McCarter’s Insurance Coverage practice was selected as one of five finalists for “Legal Team of the Year” by Business Insurance (BI) magazine for 2019. The awards recognize excellence in the commercial insurance and risk management industry.
The winner will be announced at an awards dinner in New York on March 21. This event will help raise funds for the BI endowment, which provide scholarships, grants, and programming at universities without risk management degree programs.
Just recently, McCarter’s Insurance Coverage Group obtained a millions of dollars for Wakefern Food Corp. and its ShopRite® members for storm Sandy losses; obtained insurance coverage for anti-trust suits against a major health insurer; secured summary judgment against Gemini Insurance Company in a multimillion dollar insurance coverage and broker negligence action, defeating the insurer’s argument that an insured vs. insured exclusion barred coverage; defeated Tampa Electric’s insurer’s third motion to dismiss a suit for additional insured coverage for an industrial accident; and, successfully secured a confidential settlement for a major pharmaceutical company, defeating its insurers’ late notice defenses.
Our team has obtained —both by judgment and settlement—billions of dollars in insurance assets for a broad range of policyholder clients, including the nation’s largest corporations and industrial concerns. In addition to insurance recovery, policy holders seek our team’s advice with assessing potential risks, analyzing new insurance products and considering the adequacy of their insurance programs.