Blog Post 09.23.20
Combining deep experience resolving coverage and underlying insurance-related business issues with in-depth knowledge of key industry sectors, 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:
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.