For over 100 years, the insurance industry has turned to Locke Lord for help with the most complex and challenging regulatory and litigation issues. From thorny regulatory issues to bet-the-company litigation and arbitration, Locke Lord has answered the insurers' call. We represent national and multi-national insurers in coverage and bad faith cases, from single plaintiff cases to mass actions and class actions. We provide the full spectrum of services, from skilled analysis and opinions of policies to claims defense in litigation. We represent insurers in high-stakes and contentious litigation, often involving very significant alleged exposure, sophisticated legal issues, considerable factual and expert discovery, multi-party dynamics, multiple lines of current and historical coverages and complex jurisdictional battles.
Policy Drafting and Defense
Our lawyers are experienced with policies of all types, including:
Our services include:
We address all types of direct insurance matters that involve a wide variety of insureds, innumerable types of underlying claims, significant technical and financial issues, and sophisticated legal analyses and strategies. Some of the claims types and industries include:
Casualty — including both general liability and more targeted liability policies, such as D&O, E&O, cyber risk, professional liability, products liability and malpractice and for a wide variety of entities and industries (whether individually insured or through various program placements), including:
Property — including property losses, business interruption and recalls for an array of types of insureds, such as construction, energy, marine, mining and more
Fiduciary Litigation — including suits brought against trustees of pension plans, charitable trusts and business trusts as well as representing investment advisers in the defense of breach of fiduciary duty claims under both U.S. state law and the Investment Advisers Act of 1940
Bad Faith — including statutory claims and claims of other alleged insurer misconduct; also as to various alleged extra-contractual remedies sought by insureds
Coverage Opinions and Policy Drafting — including:
Bermuda Form — including dealing with the various strategic issues presented by Bermuda Form proceedings and both the procedural and substantive law aspects of these disputes
Helping Our Clients Engage in the Business of Insurance
We support the business goals of our insurance clients by addressing licensing and formation matters, answering day-to-day operating questions, such as insurance holding company filings, investment and capital requirements and corporate governance. Our lawyers help clients confront problems when they run into matters, such as capital infusion, insolvency and guaranty fund issues.
Insurance regulation can change dramatically from state to state, and we are skilled at addressing and meeting differing demands in multiple jurisdictions. We target a particular state or structure businesses and products for multi-state transactions. We also implement national insurance programs. Our regulatory and transactional insurance team includes former state insurance commissioners and those who have served in senior executive and legal positions in insurance companies and trade associations. We have strong relationships with the insurance departments throughout the United States and with the various insurance liquidators.
Other regulatory and transactional services include:
Visit our Insurance & Reinsurance Blog (InsureReinsure.com) for the latest news and developments.
Our lawyers are members and fellows or hold leadership positions in legal and trade organizations, including: