Insurance and Reinsurance Litigation
Insurance litigation has long been, and remains, a hallmark of Cahill’s litigation practice. Cahill has been on the front lines of high-stakes insurance and reinsurance disputes for decades, settling, litigating or arbitrating billions of dollars of extraordinary insurance and reinsurance claims for clients that include, among others, AIG/Chartis, Arch, XL, Zurich, Global Re, Ironshore and Swiss Re. Chambers USA has consistently ranked Cahill in the top handful of insurance practices in New York and nationwide. Cahill is also nationally ranked by The Legal 500, and is “highly recommended” by Benchmark Litigation.
All of our insurance litigators grew up as serious commercial, antitrust, and securities litigators, and most continue their involvement in Cahill's general litigation practice. This unique approach permits us to combine deep experience-based insurance knowledge with a level of breadth and judgment unavailable to those who litigate only insurance matters.
We routinely advise on coverage and litigate the most complex and high-value insurance and reinsurance claims, from ordinary (if high dollar) casualty business to asbestos, to environmental (both legacy and PLL), to D&O and other financial lines, to trade and political risk and beyond. We handle arbitrations, trials, and appeals.
But we not only litigate claims and coverage; we also advise and litigate broadly on behalf of insurance companies. MGA disputes, antitrust advice and litigation, insurance-related securities litigation — all are core parts of our litigation practice, and have been for years. The range and scope of our practice reflect the increasing complexity of the business of insurance and the business of insurers.
Recent highlights include:
- Representing a large multi-national insurer in complex P&C coverage action involving nine-figure exposure.
- Representing a large multi-national insurer in action seeking ten-figure recovery.
- Representing a large domestic liability insurer regarding coverage issues with respect to nine-figure high profile sexual abuse claims.
- Representing a large international bank with respect to a portfolio of life insurance policy financings.
Clients appreciate our results-oriented approach and our ability to restructure claims without litigation. We also have an excellent track record in obtaining favorable settlements in London arbitrations, recovering retroceded losses, arbitration costs and lost interest in matters involving multiple stakeholders and complex layers of coverage. Cahill’s insurance lawyers are ranked among the top practitioners in the United States, in part based on comments by sources who consider them to be "one of the best litigation firms in the country," adding: "I would not only go to them for insurance and reinsurance work, but for any complex 'bet the company' matter." (Chambers USA 2020).