Insurance

Overview


In a climate of increasing complexity, commercial and captive insurers, risk retention groups and reinsurers face difficult legal and business challenges on a daily basis—from high-profile claims and disputes in the global spotlight, to state tax liability issues, to negotiating complex managed care contracts. These matters often involve a wide range of business concerns and legal needs, requiring advice that is multifaceted and nuanced.

That’s where we come in. Whatever challenges your organization faces, our tailor-built teams of cross-disciplinary lawyers bring their deep experience to bear in solving your most pressing problems across all aspects of the insurance markets, and beyond. Our core team has more than 35 years of experience working together in the insurance arena, allowing us to provide unmatched industry insights and ground-breaking solutions. We collaborate with our Firm’s market-leading health, tax, governance, environmental and litigation lawyers to deliver seamless results, eliminate roadblocks and champion your business goals regardless of geography.

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Repräsentative Mandate


  • World Trade Center Captive Insurance Company – Acted as lead counsel regarding the historic settlement of more than 10,000 tort claims against the City of New York and its contractors by first responders, trade union workers and volunteers arising out of the rescue and recovery operations at the former World Trade Center site and nearby locations on and after September 11, 2001. McDermott argued and won the appeal before the US Court of Appeals for Second Circuit regarding implementation of the settlement. In addition, McDermott recovered approximately $230 million from the London marine and non-marine markets after winning summary judgment in the WTC Captive’s contribution action against certain of those insurers.
  • Allianz – Won bench and six-week jury trials for Allianz in its insurance contribution action against 17 co-insurers arising out of its settlement of a truck manufacturer’s asbestos and environmental liabilities nationwide.
  • MCIC, A Vermont Risk Retention Group – We represent this academic medical center risk retention group, the largest of its kind in the United States, with respect to all of its operations.

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People


A diverse, global network of industry-leading talent committed to you and your vision.

Insurance

Insights & Events / Media

New York, NY / McDermott Event / November 14, 2019

Phoenix, Arizona / McDermott Event / October 28-29, 2019

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