Larry Schiffer practices in the areas of commercial, insurance and reinsurance litigation, arbitration and mediation. He also provides advice on coverage, insurance insolvency, and contract wording issues for a wide variety of insurance and reinsurance relationships. 

He is active in legal and insurance industry associations where he has held various leadership positions. He has lectured in the US, Bermuda and the UK, and has been widely published on reinsurance and other insurance, litigation, and technology topics in various national and international journals and publications and is editor-in-chief of the Insurance and Reinsurance Disputes Blog. In addition, Larry serves as a mediator for the mandatory commercial mediation program of the US District Court for the Southern District of New York, and for the New York Supreme Court Commercial Division's Alternative Dispute Resolution Program.

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  • Representing first-named insurance carrier plaintiff in a major declaratory judgment action concerning insurance coverage for personal injuries arising out of mild traumatic brain trauma of former National Football League players.
  • Represented London Market in litigation with the World Trade Center Captive Insurance Company over coverage for more than 10,000 plaintiffs claiming respiratory injuries arising out of the September 11, 2001 terrorist attack on the World Trade Center.
  • Represented lead blanket bond insurer in a declaratory judgment action concerning claims arising out of the Madoff Ponzi scheme.
  • Represented a major reinsurer in the Unicover debacle in a confidential multiparty arbitration and related litigation.
  • Represented medical malpractice insurer in multiple challenges to premium rates allowed by insurance regulator.

Education

  • Albany Law School, J.D., cum laude, 1979
  • City University of New York, Brooklyn College, B.A., magna cum laude, 1976

Admissions

  • New York

Courts

  • U.S. Ct. of App., Second Circuit
  • U.S. Ct. of App., Ninth Circuit
  • U.S. Dist. Ct., E. Dist. of New York
  • U.S. Dist. Ct., S. Dist. of New York

Memberships and Affiliations

  • Member, New York State Bar Association; Chair, Committee on Association Insurance Programs, 1999-2008; Member, Commercial and Federal Litigation and Tort, Insurance and Compensation Law Sections
  • Member, American Bar Association; Section of Litigation; Section of Trial Tort & Insurance Practice; Chair, Excess, Surplus Lines & Reinsurance Committee, 1994-1995, Vice-Chair, Webmaster, Listserv Manager, 1997-present; Chair, Technology Committee, 1997-1999, 2006-2008, 2012-2013; Chair, Electronic Media Coordinating Group, 1999-2000; Member, Communications Coordinating Group, 1997-2000; Distance Learning Co-Coordinator, 2000-2001; Co-Coordinator of Regional Meetings, 1995-1997; Member, CLE Board, 1995-1997, 1998-2001; Member, Communications Website Editorial Board, 2005-2008; Member, Task Force on Revenue Enhancement, 2006-2008; Member, Annual Meeting Arrangements Committee, 2007-2008; Member, Task Force on Disaster Relief Insurance Coverage, 2008-2009; Member, Task Force on Disaster Preparedness and Response, 2011-2012; Member, Cybersecurity Task Force, 2015-present
  • Chair, Technology Committee, ARIAS•U.S.; Member, ARIAS•U.S. Ethics Discussion Committee
  • Past Vice Chair, Reinsurance Excess and Surplus Lines Section, Federation of Defense & Corporate Counsel
  • Expert Commentator, Reinsurance Issues, International Risk Management Institute, IRMI.com
  • Insurance Law 360, Editorial Advisory Board, 2009-2010
  • President, National Alumni Association, Albany Law School of Union University, 2005-2007
  • Member, Board of Trustees, Albany Law School of Union University, 2007- 2011
  • Past Co-Chair and Member, Executive Committee, MDA’s Wings Over Wall Street

Clerk Experience

  • Justices of the New York State Supreme Court, Appellate Division, Second Department
    Law Assistant
    October 1979 - December 1981
  • Recognized in Chambers USA 2017 Edition for: New York - Insurance: Dispute Resolution: Insurer
  • Recognized as one of the Top 30 Practitioners of Insurance and Reinsurance Law in Euromoney’s 2017 Best of the Best Expert Guide
  • Recommended in Chambers USA 2016 Edition for Insurance: Dispute Resolution: Insurer in New York
  • A Martindale-Hubbell ® featured 5.0 Peer Review Rated Lawyer, 2016
  • Chambers USA, Insurance: Dispute Resolution (2006-2015)
  • Who’s Who Legal 100, Insurance and Reinsurance (2015)
  • Who’s Who Legal, Insurance and Reinsurance (2005-2016)
  • Legal 500 US, Recognized for Litigation: Insurance: Reinsurance (2009-2016)
  • Expert Guides to the World’s Leading Insurance and Reinsurance Lawyers (2004-2016)
  • Expert Guides Best of the Best USA, Insurance and Reinsurance, 2014, 2016
  • Andrew C. Hecker Memorial Award, American Bar Association, Tort Trial & Insurance Practice Section (2014-2015)
  • Leadership in Action Award, American Bar Association, Tort Trial & Insurance Practice Section (2011-2012)
  • Donald D. DeAngelis Excellence in Alumni Service Award, Albany Law School (2007)
  • Humanitarian Award, MDA’s Wings Over Wall Street (2007)
  • Edmund S. Muskie Pro Bono Award, Tort Trial and Insurance Practice Section, American Bar Association (2006)
  • Member, Albany Law Review, Albany Law School

