Email address
[email protected]Contact number
+1 215 988 2700About
Provided by Faegre Drinker Biddle & Reath, LLP
Insurance and reinsurance are important parts of Faegre Drinker’s heritage and among our greatest strengths. We began offering insurance counsel nearly 100 years ago and today maintain one of the nation’s largest and most respected insurance practices. We assist insurance companies, third-party administrators, and other insurance businesses and professionals in covering related legal needs across virtually all insurance lines. We provide M&A, transactional, regulatory and market conduct compliance services as well as litigation, public policy and insolvency counsel to publicly and privately held insurance entities. Partnering with you, we take charge of litigation, whether single-plaintiff lawsuits or multijurisdictional class actions, and defend you in regulatory enforcement disputes. We form, advise and manage captive insurers, risk purchasing groups and risk retention groups. And we understand InsurTech, Big Data, privacy and cybersecurity. Faegre Drinker has the depth and breadth of experience to handle the legal and public policy needs of players, large and small, in the insurance industry.
Chambers Review
Faegre Drinker has a Philadelphia-based team with particularly deep knowledge of the property and casualty aspects of insurance cases. The practice also offers expert advice on life and health insurance matters to large insurance companies, agents and reinsurers. It is recognized for its versatile handling of both transactional and contentious insurance matters. The team has notable experience in representing insurers in putative class actions, as well as in long-term care insurance matters.
Work Highlights
- Faegre Drinker represented Massachusetts Mutual in a lawsuit brought by an NBA player alleging that MassMutual and two other defendants were in breach of $100 million in life insurance policies issued to the player.
Strengths
Provided by Chambers
"Faegre Drinker are extremely knowledgeable and capable in handling complex and sophisticated issues and in helping guide the business in sound and prudent business decisions."
"I have complete confidence in the team to handle complex matters."
"Faegre Drinker is an excellent business partner that provides excellent advice."
"Faegre Drinker are extremely knowledgeable and capable in handling complex and sophisticated issues and in helping guide the business in sound and prudent business decisions."
"I have complete confidence in the team to handle complex matters."
"Faegre Drinker is an excellent business partner that provides excellent advice."
Notable Practitioners
Daniel Krane focuses his practice on insurance regulatory matters. He regularly assists insurance companies on corporate transactions, as well as providing compliance advice.
"A strong lead across all areas, Dan has great legal knowledge and strong personal skills."
"Dan is very thorough, with an in-depth knowledge of the regulations, and is locked in to what's going on in the industry."
"It is a pleasure to work with Dan. He listens well, he is knowledgeable and he provides thoughtful solutions."
Nolan Tully is an experienced advocate who regularly assists long-term care and disability insurers with regulatory and contentious matters.
"Nolan is always been extremely responsive, with deep industry expertise."
"Nolan is an excellent lawyer with valuable industry experience, particularly with life and long-term care products."
"He's very smart, client-focused and provides practical solutions."
Stephen Serfass is chair of the firm's insurance litigation practice group. He assists clients in the full range of disputes and has particular expertise in the area of long-term care insurance.
"Steve is outstanding to work with. He's very responsive and knowledgeable, and just a great person to be around."
"Steve is very good at saying when he thinks won't work and providing solutions that do."
"Steve is extremely knowledgeable practitioner with a lot of diverse experience and thought leadership. Steve is very customer-focused, a great partner and collaborator, and goes above and beyond to service his clients with quality and impact."
"Steve is always extremely responsive, with deep industry expertise and great perspective."