Insurance Coverage Counseling
Our Insurance Coverage attorneys regularly work with clients to provide proactive insurance coverage counseling and advice over a wide array of issues. Our coverage counseling includes policy audits, coverage assessments for potential losses and risks, and help with negotiating favorable coverage terms when insurance is being purchased or renewed. During corporate transactions, we help our clients with insurance due diligence, contract drafting relating to insurance and indemnification, and ensuring that the parties' allocation of risk and long-tail liabilities are properly insured.
Maslon has one of the nation’s top insurance coverage practices representing policyholders. Whether the goal is to obtain coverage for the defense or settlement of a lawsuit brought against a corporate client; maximize insurance proceeds for a catastrophic property, business interruption or crime loss; litigate a complex coverage dispute; or obtain a policy audit or risk assessment; our deep bench of coverage attorneys proceed with one goal in mind: to ensure that the insurance coverage our clients bought and paid for is there when they need it.
Our lawyers bring industry expertise gained from successfully litigating many of the major Minnesota coverage cases, as well as national cases valued in the hundreds of millions, and we also routinely obtain favorable pre-suit insurance settlements on behalf of our clients. Our expertise includes all types of insurance, including commercial general liability (CGL), product liability, property, business income, crime and fidelity, directors and officers (D&O), professional liability (E&O), employment practices liability, cyber-liability, representation and warranties, worker's compensation, and recall coverage. We have represented clients in cases involving construction defect, mass tort/product liability, investment, accounting and financial services, reps and warranties, environmental, asbestos, and premises liability claims. Our clients include those in disputes with the nation's largest insurers as well as commercial entities that are self-insured or have large retentions and need help providing defense, liability, and claims-handling services to obtain protection under reinsurance and excess insurance programs.