Michael T. Walsh
Executive Principal
NEW YORK
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One Battery Park Plaza, 32nd Fl.
New York, NY 10004
Phone: (212) 820-7755
Fax: (212) 820-7740
Email: mwalsh@bswb.com
click here to download vCard
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Michael T. Walsh is a Co-founder of BSWB. Michael
is an AV-rated attorney who has developed expertise in reinsurance, excess
and primary coverage disputes, professional liability matters, coverage investigations,
mass tort litigation, broker and intermediary errors and omissions cases, employment practices liability, as
well as RICO claims and regulatory matters.
Mike was formerly in-house counsel at Skandia-America Reinsurance Corporation
where he instituted and headed a national litigation program on their excess
and reinsured professional liability exposure.
He has obtained favorable results on both the ceded and assumed side in
arbitrations involving most major reinsurance issues, including allocation on environmental
claims, finite risk, rescission actions, matters involving ECO and loss in
excess of policy limits, as well as underlying clergy sexual misconduct professional liability issues.
In addition, he has been involved in litigation based on allegations against
reinsurance intermediaries, including the successful defense of a RICO action.
Mike also has extensive experience in negotiating the commutation of
reinsurance contracts, as well as the performance of other financial analyses
that are vital to the strategic plans of runoff operations, including claim
and underwriting audits and litigation management over entire books of business.
Click here for a sampling of successful
results achieved by the reinsurance practice group.
He has obtained favorable verdicts and settlements in many areas of
professional liability including claims against attorneys, accountants and insurance
and reinsurance brokers and intermediaries.
Mike was a founding partner of the New York
firm of Walsh & Sheehan, LLP, which joined its
litigation and arbitration practice in the areas
of professional liability and insurance and reinsurance
with Peterson & Ross, LLC in July of 2000.
He is a certified Arbitrator and Mediator for AIDA Reinsurance
and Insurance Arbitration Society (ARIAS-US). He is also a member of the
Law Committee of ARIAS-US and the chair of the
Advance Planning Committee of AIRROC
(Association of Insurance and Reinsurance Run-Off Companies).
Mike has authored numerous articles and lectures frequently
on topics in the insurance and reinsurance fields.
Mr. Walsh represents the Estate of Martin Ramirez,
the deceased Mexican artist who created over 400 known drawings
while confined to California State Mental Hospitals from 1931
to 1963. Ramirez has been described as "one of the greatest
artists of the Twentieth Century" by The New York Times.
His heirs include 13 adult grandchildren who now receive
compensation for the drawings, "Life Story Rights", and copyright issues.
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Practice Areas
Insurance Coverage
Litigation
Reinsurance
Alternative Dispute Resolution
Arbitration
Mediation
Professional Liability
Seriously Outstanding
only 5% selected each year
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Admissions
New York, 1980
U.S. District Court, Southern and Eastern Districts of New York, 1980
Education
J.D., St. John's University School of Law, 1979
B.A., University of Notre Dame, 1973
Honors / Associations
AIDA Reinsurance and Insurance Arbitration Society (ARIAS-US), member, Law Committee
Certified Arbitrator and Mediator
Association of Insurance and Reinsurance Run-Off Companies (AIRROC), Chair, Advance Planning Committee
American Bar Association, Legal Malpractice Section
AV Rating received from Martindale-Hubbell
New York State Bar Association, member, Dispute Resolution Section & Committee on Mediation
Association of the Bar of the City of New York
Professional Liability Underwriting Society (PLUS)
Eastern Region Steering Committee 1993-2000
New York Super Lawyers, Insurance Coverage,
2007.
New York Super Lawyers, Alternative Dispute Resolution, Insurance Coverage, Professional Liability: Defense,
2009,
2010.
Publications
Summary of ALS v AGM Marine Constructors
© 2008 ARIAS·U.S. This case law summary is published on the ARIAS·U.S. website,
www.arias-us.org. It is republished here with permission.
Reliance v Raybestos
© 2008 ARIAS·U.S. This case law summary is published on the ARIAS·U.S. website,
www.arias-us.org. It is republished here with permission.
Special Editor, A Roundtable Discussion: The Dynamics of the Commutation Process Examined through Multiple Lenses.
AIRROC Matters, Summer, 2007.
Moderator, Seminar, Reinsurance Claims and Collections,
American Conference Institute, Follow the Fortunes Update, 2003
"How Far is the Reinsurer Required to Follow the Fortunes of its Reinsured?"
Presented at 2002 American Conference Institute Seminar
Non-Profit Directors and Officers Liability Issues, Professional Liability Underwriting Society National Convention, 1995
"Why Not Arbitrate Coverage Disputes, The Review," The Insurance Advocate, July 1988; The Review, January 1988
"Reinsurance Aspects of the Model Holding Company Act," Co-Author, Presented at 1987 Summer Meeting of American Bar Association Tort and Insurance Practice Session
"Under the Volcano-1987 NAII Reinsurance Issues"
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