For more than 20 years, attorneys in Olshan’s Insurance Coverage Law Group have been maximizing insurance asset recoveries for policyholders in complex, high-stakes insurance matters.
We blend a deep understanding of insurance law with a practical consideration of our clients’ business needs, devising tailored strategies based on each client’s specific situation. We are dedicated exclusively to representing policyholders’ interests. Our only consideration is enabling each client to focus on its business with complete confidence that its Olshan attorneys are solely focused on making sure its insurance carriers meet their contractual obligations.
Broad Experience
Olshan Insurance Coverage Law attorneys have successfully held insurance companies responsible under virtually every type of insurance policy and in wide-ranging coverage disputes. Our experience spans:
- Bankruptcy
- Builders Risk
- Business interruption
- Construction defects and bonds
- Crime and Fidelity
- Cyber liability, including social engineering
- Directors and officers (D&O) liability
- Employment Practices liability
- Environmental liability
- Errors and Omissions
- Event cancellation
- Fine Arts
- General liability
- Inland Marine
- Long-tail claims
- Marine Cargo
- Media and advertising liability
- Municipal liability
- Private Equity, including Portfolio Company coverage
- Products liability
- Product Recall
- Professional liability
- Property Losses
- Representations and warranties
The team handles numerous inherently challenging insurance situations spanning complex corporate governance and fiduciary issues, intricate questions of coverage “trigger”, loss causation, changing statutory and regulatory landscapes, emerging cyber-loss schemes and a host of others.
Full-Service Capabilities
We leverage the firm’s full-service capabilities in corporate, securities, real estate, advertising, compliance and other areas to provide holistic solutions to multifaceted insurance problems. Our lawyers work seamlessly with insurance brokers to help our clients make informed decisions about risk allocation and protect them from unforeseen events and avoid litigation.
Our attorneys also assist with insurance coverage issues that arise in the context of corporate transactions, providing due diligence support to identify potential coverage gaps, assess policy alignment, and evaluate the insurance implications of mergers, acquisitions, and other corporate deals.
Dispute Resolution
We are fierce advocates with a long history of achieving significant victories in coverage disputes at trial and on appeal in state and federal courts, including precedent-setting wins that have led to enactment of new laws. Our lawyers are equally adept in resolving insurance coverage disputes through mediation, arbitration and negotiated settlements.
We believe in lean staffing, promoting time and cost efficiencies by forming small, dedicated litigation teams with every member well-versed in case details.
- Secured full coverage at trial for a publicly traded holding company for alleged liabilities arising from a purported interested party transaction with a subsidiary. This matter created a strong New York precedent regarding the obligations of D&O insurers to cover merger-related liabilities.
- Represented national rail carrier in obtaining a multimillion-dollar recovery arising from a Superstorm Sandy claim.
- Represented several large financial institutions in obtaining recoveries under professional liability policies.
- Represented private equity entities in obtaining insurance coverage for losses arising from portfolio company liabilities.
- Represented a global agribusiness and food company in reaching a favorable recovery for damages occurring at a plant in China.
- Represented several food industry clients in obtaining coverage under products recall policies.
- Represented a publicly traded medical device company in successfully resolving disputes over insurance coverage for alleged liabilities arising from claims that its product caused injuries. This matter created new law when Olshan secured a preliminary injunction requiring an insurer to defend its policyholder against the injury claims while the insurance issues were being litigated.
- Successfully secured insurance coverage for long-tail liability claims of injury for a publicly traded manufacturer.
- Represented an international luxury product manufacturer in connection with insurance coverage for trademark and trade dress litigation.
- Represented the directors of a biomedical device company in connection with liability allegations, successfully coordinating resolution involving multiple insurers.
- Secured coverage for an international shipping company for losses suffered via breached representations and warranties contained in transactional documents.
- Represented an international holding company in a complex multiparty dispute spanning insurance recoveries, contractual indemnification and statutory recovery rights concerning alleged environmental liabilities.
- Represented a privately held company in a catastrophic loss case requiring coordination amongst multiple stakeholders, insurance companies and governmental entities.
- Represented a prominent law firm in connection with claims against its insurer.
- Represented a multibillion-dollar investment firm in connection with obtaining insurance recoveries for collateralized property.
