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Covington has helped policyholders recover hundreds of millions of dollars of first-party insurance coverage for terrorism-related losses through litigation and settlement. Our experienced coverage lawyers have crafted creative approaches to resolving insurance disputes, often without the need for litigation, and have substantial experience resolving business interruption, contingent business interruption, extra expense, property damage, interdependency and loss mitigation claims. Covington lawyers have worked on every facet of such claims. We have advised senior management about how to effectively - and quickly - realize insurance recoveries necessary for rebuilding, consulted with adjustors and accountants about how to maximize insurance recoveries, and worked in the trenches with employees advising them on how to prepare individual claim submissions.
Representative Matters
- Represented American Express and the Bank of New York in connection with claims for coverage for losses arising out of the terrorist attacks on September 11, 2001.
- Represented a major mortgage lender in complex coverage litigation seeking insurance for first party losses arising out of the September 11, 2001 terrorist attacks.
- Represented a large policyholder in recovering event cancellation losses arising out of the September 11, 2001 terrorist attacks.
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