The 21st century has ushered in a new era of opportunities and risks for the insurance industry. New legislation at the federal level, corporate globalization, corporate mergers and acquisitions, the proliferation of technology, terrorism, and uncertainties in global stability all combine to make risk management one of the most challenging issues of the present day.
Our attorneys serve as legal counsel for some of the nation's largest and best-known insurance and reinsurance companies. We vigorously represent our clients’ interests in every aspect of their business operations and in disputes involving a wide variety of insurance coverage and reinsurance claim issues.
The firm's Insurance Coverage Group is in the industry forefront with respect to matters involving property, commercial casualty, life, health, general liability, professional liability, directors’ & officers' liability, pollution liability, auto coverage, personal lines and other specialized coverages. We regularly counsel clients on insurance coverage issues, draft policy forms, investigate claims and represent insurers in coverage and bad faith actions in federal and state courts around the country. In addition, we handle a wide variety of administrative matters and litigations involving agents and brokers. Our attorneys provide advice and representation to insurers on regulatory issues, including product development, policy wording, rating applications, insurance company formations and insolvency.
We also act as national counsel for General Reinsurance on its legacy, long-tail claims such as asbestos and environmental liabilities. These are high-stakes claims venued throughout the United States and involve significant issues of insurance coverage and allocation.
Working closely with management and in-house legal staff, we have utilized our extensive experience and in-depth understanding of coverage issues and policy interpretation to achieve very favorable outcomes for our clients. We are responsible for a number of important pro-insurer appellate precedents, which have defined the legal contours of coverage on some of the industry’s most significant and cutting-edge issues.
Reinsurance disputes are typically complex and involve unique, high-stakes issues. We thoroughly understand the multi-faceted aspects of these cases through our long and extensive representation of ceding and assuming companies, as well as intermediaries. Our clients appreciate our in-depth knowledge of their legal, business, financial and reinsurance accounting issues, and express their confidence by entrusting us with some of their most significant matters.
Our wealth of experience in the litigation, arbitration and mediation of reinsurance disputes encompasses ceded and assumed reinsurance of every type and a broad spectrum of underlying claims. We routinely provide counseling and coverage advice on the negotiation, wording and interpretation of reinsurance contracts and on the negotiation and drafting of commutation agreements. We also have handled innumerable arbitrations, litigations and mediations that have resulted in very favorable outcomes for our clients.
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