Pete Thrane assists insurance businesses in handling the legal, regulatory and corporate law dimensions of their business. Pete handles insurance transactions, formation and dissolution of insurers, product distribution mechanisms, governance matters, product development, producer licensing and compliance matters.

Pete also has extensive experience in advocating insurance matters before state legislatures and administrative agencies. He frequently appears before the Minnesota Legislature, the Minnesota Department of Commerce and other agencies. He has assisted insurers and producers with many Minnesota regulatory issues, such as holding company act filings, transaction applications, solvency investigations, enforcement matters and product filings.

Prior to joining Leonard, Street and Deinard, Pete was an officer of St. Paul Fire and Marine Insurance Company, where his assignments included serving as division counsel to the Medical Services division and subsequently as Group Counsel to the Specialty Commercial insurance group, leading a group of attorneys and other professionals in providing counsel to St. Paul Fire and Marine’s niche markets.

Pete has been named among The Best Lawyers in America in the area of insurance law.

Professional and Civic Activities

• Chair, Board of Directors, Minnesota Chamber Business Services Corporation, the insurance marketing arm of the Minnesota Chamber of Commerce, 2004-2009
• Member, Board of Directors, Ordway Center for the Performing Arts
• Member, Board of Directors, Friends of the Como Park Zoo and Conservatory
• Member, Law Committee, National Fraternal Congress of America
• Member, Board of Directors, SFM Foundation
• Chair, Medical Malpractice Insurance Committee, American Insurance Association, 1994-1998
• Chair, Workers’ Compensation, Special Compensation Fund Advisory Committee, Minnesota Department of Labor and Industry, 1996-2000
• Director, Minnesota Insurance Guaranty Association, 1992-1996
• Co-chair, Policy and Planning Council, Insurance Federation of Minnesota, 1992-1996
• Contributor, Minnesota Insurance Deskbook, Chapter on Claims-Made Insurance

Pete was a contributor in the October 2009 article published by Reagan Consulting, "An Opportunistic Market, The M&A Marketplace for Insurance Agencies & Brokerages in 2009."

Pete was a contributor in a February 2011 article published in Minnesota Insurance: "Self-Insurer Lobbyists See Movement Legislatively on Faster WC Settlements."

Education

• J.D., cum laude, Drake University Law School, 1984
• B.A., Concordia College, 1981

Admissions

State of Minnesota