended an international software manufacturer in alleged improper product implementation. In connection with a health care acquisition, Nicole defended against claims seeking a retroactive $65 million capitation payment.

After law school, Nicole clerked for the Honorable Lee B. Laskin of the Superior Court of the State of New Jersey in Camden.

Representative Experience

Results may vary depending on your particular facts and legal circumstances.

• Obtained a dismissal of claims brought by a payee against an annuity issuer for following the payee’s instructions and making payments pursuant to an assignment agreement entered into by the payee in Connecticut General Life Insurance Company v. Edward S. Feldman & Penn Mortgage Company, Inc., No. WMN-14-03670, 2015 U.S. Dist. LEXIS 85383 (D. Md. July 1, 2015)
• Obtained an award of fees and costs in an interpleader action on behalf of an annuity issuer in Connecticut General Life Insurance Company v. Edward S. Feldman & Penn Mortgage Company, Inc., No. WMN-14-03670, 2015 U.S. Dist. LEXIS 85383 (D. Md. July 1, 2015)
• Obtained the denial of proposed transfers of workers’ compensation related annuity payments
• Obtained the dismissal of insurer in action by conservator alleging improper distribution of funds under an annuity
• Obtained the denial of motions seeking to dismiss STOLI and/or misrepresentation claims by insurance companies
• Obtained the resolution of various tax shelter claims asserted against plan administrator
• Obtained the resolution of a lawsuit seeking $65 million in damages arising out of retroactive capitation payments in connection with the acquisition of a health maintenance organization
• Obtained denial of TRO seeking to enjoin client from participating in settlement discussions in another lawsuit
• Obtained resolution for client in pro bono matter in connection with a violation of a final restraining by negotiating a plea agreement for time served and probation
• Resolved issues relating to subpoenas served by Osage Agency
• Obtained denial of motion to quash subpoena

Personal Interests

Raised in Virginia, Nicole lives in Moorestown, New Jersey, with her husband and four young children.