Insurance

With such ongoing change in the insurance industry, it is vital to have people who understand the industry's changing landscape by your side. M&A activity in the industry has shown that larger players with broader capacity are gaining competitive edge on a national and global scale. This has an impact on every aspect of the business. Working with both insurance and insurance purchasing clients, our lawyers understand the challenges of the insurance business in all its varying sectors. Our lawyers work with property and casualty insurers, life and health insurers, financial services firms, health maintenance organizations, agents, brokers, and other intermediary clients in a broad range of corporate transactions including real estate investments, mergers & acquisitions, coverage, regulatory, litigation, arbitration, claims and insolvency matters.

Our insurance team collaborates with members of the corporate, employment, securities, real estate, litigation, banking, and financial services groups within the firm to provide the best service and most advantageous solutions possible for our clients.

Representative Client Work

Represented insurance company lender in five property, multi-state, $95 million mortgage financing of hotels
Represented insurance company lender in $50 million mortgage financing of downtown Boston office building
Represented insurance company lender in fifteen property, multi-state, $45 million sale-leaseback of healthcare facilities
Represented a major European insurance company in successful defense of World War II era claims, described by claimants' counsel as in excess of one billion dollars
Represented a maritime insurer in successful defense of claims for insurance coverage relating to several hundreds of millions of dollars of claims for asbestos related illness
Successfully obtained dismissal of multi-count complaint by disgruntled insured on behalf of insurance services association concerning denial of toxic mold claims
Established coverage of defense costs for defendant in major CERCLA litigation
Established coverage for private university in several hazing cases involving multimillion dollar compensatory and punitive damages claims
Representation of insurance companies in connection with purchase of $25 million of senior subordinate mortgaged-backed notes issued by manufacturer
Represented life insurance company lender on a $195 million first mortgage loan secured by 1,230,000 square foot, 46-story office building located in New York