Palo Alto, CA Reinsurance Attorneys

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Palo Alto, CA Reinsurance Attorneys

Attorneys (2)

  • Julia Ming Hua Wei Esq.
  • Associate at Law Offices of Peter N. Brewer
  • Palo Alto, CA U.S.A.
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  • James Robert Woods
  • Partner at Mayer Brown LLP
  • Palo Alto, CA U.S.A.
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      A Martindale-Hubbell Peer rating reflects a combination of achieving a Very High General Ethical Standards rating and a Legal Ability Numerical rating.  
    • Peer Reviews

      5.0/5.0 (0)
    • Client Reviews
      None
    • Awards
      A Martindale-Hubbell Peer rating reflects a combination of achieving a Very High General Ethical Standards rating and a Legal Ability Numerical rating.  

Reinsurance in Palo Alto, CA

Insurance policies allow people and businesses to limit their financial expenses in the event of an accident, illness, lawsuit or disaster. But how do insurance companies reduce their risks? Though a process known as reinsurance. When an insurance company sells a policy, it does so in hopes that it won't have to pay out more than the premiums paid by the policyholder. Reinsurance protects it in the event that payouts do exceed premiums. When a reinsurance company refused to pay an insurance company's claim, then reinsurance attorneys can work with the insurer to file a bad faith or breach of contract lawsuit. Because the reinsurance policy is between the insurer and the reinsurer, there are only limited instances can the original policyholder can file a claim against a reinsurer. If you or your business is an original policyholder, talk to a reinsurance lawyer to learn whether you have grounds for a suit against a reinsurance company.