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Insurance Insolvency

Philadelphia Attorneys: Insurance Insolvency

When claims overwhelm available resources, insurance companies may not be able to provide benefits to claimants. Third party administrators may be caught in a web of claims and counterclaims. The Philadelphia law firm of Vaira & Riley, P.C. handles insurance insolvency matters for clients whose access to policy coverage has suddenly been compromised.

Contact Vaira & Riley, P.C. to schedule a consultation with an experienced civil litigation attorney regarding insurance insolvency. Insurance insolvency cases often include one or more of the following issues:

  • Catastrophic losses
  • Third party administrator contracts
  • Insurance commissioner-appointed liquidators
  • Settlements with claimants and vendors
  • Channeling of funds for compensation
  • Pro rata benefits
  • Counterclaims
  • Asset recovery claims
  • Hearings before insurance commissioners

Few lawyers have the experience and knowledge necessary to represent a commercial entity in litigation involving the insurance commissioner related to an insurance company's insolvency. Vaira & Riley, P.C. understands these complex matters. Attorney Jack Gruenstein has handled such complex matters on behalf of claimants in insurance company rehabilitation and liquidation proceedings in the Commonwealth Court of Pennsylvania.

Lawyers whose clients are affected by insurance insolvency and liquidation are encouraged to contact the law firm to schedule a consultation. Contact the law firm by phone or by e-mail through this Web site.