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  • Author, “Lack of Sophistication Does Not Excuse Late Notice of Claim,” Lorman Education Services, April 7, 2017. 
  • Author, “Notice to Carrier Means Notice to Carrier,” The ALI Adviser, March 31, 2017. 
  • Co-author, “A Brief Review of Reinsurance Trends in 2016,” WestLaw Journal Insurance Coverage, March 17, 2017.
  • Author, "What is a Financial Interest Clause in a Reinsurance Contract?" IRMI Update, International Risk Management Institute (IRMI.com), August 19, 2016.
  • Co-Author, “A Brief Review of Reinsurance Trends in 2015,” Westlaw Journal, Insurance Coverage, Vol. 26, Issue 21 (April 1, 2016)
  • Author, “Allocation in the Mind of the Ceding Insurer," International Risk Management Institute (March 2016)
  • Author, “Service of Suit and Removal,” Mondaq.com (January 19, 2016)
  • Author, “TIPS Goes to London,” TortSource (Winter 2015)
  • Author, “Clash Cover and Bad Faith,” International Risk Management Institute (December 2015)
  • Author, “Using the Unfortunate Event Test for NY Insurance Claims,” Law360 (October 2015)
  • Presenter, “Arbitration of Insurance Policy Disputes: Knowing the Advantages and Disadvantages in 2016 & Beyond,” Webcast, The Knowledge Group (October 2015)
  • Author, “When Workers’ Comp Board Rulings Affect Excess Insurance,” Law360 (July 27, 2015)
  • Co-Author, “The New ARIAS•U.S. Neutral Rules for the Resolution of U.S. Insurance and Reinsurance Disputes,” ARIAS•U.S. Quarterly, Vol. 22, No. 1 (1st Quarter 2015)
  • Author, “Which Came First, the Insurance Policy or the Reinsurance Contract?,” International Risk Management Institute, (December 2014)
  • Author, “Have You Been Hacked?,” Tech TIP, TortSource, (Fall 2014)
  • Co-Author, “Best Practices for Cost Effective and Compliant E-Discovery in Runoff,” AIRROC Matters, Vol. 10, No. 3 (Fall 2014)
  • Editor and Co-Author, “50 Reinsurance Cases Every Risk Professional Should Know,” eBook, International Risk Management Institute (October 2014)
  • Author, “When Is a Reinsurance Treaty Not a Reinsurance Treaty?,” International Risk Management Institute (September 2014)
  • Speaker, “Terrorism Risk Insurance Act (TRIA) Reauthorization Update, The Insurance Industry Perspective,” Webinar (September 9, 2014)
  • Panelist, “Social Media and Decision Making in the Arbitration Process” (May 9, 2014)
  • Speaker, “Cyber-risk in the Target Age,” Brokers and Reinsurance Markets Association Committee Rendezvous (April 28-29, 2014)
  • Speaker, “Negotiating and Drafting Secure and Comprehensive Commutation Agreements,” American Conference Institute’s 9th Annual National Run-off and Commutations Summit (April 23, 2014)
  • Speaker, “Changes to the ARIAS•U.S. Arbitrator Ethical Guidelines,” ARIAS•U.S. Fall Conference and Annual Meeting (November 1, 2013)
  • Speaker, “Difficult Issues in Arbitration – Even For Experienced Arbitrators,” ARIAS•U.S. Fall Educational Seminars, New York, NY (October 30, 2013)
  • Speaker, “NFL Concussion Injury Cases,” Brokers and Reinsurance Markets Association, Claims Committee Meeting (September 10, 2013)
  • Author, “Reinsurance and Ever-Expanding Regulation and Oversight,” International Risk Management Institute (September 2013)
  • Presenter, “Adventures in Contract Wordings: The Effect of Ambiguous Reinsurance Language,” Lloyd’s Market Association LMA Academy Masterclass – Contract Wordings Forum, London (April 17, 2013)
  • Presenter, “Facultative Reinsurance Certificates in an MRC Environment,” Lloyd’s Market Association Terrorism and Political Violence Panel, London (April 16, 2013)
  • Co-presenter, “The Public Policy Ramifications of Superstorm Sandy on the Insurance Industry,” West LegalEdcenter Webinar (January 31, 2013)
  • Moderator, “U.S. Sanctions Compliance for the Insurance Industry,” West LegalEdcenter Webinar (December 19, 2012)
