Steven schwartz trial#

ACI Insurance Allocation seminar, Panelist (June 24, 2016).“Arbitration 101,” Casualty Actuarial Society, Loss Reserving Seminar, Panelist (September 20, 2016).ARIAS-US Fall Conference, Co-Chair (November 17-18, 2016).Ethics Panel, ARIAS-US Spring Conference (May 4-5, 2017).“Arbitration 101,” Casualty Actuarial Society, Reinsurance Seminar, Panelist (June 6, 2017).Insurance Developments, IntAP Spring Meeting (June 7, 2017). “Expert Testimony by Actuaries,” Casualty Actuarial Society, Loss Reserving Seminar, Panelist (September 12, 2017).

“Arbitration 201: A Peek Inside The Hearing Room,” Casualty Actuarial Society, Reinsurance Seminar, Panelist (June 5, 2018).“Exit Bellefonte,” IRUA networking lunch (June 20, 2018).“A Tale of Three Jurisdictions: Recent Decisions on Arbitrator Disclosure in England, the Cayman Islands and the United States.,” ARIAS-US Fall Conference, Panelist (November 9, 2018).“Litigation on the Brink: Handling Disputes Before and After Liquidation,” ARIAS-US Spring Seminar, Panelist (March 13, 2019).“The Intersection Between Catastrophic Loss and the Regulatory Response,” ARIAS-US Spring Conference, Panelist (May 8, 2019).ARIAS-US Spring Conference, Co-Chair (May 8-10, 2019).Advised parties in connection with U.S.Represented a life reinsurance in a successful arbitration against the liquidator of its cedent.Represented both cedents and reinsurers in disputes relating to the allocation of asbestos and other losses.Represented the buyer of a runoff reinsurer in litigation arising out of breaches of representations and warranties in a Stock Purchase Agreement relating to reserves for September 11 aviation losses.

Steven schwartz trial#

Won a bench trial in New York federal court and a related arbitration hearing for a large European reinsurer in disputes arising out of its acquisition of a U.S.

Representing a ceding company in an arbitration concerning the application of an “hours clause” in a property catastrophe reinsurance treaty to a massive forest fire loss.

Won a favorable settlement for the purchaser of a stream of commission receivables in a litigation over breaches of representations and warranties in a Commission Purchase Agreement.

This work led to an efficient and favorable settlement for the client.

Dramatically reduced potential exposure for a finite risk reinsurer in connection with fraud claims by the cedent’s liquidator. Careful analysis of the cedent’s statutory financial statements showed that the reinsurance did not increase the company’s surplus, and therefore that the liquidator’s claims made little sense.

In Bellefonte, the Second Circuit had held that the “reinsurance accepted” provision of a facultative certificate was an absolute cap on the reinsurer’s liability, even where the underlying policy covered defense costs in addition to limits.

Authored amicus briefs that helped persuade the Second Circuit and New York Court of Appeals to abandon the 1990 Bellefonte decision.

Won a complete victory for another ceding company in an innovative streamlined arbitration regarding the interpretation of a casualty reinsurance treaty.

Won a complete victory for a ceding company client in an arbitration concerning the allocation of a large property loss.