Insurance: Dispute Resolution: Reinsurance
USA Guide 2024 : Illinois
Band 3
About
Provided by Porter Wright Morris & Arthur LLP
Reinsurance Litigation & Arbitration
For those in and impacted by the reinsurance industry, balancing risk is a daily practice—helping to navigate losses ranging from natural disasters to toxic torts to turmoil in financial markets requires legal acumen beyond the black letter of the law and a deep understanding of the industry. Our reinsurance practitioners understand the intricacies of this global business and have been immersed in the customs and practices of this area for nearly four decades.
In addition to trying and arguing cases—in courtrooms, before arbitration panels, and in the courts of appeal—our attorneys also provide the necessary day-to-day business counsel reinsurance industry stakeholders rely on, including preparation of reinsurance contracts and commutation agreements, advising on asset transfers, disclosures, and notices to reinsurers, counseling regarding other non-litigation aspects of reinsurance relationships, and assisting in alternate dispute resolution processes.
Whether your matter is a single claim, a strategic business opportunity or a bet-the-company dispute, our attorneys will leverage their experience to advise, advocate, defend or litigate in your interest. We have worked with major stakeholders across the United States, Canada, the United Kingdom, and other European countries and offer a unique perspective on many aspects of reinsurance relationships.
Chambers Review
Porter Wright Morris & Arthur enjoys a strong presence on both the local and national stages, with significant expertise in reinsurance disputes. Its impressive bench strength allows the group to handle the most significant and complex litigation and arbitration proceedings for some of the industry's biggest players, including reinsurers and ceding companies.
Work Highlights
- Porter, Wright, Morris & Arthur acted as trial counsel to defendants North River Insurance Company and United States Fire Insurance Company. The action was filed in the Superior Court of New Jersey by Certain Underwriters at Lloyd's, London and various London Market company reinsurers, seeking to avoid liability for outstanding reinsurance billings and to recover amounts previously paid.
Strengths
Provided by Chambers
"Porter Wright has done an excellent job handling complex insurance and reinsurance disputes."
"Porter Wright has done an excellent job handling complex insurance and reinsurance disputes."
Notable Practitioners
Ira Belcove is a respected insurance and reinsurance specialist with broad experience in disputes relating to environmental, construction defect and property loss claims.
Teresa Snider cochairs the firm's reinsurance litigation and arbitration group and regularly acts for reinsurance companies in complex multimillion-dollar disputes.
"Teresa Snider and her team are exceptional, routinely going above and beyond in their steadfast and dedicated advocacy."
Ranked Lawyers at
Porter Wright Morris & Arthur LLP
Illinois
Members
Provided by Porter Wright Morris & Arthur LLP
Bide Akande
Elizabeth Awe Hafkey
Head of Department
Jessica Alley
Joshua Dille
Kevin J. O'Brien
Molly Crabtree
Robert N. Hermes
Head of Department
Industries
Provided by Porter Wright Morris & Arthur LLP
Insurance
Reinsurance