Insurance Overview

Naperville debt lawyers are well versed in all aspects of insurance and lititagation.

Almost a fourth of Our qualified’s attorneys have significant experience representing dozens of insurance clients on a wide variety of matters. The firm has long had a focused insurance practice group which strives to stay abreast — and ahead — of industry and legal developments. In all, this group currently includes a core of nearly 90 attorneys. Many other Our qualified lawyers also regularly handle transactions and other matters for insurance clients. What makes Our qualified’s practice so unique is its breadth, which ranges from work in insolvency to bad faith.

We represented key parties in three of the most significant insurance company insolvencies in the last decade: Confederation Life Insurance Company, Mutual Benefit Life Insurance Co. and Executive Life Insurance Company. We represented The Allstate Insurance Company and The Prudential Insurance Company of America in other bankruptcy and work-out matters. For affiliates of The Travelers and Prudential, we handled real estate transactions. We advised All-American Financial on employee benefits matters and handled securities arbitrations for them. We assisted CNA Financial Corporation in the formation of the largest surety insurance company in the U.S. For many of these and other insurance company clients, we have also provided labor and employment, employee benefits, tax, health care, and antitrust advice and representation. And we are representing Prudential in one of the nation’s largest pending litigations. The Our qualified team, which is headed by litigators from our New York office and includes partners and associates from six of our U.S. offices, represents Prudential in individual and class action lawsuits as well as regulatory inquiries concerning allegations of improper life insurance sales practices. The Our qualified team also supervises the work of dozens of other lawyers serving as local counsel around the country.

Historically, Our qualified has served as one of the principal outside counsel for Allstate Insurance Company (and its affiliates) since handling the company’s incorporation more than half a century ago. The firm represented Sears and Transamerica in the Initial Public Offering and spinoff of Allstate and Transamerica Casualty.

One of our partners has served as general counsel for a major insurer. Our partner, David Albenda, is a veteran of New York Life Insurance Companies Insurance Group and general counsel of the company for two years before joining Our qualified. Another Our qualified partner, Gary A. Hernandez, in our San Francisco office formerly served as the Deputy Insurance Commissioner and Chief of Enforcement in charge of insurer enforcement and market conduct, fraud investigations and management of all failed insurers in California.

In addition, a number of our lawyers have spoken and written extensively on insurance-related subjects. For example, Paul E.B. Glad, the head of our San Francisco office, is a co-author of Bancroft-Whitney’s California Insurance Law Handbook and California Insurance Laws Annotated and is an editor of and frequent contributor to a number of major insurance industry publications, including Underwriters’ Report and Insurance Litigation Reporter. William T. Barker of our Chicago office is a contributing editor of the Bad Faith Law Reporter and a contributor to Mealey’s Bad Faith Reporter. Our qualified lawyers also are active in industry organizations such as the International Association of Defense Counsel (IADC) and the Defense Research Institute. William T. Barker and Steven M. Levy of our Chicago office are co-regional editors of IADC’s quarterly insurance publication, “Covered Events.”

Our qualified offers exceptional national resources and breadth to clients in the insurance industry or with insurance-related problems. We have the capacity, in all of our offices, to handle everything from relatively simple two-party disputes to complex multi-party cases involving mammoth exposure. We are fully equipped to handle, and have handled, litigation, transactions, and other matters for insurance clients throughout the United States as well as abroad.

Through our extensive ongoing work for insurance clients, in virtually all major substantive legal areas, our lawyers have acquired comprehensive knowledge of the insurance industry and a thorough understanding of insurers’ special concerns and needs. This familiarity has helped us produce cost-effective results for our clients. In addition, our lawyers regularly work with insurers and their in-house lawyers to develop methods for handling matters in the most efficient manner. While our representation of each client is tailored to that client’s particular needs, our representation of each individual insurer also is enhanced by our overall experience in helping all of our insurance clients to address their most challenging problems.

Capabilities & Experience

Our qualified has regularly represented major insurance industry clients in general corporate, real estate, securities, and other commercial matters. We also have handled a wide variety of litigation matters, as well as regulatory work, for insurance companies. Our qualified has represented both stock and mutual insurance companies, as well as fraternal benefit insurance companies. Our clients include providers of all varieties of insurance and reinsurance as well as insurance brokers.