What We Do
ClaimsClaims:
Legacy Long-tail Liability Claims
The Claro Group’s experience with long-tailed third-party insurance claims is second to none. Our unique combination of financial, coverage, allocation, and negotiation experience to develop and execute strategies, will achieve the optimal result for your organization. In all major insurance markets our team has helped clients and their outside counsel achieve over $4 billion in settlements nationally and internationally, with both runoff and active insurers. Our long-tailed liability claim experience includes:
- Asbestos
- Silica and other mixed dust
- Lead pigment
- Silicone implants
- Occupational hearing loss
- PCB, benzene, MTBE and other chemical claims
- Environmental remediation and toxic torts
- Employer’s liability claims
Our settlement solutions cover the spectrum of possibilities:
- Full-policy buybacks / commutations
- Structured settlements
- Coverage in place
- Combination of cash settlements with restructured future coverage
- Settlements with some or all proceeds purchasing new coverage
- Transactions with runoff/insolvent/solvent scheme companies
The right structure for your settlement is dependent upon many variables, and we investigate each angle to provide the best solution.
Our team becomes involved at various stages of maturity, including settling claims without litigation, engaging after years of protracted coverage litigation, testifying to coverage, allocation issues and monitoring and settling insurance claims against insolvent insurers and schemes of arrangements.
Our Approach
We follow a comprehensive three phase approach:
- Initial policy and exposure analysis (including policy archaeology if necessary)
- Detailed claim documentation, policy and allocation analysis
- Presentation and negotiation of claims and negotiating the right deal structure
- John R. Cadarette, Jr.
Chairman / Managing Director
(310) 581-6278
EmailvCard - Michael Gardner
Managing Director
(312) 546-3410
EmailvCard - George G. Hansen
Senior Advisor
(713) 454-7731
EmailvCard - Mark C. Hargis
Senior Advisor
(312) 543-1127
EmailvCard - Matthew P. Infantino
Managing Director
(312) 546-3424
EmailvCard - Karl L. Killian
Managing Director
(713) 454-7732
EmailvCard - Ross I. Mishkin
Managing Director
(312) 546-3402
EmailvCard - Jacob S. Parsons
Managing Director
(202) 800-7533
EmailvCard - Shawn P. Pickens
Managing Director
(713) 454-7737
EmailvCard - Gerald ("Jerry") L. Richardson
Managing Director
(312) 893-4625
EmailvCard - Matthew A. Schwab
Managing Director
(312) 546-3422
EmailvCard - Joseph Tess
Managing Director
(312) 546-3416
EmailvCard - Brian S. Twellman
Managing Director
(713) 454-7734
EmailvCard - Michelle L. Uddin
Managing Director
(312) 546-3404
EmailvCard - Ron E. Van Epps
Managing Director
(312) 546-3407
EmailvCard - E. Weiant Williams
Managing Director
(312) 546-3418
EmailvCard