Platt Richmond’s Policyholder Coverage Litigation practice helps businesses and other insureds navigate these disputes to protect the insurance coverage they have purchased. We work with clients to evaluate coverage prior to purchase, understand their insurance programs, assess coverage issues, develop claim strategies, and pursue available insurance proceeds when disputes arise or losses are incurred.
Our attorneys handle a broad range of commercial insurance matters, including property and casualty, commercial general liability, professional liability, directors and officers liability, errors and omissions liability, representation & warranty coverage, builders risk, inland marine and cargo, cyber, employment practices liability, and other specialty coverages.
Platt Richmond’s representative experience includes:
- Achieved favorable settlement for subprime lender in connection with claims against its E&O insurer to obtain millions of dollars of coverage for a claim of “unfair” lending practices;
- Obtained ruling by the Third Circuit that claims for infringement of a trademarked title were covered under CGL policy; achieved favorable settlement on behalf of fragrance manufacturer that asserted those infringement claims upon assignment of infringing party’s insurance proceeds;
- Obtained judgment on behalf of insured in broker malpractice litigation involving marine inland and commercial general liability policies;
- Obtained ruling requiring insurer to advance defense expenses under D&O policy for both covered and excluded claims against the insured;
- In the wake of heavy rains, hurricanes, freezes, and other natural disasters, prepare coverage analyses for businesses seeking to recover business interruption and property damage losses, and worked directly with insurers to assist in clients’ recovery efforts
- Achieved favorable settlement for homeowners’ association board of directors in connection with claims against its management liability insurer to obtain coverage for claims the board alleging breaches of fiduciary duty, despite policy’s property damage exclusion
- Advised insured minority investor in corporation in connection with potential avenues of recovery under various policies to obtain coverage for third-party claims alleging business disparagement and related wrongful acts
- Advise insureds and negotiate with insurers on property losses under various property coverage forms.
