Awards & Rankings 11.30.20
Service
A five-time winner of Law360’s Insurance Practice Group of the Year recognition, Pillsbury’s Insurance Recovery & Advisory group is one of the country’s largest and most diverse insurance departments, with more than 70 dedicated lawyers in Washington, DC, New York, Los Angeles, San Francisco, Miami and Houston.
Nationally ranked in Chambers USA, the Insurance Recovery & Advisory team boasts market-leading bona fides and leverages the firm’s substantive experience in virtually every practice area.
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Combining deep experience resolving coverage and underlying insurance-related business issues with in-depth knowledge of key industry sectors, our lawyers have conducted thousands of insurance program/policy reviews, regularly help establish effective enterprise risk management strategies and have achieved many of our greatest successes through out-of-court dispute resolution. We pride ourselves on spotting trends, identifying emerging issues and providing practical solutions, which we share with clients via alerts, our Policyholder Pulse blog and direct updates.
Our team represents corporate policyholders across the U.S. from the earliest stages of policy language negotiations through claims, arbitrations, litigation, trial and appeals. We provide guidance on business issues, such as the interplay between insurance and contractual and statutory indemnification, insurance insolvencies, as well as due diligence and insurance as a part of overall risk management and crisis management programs.
Our approach to problem solving and litigation is rigorous, quantitative, pragmatic and technically sound. Often, we make use of in-house non-lawyer engineering and insurance staff.
Pillsbury is engaged in numerous significant and often headline-grabbing coverage disputes for our clients, including:
Secured a $54 million jury verdict on behalf of CITGO Petroleum Corporation in the U.S. District Court for the Southern District of New York against a marine cargo insurer under the Institute War Clauses for losses arising from the seizure of a cargo of Venezuelan crude oil by a regime not recognized by the United States. After a week-long jury trial, the jury returned a verdict for our client.
Served as lead counsel for utilities in North Carolina, Ohio, Virginia and West Virginia over first-ever coal combustion residual insurance litigations for closure costs under federal and state statutes for impacts to groundwater by coal ash. The underlying environmental claims well exceeded $5 billion in value. After aggressive multi-year litigation by Pillsbury lawyers in lawsuits in North Carolina and Ohio, all insurers settled before trial.
Represented aerospace and defense contractor Northrop Grumman in coverage litigation seeking D&O coverage for the defense and settlement of securities class action. Reached successful settlements after the Delaware Superior Court ruled in our client’s favor on every key issue and established new precedent on the scope of the “bump-up” exclusion.
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Construction
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