Larry P. Schiffer
Larry Schiffer contributes articles on
reinsurance issues to
IRMI.com.
Mr. Schiffer is a partner with Dewey & LeBoeuf LLP. Previously, he was a
partner with Werner & Kennedy and was a law assistant for the New York Supreme
Court, Appellate Division, Second Department.
He is a member of the American Bar Association's Tort, Trial and Insurance
Practice Section, where he was chair of the Excess, Reinsurance & Surplus
Lines Committee and presently is vice chair and webmaster of that committee.
He was chair of the New York State Bar Association Committee on Association
Insurance Programs for nine years, and is chair of the Technology Committee
of ARIAS*U.S.
He has been recognized by Chambers USA, Insurance: Dispute
Resolution; Euromoney's Guide to the World's Leading Insurance and
Reinsurance Lawyers; the International Who's Who of Business Lawyers; and
the International Who's Who of Insurance & Reinsurance Lawyers.
Mr. Schiffer
has lectured and been published on insurance and reinsurance litigation and
other insurance topics. His published articles include the following.
"Arbitration in Run-off—The Receivership Anomaly—Part 2,"
AIRROC
Matters, Fall 2008
"Arbitration in Run-off—The Receivership Anomaly—Part 1,"
AIRROC Matters, Spring 2008
"A Brief Review of Reinsurance Trends
in 2007," Andrews Litigation Reporter—Insurance Coverage, Vol. 18, Issue
25 (March 28, 2008), co-author
"An Introduction to Technology in Reinsurance
Arbitration," ARIAS·U.S. Quarterly, Vol. 14, No. 4
(2007)
Insurance Law Practice, Chapter
15—Reinsurance, New York State Bar Association, John M. Nonna et al. eds.
(2nd Edition 2006)
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"Leveling the Playing Field: An Analysis of Neutrality Issues in Reinsurance
Arbitration," ARIAS•U.S. Quarterly,
Vol. 13, No. 1 (1st Quarter 2006)
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"Physics and the Insurance and Reinsurance Industry,"
The International Who's Who of Insurance
& Reinsurance Lawyers, 2005 edition (coauthor)
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"Caveat Reinsurer: Reinsuring Punitive Damages Under ECO Clauses," 9
Journal of Reinsurance 23 (Summer
2002) (coauthor)
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"Recent Developments in Excess Insurance, Surplus Lines Insurance, and
Reinsurance Law," 36 Tort & Ins. Law Journal
309 (2001) (coauthor)
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"Reinsurance Arbitration and the Year 2000 Problem,"
Mealey's Litigation Reports: Reinsurance,
Vol. 11, No. 2 (May 25, 2000)
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"Allocation of Environmental Claims Settlements to Reinsurers,"
Journal of Insurance Coverage, Spring
2000
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"Class War by Plaintiff's Lawyers," Year in Review,
Lloyd's List Insurance Day (January
4, 2000)
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"US Legal Review," Reinsurance
(December 1999)
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"Commentary—Compressing the Future: The Movement Toward Reinsurer Responsibility
for Contingent Claims," Andrews International
Reinsurance Dispute Reporter (January 6, 1997)
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"A Practical Guide to Reinsurance Audits,"
Mealey's Litigation Reports, Insurance,
Vol. 5, No. 11 (Oct. 11, 1994)
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"Note: The Availability of Benefit of the Bargain Damages in a Fraud
Action Under Section 2-721 of The Uniform Commercial Code," 43
Albany Law Review 930 (1979)
Mr. Schiffer received his JD degree from Albany Law School of Union University,
where he graduated cum laude and was a member of the Albany Law Review and the
Justinian Society, and received his BA degree magna cum laude from Brooklyn
College of the City University of New York.
Mr. Schiffer practices in the areas of commercial, insurance, and reinsurance
litigation, arbitration, and mediation. He also serves as a mediator for the
mandatory commercial mediation program of the U.S. District Court for the Southern
District of New York and for the New York Supreme Court Commercial Division,
Alternative Dispute Resolution Program.
Articles on IRMI.com
Insurance Law: Reinsurance
Playing the Name Game—An Update on Cut-Through Clauses
(August 2009)
Third-Party Guarantees of Reinsurance Obligations: I Guarantee It!
(June 2009)
Clash
Cover Reinsurance and Economic Catastrophe Losses (March 2009)
Turnabout Is Fair Play—Reinsurers Now Have Credit-Risk Worries
(December 2008)
Where Has
Traditional Reinsurance Gone? (August 2008)
Consolidation Issues in Reinsurance Contracts (June 2008)
Reinsurancese—Time
for a Change? (March 2008)
Keeping the Information
Flowing: Loss Notice and Reporting Clauses in Reinsurance Contracts (February
2008)
Adventures in
Reinsurance Contract Wording (October 2007)
When the Government
Is Your Reinsurer (June 2007)
The Honorable
Engagement Clause (But I Thought I Had a Legal Contract!) (March 2007)
The Strain To
Retain (December 2006)
How To Make Friends
with Your Reinsurer (September 2006)
Reinsurance Arbitration—A
Primer (June 2006)
Stuck in the
Middle—The Reinsurance Intermediary (March 2006)
Contract Finality—What
a Concept! (January 2006)
Avoiding the
Reinsurance Credit Risk (September 2005)
The Late Notice
Defense in Reinsurance—Updated (June 2005)
Should I Stay
or Should I Go Now? (March 2005)
The Naked Truth—The
Reinsurer's Right to Information (December 2004)
Multiyear Policies
and Annualization of Reinsurance Limits (September 2004)
Insurer Insolvency
and Reinsurance (July 2004)
Follow-the-Fortunes
Updated (April 2004)
Up-Front about
Reinsurance (January 2004)
Understanding
the Business-Covered Clause in a Reinsurance Contract (November 2003)
To Commute or
Not To Commute, that Is the Question (July 2003)
Who Owes Whom?
Understanding Setoffs in Reinsurance (March 2003)
When Errors Occur
in a Reinsurance Relationship (December 2002)
Late Notice in
Reinsurance Claims: Does Prejudice Matter? (September 2002)
Sorting Out the
Reinsurance Contract Morass (March 2002)
If It Looks Like
a Claim and Sounds Like a Claim, Is It a Claim for Reinsurance Purposes?
(January 2002)
Understanding
Reinsurance Terminology—Follow-the-Fortunes (October 2001)
The Trouble with
Giving Away the Pen (June 2001)
Cut-Through Provisions
in Reinsurance Agreements (March 2001)
The Reinsurance
Relationship—How Special Is It? (December 2000)
Adventures in
Contract Wording: The Effect of Ambiguous Reinsurance Contract Language
(September 2000)
Are Punitive
Damage Awards Recoverable under Reinsurance Agreements? (June 2000)
Reinsurance Matters
(March 2000)