Reinsurance Lawyers

Reinsurance is insurance purchased by insurers from other insurers to limit the total loss an insurer would experience in case of a disaster. Often, business owners don’t think about insurance companies needing insurance, but reinsurance is an absolute necessity. Continued military situations, increased terrorism and more frequent natural disasters, however, have made it difficult for insurers to secure reinsurance and, as a result, insurers have left the market in some states or premiums for certain types of insurance have risen to an all-time high. With all of these variables, having the legal assistance of the reinsurance lawyers at Shook, Hardy & Bacon L.L.P. (SHB) is an invaluable asset.

The reinsurance lawyers at SHB have a long history of success representing clients involved in insurance coverage disputes. The SHB Insurance & Reinsurance Practice draws on its in-depth industry knowledge to manage contentious coverage issues arising in both domestic and international contexts. A substantial presence in all nine offices strategically located in the United States and Europe, our insurance and reinsurance lawyers partner with companies to protect their assets in complex business litigation.

Our reinsurance lawyers also focus on resolving complex reinsurance disputes. We currently represent cedents, including captive cedents, reinsurers and retrocessionaires in diverse matters before state, federal and appellate courts throughout the United States. Our reinsurance attorneys are fully conversant in all types of domestic and international proportional and non-proportional facultative reinsurance certificates, as well as pro rata, quota share, surplus share, and excess of loss treaty reinsurances and retrocession agreements. Our talented team of reinsurance lawyers has litigated, arbitrated and resolved cases involving the scope of “follow the form” and “as original” insuring agreements in short-form reinsurance policies; late notice; failure-to-supervise claims activities; follow-the-fortunes clauses; utmost good-faith; motions for pre-answer security and preliminary injunctive relief in aid of arbitration; claims cooperation and right to associate clauses; loss adjustment expense allocation provisions; and agency and intermediary disputes. SHB reinsurance lawyers have also acted as consultants to companies seeking to anticipate and avoid potential coverage disputes.

To set up a meeting with one of our reinsurance lawyers, contact us today.