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 has represented policyholders in numerous significant and often headline-grabbing coverage disputes, including:
Secured a $72 million recovery for Lion Oil in Arkansas pipeline rupture lawsuit.
Delivered $55 million victory for Victaulic Company in insurance coverage battle against three AIG companies that involved breach of contract, bad faith and punitive damages.
Recovered $835 million in insurance proceeds for our client, Duke Energy, covering repair and power replacement costs stemming from the dormant Crystal River nuclear energy plant in Florida.
Representing New York University and NYU Langone Medical Center regarding their more than $1.4 billion property damage and business interruption insurance claims against FM Global arising from Superstorm Sandy.
The National Law Journal counts Pillsbury’s insurance recovery wins for Lion Oil and Victaulic among 2015’s top biggest wins.
Named “Insurance Group of the Year” 2015 and 2016 by Law360.
Team lawyers are lauded by Chambers USA, The Legal 500 U.S. and 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.