  • Moderator, “The Growing Expansion of Insurance Coverage Demands for Financial Fraud Claims,” West LegalEdcenter Webinar (October 22, 2012)
  • Author, “Preparing a Busy Business Executive for Deposition,” ExecSense (October 2012)
  • Moderator, “Understanding and Preparing for Disaster Caused by Terrorist Acts,” American Bar Association Annual Meeting, Chicago, IL (August 3, 2012)
  • Speaker, “Adventures in Contract Wording–The Effect of Ambiguous Reinsurance Contract Language,” C.D.W.G. Contract Wording Discussion Group (June 5, 2012)
  • Co-author, “Strategies and Considerations for Using International Arbitration to Resolve Commercial Disputes,” Strategies for International Arbitration, Aspatore Books (June 2012)
  • Speaker, “Troubled Companies: Trouble for Reinsurers?,” Reinsurance Association of America Current Issues Forum (May 23, 2012)
  • Speaker, “Ethical Issues in Reinsurance Arbitration,” American Conference Institute’s Advanced Forum on Reinsurance Disputes and Arbitration, New York, NY (April 30-May 1, 2012)
  • Author, “Consensual Alteration of Arbitration Clauses,” AIRROC Matters (Spring 2012)
  • Author, “What Time Is It? Determining the Statute of Limitations in Reinsurance Disputes,” Expert Commentary, IRMI.com (February 2012)
  • Author, “More Porridge Please: Reinstatements in Reinsurance,” Expert Commentary, IRMI.com (December 2011)
  • Author, “Understanding Reinsurance Terminology – Bordereau,” Expert Commentary, IRMI.com (September 2011)
  • Author, “Multiparty Reinsurance Contracts - All for One and One for All,” Expert Commentary, IRMI.com (May 2011)
  • Author, “How Court Decisions Can Help Improve Arbitration Clauses in Reinsurance Contracts,” The Brief (Spring 2011)
  • Author, “The Index Clause: One Way to Stem the Effect of Inflation on Long-Tail Claims Under Excess-of-Loss Reinsurance Contracts,” Expert Commentary, IRMI.com (December 2010)
  • Author, “Reinsurance,” Chapter 15, Insurance Law Practice, Second Edition, Volume One, New York State Bar Association (2010)
  • Author, “Mirror, Mirror on the Wall,” ARIAS U.S. Quarterly, Vol. 17, No. 4 (Fourth Quarter 2010)
  • “My Reinsurer Is In Runoff. What Do I Do Now?” Expert Commentary, IRMI.com (June 2010)
  • Author, “Recent Developments on Follow-the-Fortunes in the United States,” Newsletter of the Excess, Surplus Lines and Reinsurance Committee of the American Bar Association’s Section on Tort, Trial and Insurance Practice (Fall 2009)
  • Co-Author, “A Brief Review of Reinsurance Trends in 2008,” Andrews Litigation Reporter - Insurance Coverage, Vol. 19, Issue 26 (April 3, 2009)
  • Co-Author, “A Brief Review of Reinsurance Trends in 2007,” Andrews Litigation Reporter - Insurance Coverage, Volume 18, Issue 25 (March 28, 2008)
  • Co-Author, “A Brief Review of Reinsurance Trends in 2008,” Andrews Litigation Reporter - Insurance Coverage, Vol. 19, Issue 25 (March 27, 2009)
  • Author, “Clash Cover Reinsurance and Economic Catastrophe Losses,” IRMI.com (March 23, 2009)
  • Author, “Turnabout Is Fair Play - Reinsurers Now Have Credit Risk Worries,” IRMI.com (December 2008)
  • Author, “Consolidation Issues in Reinsurance Contacts,” IRMI.com (June 2008)
  • Co-Author, “Exploring Latest Developments in the US and What They Hold for the UK and European Markets,” Daily & Lately (April 25, 2008)
  • Author, “Arbitration in Run-off - The Receivership Anomaly - Part 1,” AIRROC Matters (Spring 2008)
  • “Reinsurancese-Time for a Change?,” IRMI.com (March 2008)
  • “Keeping the Information Flowing: Loss Notice and Reporting Clauses in Reinsurance Contracts,” Expert Commentary, IRMI.com (February 2008)
  • Co-Author, “A Brief Review of Reinsurance Trends in 2006,” Andrews Litigation Reporter - Insurance Coverage, Vol. 17, Issue 23 (March 16, 2007)
