The lawyers in Milbank’s Reinsurance and Insurance Group are experienced in resolving high-stakes disputes impacting cedants and reinsurers on both the domestic and global fronts. We have zealously represented our clients in complex trial and appellate cases, as well as arbitration and mediation proceedings, in both the property/casualty and life/health fields.
We have repeatedly won victories for a major property/casualty insurer in an number of disputes with Lloyd’s and other London reinsurers. We secured a victory for eight U.S. insurers when the United States Supreme Court struck down a California statute requiring our clients to turn over extensive information in possession of foreign affiliates or risk losing their licenses. We obtained full rescission of a reinsurance treaty for several major reinsurers in a fraud dispute against workers’ compensation insurers that were seized by a state insurance department. We represent parties in contentious disputes involving finite issues, reinsurance pools, and broker liability issues. We are experienced in representing insurers in disputes emanating from failed mergers and acquisitions. We also defend clients under investigation by regulators. In the insurance insolvency arena, we have substantial experience representing insurers and reinsurers that have contractual relationships with insolvent carriers.
The lawyers in our group speak and publish widely on topics affecting the reinsurance and insurance industry. We employ the latest litigation technologies to complete discovery and other case management tasks in an efficient and cost-effective manner. Above all, we work closely with our clients to ensure an informed and creative approach to the resolution of their disputes whether it be through an informal mediation, a lengthy arbitration, or a full-blown trial and appeal.