David M. Raim

Partner

Practice Description

David Raim is co-chair and practice group coordinator of Chadbourne’s reinsurance and insurance group. Mr. Raim is experienced in handling domestic and international arbitrations and litigations on behalf of cedents and reinsurers. He has been involved in hundreds of reinsurance arbitrations and litigations over the past 25 years. Under his direction, the reinsurance and insurance practice group, with approximately 40 lawyers, handles many disputes involving the current issues in property/casualty and life/health and financial reinsurance. The group has handled matters relating to, inter alia, environmental liabilities, asbestos and other “continuous injury” torts, surety bonds, September 11th issues, finite reinsurance, clash and catastrophe covers, auto warranty matters, workers compensation carve out coverage, accounting and actuarial disputes, contract wording issues, fraud and rescission claims, pools, declaratory judgment expenses and fronting and agency issues. The group has achieved numerous victories for clients.

Mr. Raim and the practice group also provide counseling to clients in the reinsurance and insurance industry on a wide range of subjects, including regulatory matters, reinsurance contract wording, run-off issues, FAS 113 issues, agency arrangements, commutations, mergers and acquisitions and formations. He works closely with the Firm’s bankruptcy attorneys on insolvency-related issues.

Honors

Mr. Raim has been recognized by his clients and peers as a top insurance and reinsurance attorney, earning entries in numerous publications. He is cited in The Best Lawyers in America (2007-2008), Marquis Who’s Who in America(2006-2007), Marquis Who’s Who in American Law (1987-1988; 2005-2006), Marquis Who’s Who in the East (2006-2007), Euromoney’s Guide to the World’s Leading Insurance & Reinsurance Lawyers (2002, 2004 and 2006) and The Best of the Best (2003, 2005 and 2007). He was recommended in Chambers USA – America’s Leading Lawyers for Business (2005-2006 and 2008). In 2005 and 2006, he was selected as one of the 15 “Most Highly Regarded Individuals – Global” in Insurance & Reinsurance Who’s Who Legal, a section of The International Who’s Who of Business Lawyers, a publication compiled by the International Bar Association.

Mr. Raim was recognized as a leading insurance lawyer in the February 2007 issue of the Legal Times. He was cited in the August 2006 issue of Washington SmartCEO magazine in a special section titled “Greater Washington Legal Elite,” was included in the Washington Post Magazine’s list of “The Washington DC Area’s Best Lawyers” (2006), and was listed as a top Washington lawyer in The Washington Business Journal in 2004. Mr. Raim also has a peer review rating of “AV” in Martindale-Hubbell, the highest legal ability and ethical standards ratings accorded to lawyers in that publication.

Executive Counsel magazine’s July-August 2008 issue recognized Mr. Raim in its “Short List” feature as one of the top six reinsurance attorneys in the U.S. The magazine’s recognition drew on the 2008 rankings in Chambers USA - America’s Leading Lawyers for Business, which are based on interviews of clients and lawyers.

Activities and Affiliations

Publications

Speeches and Events

Mr. Raim has spoken at numerous seminars sponsored by ARIAS, the American Bar Association, Mealey’s, Lorman, Executive Enterprises, Strain Seminars and Strategic Research Institute.