  • “Contract Finality-What a Concept!”, Reinsurance News, Reinsurance Section of the Society of Actuaries, Issue No. 57 (May 2006)
  • Co-Author, “A Brief Review of Reinsurance Trends in 2005,” Andrews Litigation Reporter - Insurance Coverage, Vol. 16, Issue 24 (March 24, 2006)
  • Co-author, “Chapter 15 - Reinsurance,” Insurance Law Practice, Second Edition. John M. Nonna et al. eds., New York State Bar Association (2006)
  • Author, “Leveling the Playing Field: An Analysis of Neutrality Issues in Reinsurance Arbitration,” ARIAS-U.S. Quarterly, Vol. 13, No. 1 (First Quarter 2006)
  • Co-Author, “Physics and the Insurance and Reinsurance Industry,” (extract), The International Who’s Who of Insurance & Reinsurance Lawyers (2005)
  • Co-Author, “A Brief Review of Reinsurance Trends in 2003,” Andrews Insurance Coverage Litigation Report (March 26, 2004)
  • “Insurance Runoff Is Big Business," Interview in All-Star Briefing, Practising Law Institute (January 2004)
  • Co-Author, “The Judicial Trend Toward a Less Expansive Interpretation of the Follow-the-Fortunes Doctrine,” Excess, Surplus Lines & Reinsurance Committee Newsletter (Winter 2004)
  • Co-Author, “Legal Review 2002, US Grapples with WTC,” Reinsurance (December 2002/January 2003)
  • “District Court Rejects Jurisdiction of Reinsurance Disputes Under Air Stabilization Act,” Insurance Coverage Law Bulletin (April 2002)
  • Co-Author, “Recent Developments in E-Commerce,” Tort & Insurance Law Journal (Winter 2002)
  • Co-Author, “Legal Review, US Courts Set Precedents,” Reinsurance (December 2001/January 2002)
  • Co-Author, “Caveat Reinsurer: Reinsuring Punitive Damages Under ECO Clauses,” Tort & Insurance Law Journal (Fall 2001); republished in Journal of Reinsurance (Summer 2002)
  • Author, “New Risks for the New Economy-What Does It Mean for Reinsurers?,” Mealey’s Litigation Reports: Reinsurance (February 8, 2001)
  • “Reinsurance Trials,” Journal of Insurance Coverage (Winter 2001)
  • Co-Author, “Reinsurance,” Chapter 24 of Insurance Law Practice (2001)
  • Co-Author, “Recent Developments in Excess Insurance, Surplus Lines Insurance and Reinsurance Law,” Tort & Insurance Law Journal (2001)
  • Author, “Reinsurance Trials,” Journal of Insurance Coverage (Winter 2001)
  • Co-Author, “Allocation of Environmental Claims Settlements to Reinsurers,” Journal of Insurance Coverage (Spring 2000)
  • Author, “Reinsurance Arbitration and the Year 2000 Problem,” Mealey’s Litigation Reports: Reinsurance (May 25, 2000)
  • Author, “Class War By Plaintiff’s Lawyers, Year In Review,” Lloyd’s List Insurance Day (January 4, 2000)
  • Author, “International Monitoring, Database Detectives,” American Bar Association Journal (January 2000)
  • Commentary, “Should Arbitrators Be Allowed to Be Witnesses?,” Andrews International Reinsurance Dispute Reporter (September 21, 1998)
  • Co-Author, “If You Can't Pay the Fine, Don’t Do. . . .,” Bests Review, Property and Casualty Edition (December 1997)
  • Commentary, “Compressing the Future: The Movement Toward Reinsurer Responsibility for Contingent Claims,” Andrews International Reinsurance Dispute Reporter (January 6, 1997)
  • Co-Author, “Recent Developments in Excess, Surplus Lines and Reinsurance,” Tort & Insurance Law Journal (1995)
  • Author, “An Overview of Reinsurance Arbitration,” ARIAS-U.S. Quarterly (1995)
  • Author, “A Practical Guide to Reinsurance Audits,” Mealey’s Litigation Reports: Reinsurance (October 11, 1994)
  • Author, “Reinsurance Arbitration . . . Improving the Process,” Reinsurance Trends (February 1994)
  • Note, “The Availability of Benefit of the Bargain Damages in a Fraud Action Under Section 2-721 of the Uniform Commercial Code,” Albany Law Review (1979)

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