Real Results Through Comprehensive Experience
In the last decade we've seen a dramatic evolution in reinsurance law. While reinsurance still remains governed by the doctrine of uberrima fides, substantial exposures faced by reinsurers as a result of pollution and asbestos claims, and insurer and reinsurer insolvencies, have driven reinsureds and their reinsurers to increasingly resort to litigation and arbitration.
Our firm matured into its current practice within this new reinsurance environment and has an intimate understanding of what is required to successfully represent reinsureds, reinsurers, and intermediaries.
Our energetic representation pays off in the form of an exceptional track record in obtaining results for our clients. This track record is a direct result of our vast experience in the reinsurance industry as well as our knowledge of other types of insurance matters such as regulatory matters, coverage questions, and programs and forms. In particular, though, our dealings with the New York Insurance Department, and the Department's Liquidation Bureau deeply inform our practice. O&B's reinsurance attorneys represent clients in connection with varied matters pertaining to treaty and facultative reinsurance, contract interpretation, and disputes arising out of claims handling, loss allocation, and settlements believed to fall outside the traditional "follow the fortunes" doctrine.
