PRACTICE AREAS


Michele L. Jacobson concentrates in complex insurance and reinsurance matters. Ms. Jacobson has represented ceding companies, reinsurers, retrocessionaires, liquidators, intermediaries and program managers in a wide range of matters in federal and state courts and before arbitration panels throughout the country. These matters have involved such issues as misrepresentations in connection with the placement of reinsurance, disputes as to the coverage provided by treaties and policies, standards of conduct applicable to ceding companies in their dealings with reinsurers, broker negligence and terminations of program manager/managing general agency agreements. Ms. Jacobson also represents clients in insurance regulatory matters. Ceding companies and reinsurers have called upon Ms. Jacobson’s reinsurance contract wording experience in order to proactively avoid disputes by tightening their contracts. Ms. Jacobson is a member of the firm’s Executive Committee.


REPRESENTATIVE MATTERS

Representative cases include the following:
 
  • A ceding company in connection with a charge by reinsurers that the placement information with respect to a treaty had been false and misleading;
  • A ceding company in disputes with several reinsurers over YRT reinsurance premiums;
  • A life insurance company in a dispute with underwriters at Lloyd’s of London over late notice, coverage and misrepresentations;
  • A reinsurer in an arbitration with its cedent in connection with an excess workers’ compensation treaty;
  • A ceding company in an arbitration with its reinsurer relating to coverage for Hurricane Katrina claims;
  • A ceding company in an arbitration with its reinsurer relating to Enron claims;
  • Ceding companies in arbitrations with reinsurers relating to asbestos and environmental claims;
  • Ceding companies in arbitrations with reinsurers over World Trade Center property and aviation claims;
  • A financial guaranty cedent in connection with disputes with its reinsurers arising out of the financial crisis;
  • Ceding companies in discussions with reinsurers over California Wildfires and Japanese Earthquake losses;
  • An insurer in disputes with its program manager concerning the remittance of premium and offset amounts due a captive reinsurer;
  • An insurer in a dispute with a policyholder over fraudulent issuance of insurance policies.

HONORS & AWARDS

Ms. Jacobson has been recognized by Chambers USA: America's Leading Lawyers for Business as a "leading individual" in Insurance Dispute Resolution (New York) since 2008 and listed in Who's Who Legal: Insurance & Reinsurance for 2017.

Ms. Jacobson is also listed in Super Lawyers and has been featured in The New York Times Magazine as one of the top women lawyers in New York State, as recognized by Super Lawyers magazine in its 2013 New York Metro Super Lawyers list.


MEMBERSHIPS

  • Executive Board Member, GlamourGals Foundation, Inc.
  • Member, Babson College Parent Executive Committee
  • Member, Commission on Jewish Identity and Renewal, Jewish Community Development Task Force, UJA-Federation of New York
  • Member, Strategic Planning Committee, Congregation B’nai Israel, Rumson, New Jersey
  • Editorial Advisory Board, FC&S Legal
  • Member, New York State Bar Association
  • Member, New Jersey State Bar Association
  • Member, Federal Bar Council
  • Member, Association of Insurance & Reinsurance Run-Off Companies (AIRROC)
  • Member, AIDA-U.S. Reinsurance and Insurance Arbitration Society (ARIAS)
    • Member, Law Committee
  • Member, Association of Professional Insurance Women (APIW)

SPEECHES & EVENTS

  • Presenter, “Life and Annuity Reinsurance,” Society of Actuaries, Life and Annuity Reinsurance Seminar, New York, NY, August 15, 2017
  • Speaker, “Reinsurance Arbitration,” ReFocus Conference, American Council of Life Insurers and Society of Actuaries, Las Vegas, NV, March 8, 2017
  • Speaker, “Sharing of Potentially Privileged Information Between Cedents and Reinsurers,” AIRROC Boston Regional Education Day, Boston, MA, May 3, 2016
  • Speaker, “Run-Off and Commutation Hurdles Associated with Asbestos, Environmental Issues, Workers’ Comp, and Other Long-Tail Claims,” American Conference Institute’s 10th International Advanced Forum on Run-Off and Commutations, New York, NY, April 22, 2015
  • Speaker, “Influence and Personal Advocacy,” Babson College, Wellesley, MA, October 17, 2014

PUBLICATIONS

  • Co-author, "Ambac Assurance Corp. v. Countrywide Home Loans, Inc.: New York Court of Appeals Rejects Expansion of the Common Interest Exception to Waiver of Attorney-Client Privilege," Stroock Special Bulletin, June 14, 2016
  • Co-author, "Reinsurance Implications of the Japanese Earthquake," Stroock Special Bulletin, April 21, 2016
  • Co-author, "Taking a Page from Litigation: Curbing Discovery Costs in Arbitration," ARIAS-U.S. Quarterly, Fourth Quater 2014
  • Co-author, "New York Commercial Division Adopts Rule to Curb Discovery Costs," Stroock Special Bulletin, October 1, 2014
  • Co-author, "State Responses to Superstorm Sandy and Other Natural Disasters: Implications for Ceding Companies and Their Reinsurers," Stroock Special Bulletin, April 10, 2013
  • Co-author, "Solvent Run-offs Finally 'Off and Running' in the United States," Pratt's Journal of Bankruptcy Law, September 2011, Vol. 7, No. 6
  • Co-author, "The Access to Records and Claims Cooperation Clauses: Their Impact on Discovery in Arbitration Proceedings," ARIAS-U.S. Quarterly, Third Quarter 2006
  • Co-author, "Obtaining Discovery from Reinsurance Intermediaries and Other Non-Parties – Updated Case Law and Commentary," Mealey's Litigation Report: Reinsurance, November 17, 2005

ADMITTED TO PRACTICE

New York, 1988; New Jersey, 1987

U.S. District Court, District of New Jersey, 1987; U.S. District Court, Southern District of New York, 1988; U.S. District Court, Eastern District of New York, 1988; U.S. District Court, Western District of New York, 1997; U.S. District Court, District of Colorado, 2002; U.S. Court of Appeals, Second Circuit, 1994; U.S. Court of Appeals, Third Circuit, 2004; U.S. Supreme Court, 1998


EDUCATION

J.D., New York University School of Law, 1987; Member and Editor, New York University Law Review; Recipient, Judge Abraham Lieberman Award

B.A., summa cum laude, Brandeis University, 1984; Recipient, Louis D. Brandeis Award; Valedictorian, Department of Politics

 

PUBLICATIONS

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