As an outgrowth of our work with the London Insurance Market and as a result of our specialized knowledge of our clients’ business practices, we have increasingly become known for successfully litigating the most complex cases. Representative cases involve allegations of anti-trust, RICO, or class allegations or require coordination across the market. In the last year alone, Fields Howell won summary judgment for the Lloyd’s Market in an Arkansas state court case seeking more than $350 million in damages; obtained dismissal of a Florida federal court case demanding more than $1 billion in damages from three Lloyd’s syndicates; and settled a class action before incurring significant defense fees – where liability was indisputable – with the Market paying less than 15 cents on the dollar. Currently, Fields Howell lawyers are defending a coverholder against a forced-placed insurance class action involving placement of insurance in the London Market.
From these cases, Fields Howell has developed a strong relationship with both Lloyd’s corporate and insurance regulators across the U.S. Those relationships allow us to rally support where necessary from the broader London Insurance Market and keep regulators satisfied without compromising the defense of the case.