Mr. Novak, Chair of the Insurance and Reinsurance Practice, has specialized in insurance and reinsurance law for 25 years in the representation of both policyholders and carriers in coverage and bad faith disputes involving general liability, property, professional liability, directors' and officers' liability, and surety.
Much of this expertise was gained when the Firm was appointed as Special Counsel to the New Jersey Department of Banking & Insurance in connection with the liquidation of Integrity Insurance Company from 1987 to 2005. Mr. Novak worked on the Integrity matter since 1987 and was the Lead Partner from 1993 to 2006. In the course of this representation, Mr. Novak became deeply involved in cutting edge issues of insurance law including trigger of coverage, attachment and allocation of mass tort losses among excess and umbrella policies, estimation of unpaid losses including incurred but not reported losses, and insurer insolvency/guaranty association law. He also became increasingly involved in representing insurers and reinsurers in reinsurance disputes.