Practice Areas & Industries: Duane Morris LLP

 




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Practice/Industry Group Overview

The attorneys in Duane Morris' nationally recognized Insurance Practice have decades of experience representing insurers in coverage disputes in the area of asbestos, pollution and health hazard long-tail claims (APH). We have handled and resolved some of the most complex APH cases in the United States, involving exposures in the billions of dollars, and have achieved ground-breaking appellate decisions in the APH area on behalf of the insurance industry.

APH cases often involve unique and unresolved issues of law that put a premium on creative legal work and innovative resolutions. Duane Morris attorneys have pioneered APH coverage litigation techniques, and have extensive experience in every aspect of such litigation, from initial case filing, through discovery and pre-trial procedures, to multi-phase jury trials and multi-issue appeals. We have handled the full spectrum of continuous bodily injury claims, including asbestos, lead, silica, butadiene, PCE, TCE, benzene, tobacco, pharmaceutical products, and medical devices, as well as continuous property damage claims arising from long-term pollution and contamination involving all manner of industries. Duane Morris' experience in APH matters extends to all types of insurance contracts, including comprehensive general liability, excess liability, umbrella, first-party, maritime and aviation policies.

Although litigation is sometimes necessary, Duane Morris insurance coverage attorneys are frequently successful in negotiating settlements for their clients without resorting to litigation. We are experienced in representing both domestic and foreign insurers, and have a considerable depth of knowledge regarding the insurance industry and historic policy placement issues for all types of insureds, from Fortune 500 companies and international conglomerates to smaller, locally-owned and regional companies.


 
 
Articles Authored by Lawyers at this office:

Report to NAIC on Captives: The Controversy About Principle-Based Reserves and Captives Continues
, April 01, 2014
The use by life insurance companies of captive reinsurance companies to finance XXX and AXXX reserves has been a significant and contentious issue in recent years. Some members of the National Association of Insurance Commissioners (the "NAIC") are deeply opposed to captive-based...

New York Appeals Court Reverses Itself in K2 Investment Group Decision; Reaffirms Earlier Ruling in Servidone
, February 25, 2014
In a decision notable for several reasons, the New York State Court of Appeals—the state's highest court—reversed itself in K2 Investment Group, LLC v. American Guarantee & Liability Insurance Co. [21 NY3d 384 (2014)] and reaffirmed its earlier ruling in Servidone Construction Corp....

Group-Wide Global Insurance Capital Standards First Step - Basic Capital Mandate for G-SIIs
, January 03, 2014
As the first step in the development of group-wide global insurance capital standards, the International Association of Insurance Supervisors (IAIS) released for public consultation its proposal on basic capital requirements (BCR) for global systemically important insurers (G-SIIs) on December 16,...

The Development of Global Capital Standards for IAIGs and G-SIIs: Notes from IAIS Meeting on November 13, 2013
, November 29, 2013
In July 2013, the Financial Stability Board (FSB) designated nine insurance groups as global systemically important insurers (G-SIIs). Simultaneously, the International Association of Insurance Supervisors (IAIS) released its framework of policy measures for G-SIIs, which included the concept of...

First Ever: Global Capital Standards for Insurers
, October 15, 2013
On October 9, 2013, the International Association of Insurance Supervisors (IAIS) took a significant step toward developing a first-ever risk-based global insurance capital standard (ICS). The target date for development of the ICS is 2016, with full implementation beginning in 2019 after two years...