C&G’s Insurance group has extensive experience litigating complex and high-value insurance and reinsurance claims, including in disputes involving antitrust issues, asbestos claims, bankruptcy issues, bid protests, class actions, contract issues, construction claims, coverage claims, D&O liability claims, employment litigation, environmental claims, fraudulent and deceptive insurance sales practices, libel claims, Medicaid disputes, general liability and product liability claims, and shareholder disputes.
Our practice is both wide-ranging and national in scope: we represent policyholders, insurers, reinsurers, and insurance brokers in litigation, arbitration, negotiations and mediations throughout the United States and internationally. Our attorneys have significant substantive experience in the litigation and arbitration practice areas that most often give rise to insurance disputes, including antitrust, securities, mass torts, and bankruptcy, and are equally comfortable negotiating a favorable commercial resolution of a dispute or taking it to trial. Additionally, our understanding of the industry makes us a good choice to represent companies and individuals in insurance-related regulatory investigations.
Insurance Coverage Disputes
Representing a private equity firm in a dispute with an insurer that issued representations and a warranties policy in connection with the acquisition of a consumer products company, seeking to recover losses caused by the inaccuracy of target company’s audited financial statements.
Represented a travel technology company in connection with major insurance coverage litigation related to the company’s antitrust litigation with a major airline.
Successfully represented insurers in numerous insurance coverage disputes relating to hazardous waste and products liability class actions.Read More
Successfully represented a reinsurer in litigation arising out of an asbestos settlement.
Represented a hedge fund and reinsurance company in a RICO class action alleging deceptive sales practices relating to certain annuity products and accounting improprieties involving reinsurance transactions.
Represented the reinsurance business of a multinational conglomerate in a federal appeal relating to a reinsurance coverage dispute.Read More
Insurance and Reinsurance Investigations and Regulatory Proceedings
Represent the former CFO of a multinational insurance provider in an SEC investigation relating to the company’s accounting practices.
Represented an insurance agency and several of its employees in an investigation in the U.S. Attorney’s Office for the SDNY involving allegations of a fraud scheme regarding stranger-owned life insurance (STOLI) policies.
Served as pool counsel for an insurance agency and several of its employees in an investigation by the U.S. Attorney’s Office for the Southern District of New York.Read More
Insurance Industry Disputes
Represented a major financial institution in a securities fraud action filed by a mutual life insurance company regarding investments in mortgage-backed securities offered and sold to investors.
Defending an investment management company in a suit alleging securities and professional malpractice claims in connection with investments of deferred compensation in an estate enhancement product funded by split-dollar variable life insurance.
Represented a financial institution in AAA arbitration brought by a group of three affiliated insurance companies alleging that client induced them to purchase residential mortgage-backed securities by misrepresenting the associated credit risk.Read More
Jumana Rahman spoke with the Financial Times about the potential implications of a forthcoming UK FCA test case in the English High Court relating to business interruption policies during the COVID-19 pandemic.
In this C&G client alert, Jumana Rahman, Thomas Shortland, and Charlotte Ritchie consider the outlook for business interruption policyholders and insurers in the wake of judgment in the FCA’s test case, and take a look at what the insurance community has learned so far about COVID-19 and business interruption insurance.