Goldberg Segalla has been named Law Firm of the Year by Reactions, one of the most prominent publications serving the global insurance and reinsurance industry. The award, presented June 11 at the Reactions London Market Awards Dinner, recognizes Goldberg Segalla’s innovative work on both sides of the Atlantic to reshape regulatory frameworks and create new opportunities for investment, as well as its team-first approach to handling high-value transactions, disputes, and regulatory matters for clients around the world.
“We are deeply honored to receive this award, especially from one of the most highly respected voices in the global insurance and reinsurance community,” said Thomas F. Segalla, a founding partner of the firm and the editor of the seminal U.S. treatise Couch on Insurance 3d, who accepted the award on behalf of the firm. “Exceeding the expectations of our clients is the ultimate goal for all of us at Goldberg Segalla, and to see that translate into recognition before such a prestigious international group is humbling.”
Groundbreaking Legal and Regulatory Work
Over the past year, lawyers from the firm’s Global Insurance Services Practice Group have handled cutting-edge legal and regulatory work that profoundly impacts the market internationally. For example, Goldberg Segalla partnered with industry and governmental entities to aid in the passage of Vermont’s groundbreaking Legacy Insurance Management Act. The law enables a non-admitted insurer in the U.S. or abroad to transfer closed blocks of commercial insurance/reinsurance business with outstanding liabilities, together with the reserves relating to those liabilities, to Vermont-admitted insurers or other investors. This law, the first of its kind in the U.S., creates a legal, regulatory, and structural framework for these transfers.
The Reactions Law Firm of the Year award closely follows other high-profile recognitions for the firm and its Global Insurance Services team. For more information on these achievements, please see goldbergsegalla.com/who-we-are.