Awards & Rankings 05.17.18
Combining deep experience resolving coverage and underlying insurance-related business issues with in-depth knowledge of key industry sectors, we offer unrivaled service. 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.
Pillsbury’s Insurance Recovery & Advisory 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 nonlawyer engineering and insurance staff.
Pillsbury is engaged in numerous significant and often headline-grabbing coverage disputes for our clients, including:
Represented an oil refiner in an insurance coverage jury trial against AIG and 13 other insurance companies arising from the rupture of a crude supply pipeline. Jury awarded our client’s full demand of $72 million for contingent business interruption losses, the largest insurance verdict of the year.
Represented a mechanical pipe joining manufacturer and secured a jury verdict for breach of contract, bad faith and punitive damages, including attorney’s fees and punitive damages, after denial of coverage for defense of product liability claims by AIG. This was one of the largest insurance jury verdicts in California in 2015.
Representing a university and medical center in major litigation against insurers for over $2 billion in losses suffered due to Superstorm Sandy. Recoveries to date of over $1 billion from FEMA and $100 million from insurers.
Nationally ranked by Chambers USA, and finalist for Chambers USA’s Award for Excellence in Insurance (2018)
Recognized by The Legal 500 U.S. (2017 – 2018)
Team lawyers are lauded by Best Lawyers in America and Who’s Who Legal in the field of insurance
In 2012, without any warning, insurance giant AIG sued Victaulic Company, the world's leading producer of mechanical pipe joining solutions, seeking to take back more than $340 million of product liability insurance policies dating back more than a decade.
Victaulic hired Pillsbury to fight back. On August 5, 2015, a jury awarded Victaulic more than $55 million, including $46 million in punitive damages.