The concept of insurance is said to date back over 4,000 years to ancient Babylon, where merchants apparently tired of losing goods during transport came up with an idea to financially protect their investments. Today, the insurance industry is alive and well and provides a valuable, and often critical, service to consumers and companies alike. When things work well, an insurance company can make a fair profit—and provide employment to thousands of people—while at the same time providing the risk transfer sought by policyholders. Most insurance companies, including the ones from whom we ourselves purchase insurance, work like this. But sometimes things don’t go so smoothly. Unfortunately, a number of insurance companies take it upon themselves to deny proper claims, refuse to cover defense costs and otherwise try to improperly minimize their exposure, all the while having happily taken a policyholder’s significant premium payments.
That’s where we come in. Our firm’s insurance coverage-related pedigree is virtually unparalleled. Our group, led by Daniel Schlessinger, an internationally-renowned insurance coverage lawyer and former chairman and managing partner of one of the world’s most prominent insurance law firms, consists of lawyers who have deep experience analyzing and litigating the most minute details of a wide variety of commercial policies and forms, including Comprehensive General Liability (“CGL”), Excess Liability, Professional Liability, Directors and Officers Liability, Municipal Liability, Bermuda Form, Manuscript, Environmental Impairment Liability, and Data Security Liability. There are few insurance issues that are foreign to us. In fact, given that we helped insurers draft a number of their policies while we were on the other side of the “v,” we tend to know a lot more about the various provisions contained in many insurance policies than the adjusters and lawyers who work for insurance companies. If you are looking to file a considerable claim, or if your company has a significant claim that has already been denied, give us a call. Often, we are so confident in our views of an insurance policy that we will happily agree to take on the matter on a contingency basis.