Vaughan Baio & Partners’ Insurance Coverage Group has worked with prominent participants in the insurance and reinsurance industries in reviewing claim issues, assisting in preliminary investigations and providing informed advice on coverage determinations. Our lawyers have also worked with key business decision-makers on responding to adverse coverage determinations, troubleshooting policy coverage disputes and representing their interests in litigation and alternative dispute resolution (ADR).
EXPERT EXPERIENCE IN DIVERSE SECTORS
No business is immune to the liabilities posed by workplace injuries, product liability matters and customer complaints. When those complaints escalate into lawsuits, insurers and reinsurers need to make crucial coverage determinations when responding to claims and deciding whether to pursue matters that impact the level and availability of their reserves. Likewise, insureds will need to determine how to resolve disputes without raising their premiums, as well as how to respond to claims that exceed their coverage limits or are beyond the scope of their coverage.
Vaughan Baio & Partners’ insurance lawyers have worked with some of the country’s most well-regarded insurance companies and reinsurance entities. Our team has extensive experience negotiating coverage claims, reviewing legal issues related to complex insurance products, making liability determinations, and defending insureds against a variety of litigation and alternative dispute resolution. Our lawyers often counsel clients on high-value claims related to the real estate, entertainment, corporate and manufacturing sectors. These representations included helping a domestic insurance carrier collect $1.6 billion in disputed reinsurance claims from losses arising from the terrorist attacks of September 11, 2001.
REPRESENTATION WITH A PERSONAL TOUCH
Effective representation is never one-sided. We know and understand that strong firm-client collaboration is key to achieving our client’s goals in litigation and insurance claims disputes. Before we perform work on any insurance claim, we hold initial conferences with our clients to assess the insurance dispute or claims collection matters they are facing and conduct a comprehensive review of all existing documents and evidence. Afterward, we convene with our clients to discuss our findings and come to a mutual understanding of our clients’ goals. By performing this work upfront, our attorneys can efficiently develop tactics for addressing our clients’ claims and using substantive law and procedural rules to move judges and juries to their corners.
Vaughan Baio & Partners prides itself on the diverse viewpoints and perspectives shared by the partners and associates of our growing firm. We harness our firm’s collective commercial litigation, premises liability, class action, environmental law and toxic torts experience to provide well-rounded insights on addressing claims disputes. Doing so helps us apply our insurance claim experience to diverse industries.
For example, we used our varied backgrounds to help an insurance company counter a $150 million commercial claim arising from one of its independent film financing insurance products. Our attorneys also have helped real estate developers analyze their exposure to environmental cleanup and damage claims and assess how insurance and reinsurance carriers would treat these claims.
Insurers and businesses can fully understand their coverage obligations and exposure issues by consulting with experienced counsel. Vaughan Baio & Partners’ insurance coverage practice group will harness its collective experience to put your organization in the best possible position to achieve its objectives at trial or through alternative dispute resolution.