Expect the Unexpected

“This group maintains an active litigation practice and makes an impression
in several important fields including . . . insurance coverage. . . .
Clients are pleased with the ‘technologically savvy lawyers’ who
‘react quickly and consistently produce good results.’

—Chambers USA

As natural disasters and financial instability punctuates the news throughout the world, the critical role played by insurance companies has been in the spotlight.

Blank Rome has represented insurance insureds across the country in matters ranging from the anticipated to the unexpected.  The two major prongs of Blank Rome’s insurance practice are corporate/regulatory and litigation.

The breadth of our corporate/regulatory insurance practice includes the following:

  • private placements, IPOs, and add-on offerings of equity and debt
  • joint venture and partnering transactions
  • advising boards of directors and audit committees with regard to Sarbanes-Oxley and other corporate governance issues
  • assisting publicly held and private companies to evaluate errors-and-omissions, and directors’ and officers’ liability insurance coverage
  • mergers, asset sales, and purchases
  • representations before the Securities and Exchange Commission

Blank Rome Government Relations, an affiliate of Blank Rome LLP, is positioned to provide assistance to clients in connection with matters affecting the industry, including legislation seeking to establish a scheme of federal laws which would regulate insurance companies.

Insurance Litigation

There is little dispute over Blank Rome’s prominence in insurance coverage matters.  Blank Rome’s extensive insurance litigation practice handles a wide range of cases, including:

  • coverage and bad-faith litigation
  • broker professional-liability litigation
  • a multitude of litigation involving holding-company issues; tax issues; coverage issues; guaranty association issues; complex premium collection matters; complex litigation involving the intersection of state regulatory laws and federal pension, bankruptcy, and labor law; and many other regulatory issues

Select Engagements

  • Handled an important case of first impression, challenging the constitutionality of the Pennsylvania mutual-to-stock conversion statute.
  • Coverage and bad-faith litigation on behalf of policyholders, across all insurance lines, including directors’ and officers’, professional liability, general-partner liability, managed-care professional liability, CGL, and many other areas.
  • Litigation on behalf of policyholder against insurer for failure to defend policyholder in patent litigation.
  • Litigation on behalf of policyholder against insurer for failure to fully reimburse policyholder for costs of defense of SEC investigation and class-action litigation.
  • Litigation on behalf of policyholder against insurer for failure to fully reimburse policyholder for fire-damage claim.

Alternative Dispute Resolution (ADR)

Blank Rome believes strongly that most disputes can be resolved without the burden of a trial.  Our commitment to Alternative Dispute Resolution (ADR) helps to minimize the time, expense, and public exposure associated with litigation.  Blank Rome offers five former judges who assist all of our lawyers in ADR, from mediation to arbitration.

Experienced Attorneys, Recognized in Their Fields

Our attorneys’ strong business and financial acumen, coupled with years of high-level experience, enable them to be creative problem-solvers, especially when the stakes are high.  In the area of insurance coverage litigation, Chambers USA describes the Philadelphia office of Blank Rome as “best known for its enviable insurance litigation practice.  It regularly represents policyholders and has also carved out an insurance insolvency niche practice.” Several of our attorneys have first-hand regulatory experience as former attorneys of the Securities and Exchange Commission.