Insurance

Taft’s attorneys understand the insurance industry from both a legal and business perspective, helping organizations with critical insurance-related demands.

Our team is experienced in helping businesses in the insurance industry. We handle all aspects of insurance regulatory issues, mergers, acquisitions, market conduct matters, suitability sales issues, and corporate governance matters, among others. We have helped in vetting proposed business plans and advising on financing options whether public debt or private equity.

• Provide ongoing advice and management of overall risk management program for international, publicly-traded company including liability defense and counseling concerning structure of all lines of insurance.
• Represented insured in arbitration hearing concerning coverage for collapse of under construction historical building renovation in Flint, Mich.
• Represented insured in denial of coverage for windstorm-related damage to regional retail furniture store.
• Represented contractor in coverage dispute related to limits and scope of covered repair to historically registered building at the University of Michigan.
• Represented national contractor in coverage dispute concerning denial by errors and omissions. Insurer to cover defense costs in complex underlying construction defect.
• Represented insurer of general contractor in contribution and indemnification action against multiple insurers of various sub-trades over duty to defend obligations for underlying construction defect claim.
• Represented multiple regional law firms in providing advice, consultation, and litigation support concerning insurance coverage issues related to underlying legal malpractice actions.
• Represented insured in coverage dispute concerning denial by insurer for roof damage and partial collapse of large commercial building.
• Represented and litigated multiple claims concerning disability policies for professionals.
• Represented many companies with large, self-insured retentions by providing advice and litigation support.
• Represented the Indiana Department of Insurance in multiple Form A (change of control) hearings and related due diligence matters.
• Represented the Indiana Department of Insurance as a Special Deputy Supervisor, Rehabilitator, and Liquidator of insolvent insurers.
• Represented multiple buyers and sellers, including private equity, in Form A (change of control) matters in multiple jurisdictions.
• Represented and negotiated the resolution of insurance regulatory actions in multiple jurisdictions.
• Represented insureds in a multimillion-dollar annuity suitable claim and negotiated a settlement before defendants answered discovery requests.
• Represented a public company that received a Wells Notice from the SEC and negotiated a resolution whereby the company was not fined by the SEC.
• Reviewed and analyzed and negotiated directors’ and officers’ policies and key endorsements for insurance companies and their boards of directors.
• Hired, supervised, and developed litigation strategies for outside law firms retained to represent an insurance company in class action litigation.
• Provided review of agency agreements and agency M&A transactions.
• Provided advice in tail coverage matters.
• Review of captive structures, operating agreements, and related governing documents to resolve governance and operational matters.