Eric Haab
USA Guide 2023
Band 2 : Insurance: Dispute Resolution: Reinsurance
Band 2
About
Provided by Eric Haab
Experience
Eric Haab is a dispute resolution attorney concentrating his practice in the areas of reinsurance, insurance, and insurance insolvency. For more than 30 years, Eric has represented ceding companies and reinsurers in the United States, United Kingdom, Europe, and Asia in the litigation and arbitration of complex reinsurance disputes. He is a partner in the firm’s Insurance & Reinsurance Litigation Practice.
In addition to his property and casualty matters, since the early 1990s, Eric’s practice has involved numerous life, accident, and health reinsurance disputes, providing Eric with an understanding of the cutting-edge business and legal issues facing life insurers and reinsurers that is rare in the life reinsurance sector. As a trusted advisor to some of the industry’s leading companies, Eric frequently counsels clients with respect to untested and novel issues and provides advice regarding treaty revisions designed to avoid future problems.
Eric’s recent life and health matters include counseling and numerous disputes regarding yearly renewable term (YRT) life reinsurance premium rate increases, life reinsurance administration and accounting issues, secondary guaranty riders, the proper calculation of reserves, alleged jumbo limit violations, the reinsurance of guaranteed living and death benefits associated with variable annuity benefits (GMxBs), “pre-need” life insurance policies, alleged misrepresentations in the pricing of life reinsurance treaties, life insurance underwriting disputes, medical stop-loss reinsurance, and various portfolios of personal accident reinsurance. Recent property-casualty cases have involved high-layer catastrophic worker’s compensation coverage, fronting-related disputes, property-catastrophe reinsurance, Bermuda Form coverage issues, allocation disputes, and many cases involving significant asbestos liabilities.
Prior to joining Foley, Eric was a partner in the Chicago office of another firm. He was a founding member of that office and served as its managing partner for six years.