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Professional Liability/Financial Lines

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Representative Engagements

  • Our team represents an insurer in a Bermuda E&O arbitration flowing from lawsuits and investigations arising out of the payment of contingent commissions to brokers in the U.S. market.
  • We counsel insurers in the London Market exposed to potential claims flowing from the Madoff and Stanford Ponzi schemes.
  • Our lawyers represented a captive insurer in a reinsurance dispute arising out of the settlement of an employment practices class action.
  • We represented various London market insurers in a professional liability coverage dispute, including a four week trial, concerning the decommissioning of the Maine Yankee nuclear facility.
  • We represented an international life reinsurer in a class action alleging material misstatements in financials concerning certain valuation allowances on deferred tax assets and the company's Sarbanes-Oxley certifications.
  • Crowell & Moring lawyers represented numerous reinsurers in a surety dispute based on the construction of several off-shore Brazilian oil platforms.
  • We advised London insurers in the context of coverage issues in other professional matters, including in the health care and legal malpractice areas.
  • We monitor underlying defense litigation with respect to D&O/E&O claims, and act as both coverage and monitoring counsel.
  • We conduct internal investigations of reserving practice of insurers and reinsurers.