Irell & Manella LLP has decades of experience in recovering insurance proceeds for our clients. We have represented both small and larger clients and obtained outstanding results for them. Although many of our specific recoveries are confidential, overall we have recovered billions of dollars for our clients. As a few examples, last year we helped recover over $62 million relating to a first party property damage and business interruption claim. We recovered over $150 million for The Flintkote Company from its liability insurers. And we successfully represented Pinnacle Entertainment, Inc. (NYSE: PNK) in one of many high-profile insurance coverage cases arising out of Hurricane Katrina, recovering over $200 million. Most recently we recovered over $60 million relating to an environmental matter.
We stay up to date with cutting edge insurance products and as a result we have extensive privacy and cyber liability expertise, assisting our clients in the placement of coverage, defense of privacy and cyber claims and recovery of proceeds from their insurer. We strive to provide unparalleled service and expertise. We work hard for you 24/7 to help achieve a good result. We are creative out-of-the-box thinkers who have been very successful at presenting very complex insurance matters in a simple way. Below are some examples of the types of matters we regularly handle for our clients.
Business entities and individuals named as defendants in complex business litigation often retain Irell & Manella to identify and assist them in pursuing coverage under policies of commercial general liability insurance, professional liability insurance, fidelity and crime insurance, EPLI policies, LPL policies, directors and officers liability insurance (including A-side DIC policies), cyber liability insurance, and umbrella and excess liability insurance. The firm has successfully represented clients in litigation against insurers in both state and federal courts across the country, as well as in arbitration proceedings.
We also have extensive experience at both trial and appellate levels helping clients obtain benefits under policies of life insurance, fire and multi-peril insurance, boiler and machinery insurance, business interruption and extra expense insurance, and marine insurance. Clients have retained us to investigate and pursue claims against insurance brokers for errors or omissions in connection with the sale or issuance of insurance policies as well as to defend insurance brokerage firms against malpractice claims. We also represent other attorneys and law firms in the defense of legal malpractice claims relating to insurance and reinsurance matters.
Clients frequently retain Irell & Manella to help them evaluate their insurance needs to determine whether they have sufficient protection against loss and liability before losses occur or claims have been asserted. Our experience includes negotiating and enforcing agreements pertaining, among other things, to self-insured retentions, minimum premium arrangements, captive insurance and reinsurance programs, multiple employer trusts, group and association agreements, and similar arrangements.