Neal Moglin is an experienced litigator who regularly represents ceding companies and reinsurers in arbitrations involving life, accident, and health and property and casualty contracts. He has also represented insurers and reinsurers in federal and state courts in New York, Illinois, Texas, and Florida, among other jurisdictions. He is chair of the firm’s Insurance & Reinsurance Litigation Practice and a member of the Insurance & Reinsurance Industry Team.
Neal’s representative life cases include disputes over efforts by life reinsurers to change the negotiated rates for Yearly Renewable Term contracts and disputes between life insurance companies and their reinsurers over the proper interpretation and enforcement of various treaty terms, including automatic jumbo treaty limits. On the property and casualty side, Neal has helped insurers and reinsurers resolve disputes involving coverage for losses related to COVID-19, benzene, and physical abuse claims and disputes regarding the interpretation and administration of energy and construction reinsurance contracts, aviation bodily injury carve-out and workers’ compensation carve-out contracts, fronting agreements, and medical stop loss contracts.
Additionally, Neal regularly advises clients on regulatory compliance and risk management issues and assists them in the development of new products and the acquisition and disposition of books of business.
For the past ten years, Neal Moglin has led Foley’s nationally recognized Insurance and Reinsurance Litigation practice. Neal has first chaired over 30 complex reinsurance arbitrations and is known for his deep knowledge of both the property/casualty and life/accident and health industries. Representative life reinsurance wins have included a string of decisions preventing reinsurers from increasing his clients’ negotiated reinsurance rates — and these decisions saved Neal’s clients over $2 billion collectively. On the property/casualty side, Neal has assisted his clients in recovering billions of dollars under international construction and property treaties and casualty excess covers. In 2023, Neal obtained a unanimous arbitration decision denying a life reinsurers’ attempts to avoid paying his client tens of millions of dollars in indemnity on the basis of a strained interpretation of the reinsurance contract’s “Jumbo” limit. And in early 2024, Neal secured an award requiring his client’s “Natural Perils” reinsurer to pay 100% of that client’s claim for international business interruption losses arising out of the Covid-19 pandemic. Neal’s goal is to always know the facts of his cases better than anyone on his or his opponents’ teams, and his clients regularly praise the way he translates that knowledge into winning briefs, cross examinations, and oral arguments.
Awards and Recognition
- Recognized as a Thought Leader USA by Lexology Index (2024)
- The Best Lawyers in America© – Insurance Law (2020-2023)
- Leading LawyersSM magazine – Leading Lawyer, Illinois (2020)
- Chambers USA: America’s Leading Lawyers for Business (2008-present)
- Legal 500 US – Leading Lawyer/ Insurance and Reinsurance Hall of Fame (2008-present)
- Euromoney Institutional Investor’s Insurance and Reinsurance Expert Guide – Leading Lawyer
- Who’s Who: Legal Insurance & Reinsurance (2008-present)
- Finance Monthly’s Insurance & Reinsurance Lawyer of the Year – USA (2019)
- Illinois Super Lawyers® list for his reinsurance litigation work (2005, 2009)
Affiliations
- Member, Illinois State Bar Association
- Member, Trial Bar of the U.S. District Court for the Northern District of Illinois
- Member, AIDA Reinsurance and Insurance Arbitration Society (ARIAS-U.S.) Board of Directors
- Former co-chair, Mealey’s Reinsurance Summit (2005-2007)
- Former co-chair, Annual Insurance Insolvency & Reinsurance Roundtable (2008-2010)
Presentations and Publications
- Frequent speaker at a variety of industry conferences, seminars, and other meetings and events, including the ARIAS-U.S. 2009 Fall Conference, the ARIAS-U.S. 2019 Fall Conference, and the ARIAS-U.S. 2023 Spring Conference
- Author, “And Now for Something Completely Different: What Your English Colleagues Already Know About Mediating Reinsurance Disputes” (ARIAS-U.S. Quarterly, 2007)
- Author, “Achieving Certainty in an International Marketplace” (Journal of Reinsurance, 2007).