Insurance recovery law for corporate policyholders is a complex area of law that should not be left to general litigators. The field is rapidly changing, making it exceedingly difficult for even the best general litigators, or part time insurance lawyers, to follow. To avoid costly mistakes, corporate policyholders are best served by first consulting with a law firm whose sole focus is insurance recovery work. In today's video, founding partner Mark Miller talks about a case in which a client came to them after another part time insurance coverage attorney at a large law firm concluded that the case couldn't be won. By staying current with the intricacies of this particular area of law, Miller Friel was able to deliver for this client on a multimillion dollar dispute.
Why You Need Insurance Recovery Law Specialists
Great attorneys from large prestigious law firms can be the perfect fit for some kinds of litigation and corporate law – but, due to conflicts of interest, these same firms cannot pursue insurance claims. With insurance recovery law, you need the focus and experience that a dedicated insurance recovery firm like Miller Friel brings to the table. To learn more, watch the video and please call us if you have any questions about your existing coverage or policy renewals.
To read the transcript of the video, please continue:
Our focus and experience with corporate insurance law leads to results for our clients.
We get a lot of calls from lawyers across the country, defense lawyers, various firms who have stories about their cases and what they’ve done with their insurance. And I’ll give it to us and they’ll say, I’m not happy, this is not going the way that I wanted to. I gave it to a lawyer in my firm and it’s not getting the results I wanted. I’m a bright guy or woman I went to law school, and I did some coverage work at some point in time and I think they got the wrong answer.
One fellow calls, he is very high up, in a big law firm, runs the litigation department and he says, you know I should’ve called you guys earlier but I didn’t, I gave it to a guy in another office who said he could do insurance. And I said, that’s fine, well maybe he could do it. He goes, the problem is he gave us the wrong answer. He said it wasn’t covered. Well I said he might be right, maybe it’s not covered, let’s take a look at it. He said, I’ll send it all to you, but let me tell you the issue.
So he told us the issue and I said, did that lawyer tell you that that’s one of the most important issues in insurance law that we’re dealing with now a days.? And he said, no he didn’t mention that, he pulled out some insurance company cases where they won and said you can’t win. I said, did he pull out the ones where you did win? He said, no I didn’t see any positive cases. So he said, you have to get on a call with the client today and we will transfer the stuff over to you guys.
So we have it, we look at it, it’s covered and we delivered on multiple layers of and D&O insurance policy, knocking off every $5 to $10 million piece as we go up and we deliver it for the client and the client was very happy. And this is when someone said, it wasn’t covered, when a smart person at a good law firm said, it wasn’t covered.
Miller Friel, PLLC is a specialized insurance coverage law firm whose sole purpose is to help corporate clients maximize their insurance coverage. Our Focus of exclusively representing policyholders, combined with our extensive Experience in the area of insurance law, leads to greater efficiency, lower costs and better Results. Further discussion and analysis of insurance coverage issues impacting policyholders can be found in our Miller Friel Insurance Coverage Blog and our 7 Tips for Maximizing Coverage series. For additional information about this post, please email or call Mark Miller (MillerM@MillerFriel.com, 202-760-3161).
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
