
1200 New Hampshire Avenue, NW Washington, DC 20036 United States of America
+1 (202) 974-5625
draim@chadbourne.com
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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 30 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, allocation 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, 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 recognition and honors in numerous publications for many years. Mr. Raim is ranked in Band 1, the top tier, by Chambers USA – America’s Leading Lawyers for Business for both Insurance: Dispute Resolution: Reinsurance (Nationwide) and Insurance: Insurer (DC). He is also recognized as a leading lawyer in SuperLawyers, The Best Lawyers in America, Euromoney’s Guide to the World’s Leading Insurance & Reinsurance Lawyers, The Best of the Best, Legal Times, The Washington Business Journal, Washington SmartCEO magazine (in a special section titled “Greater Washington Legal Elite"), The International Who's Who of Business Lawyers (insurance and reinsurance edition), Lawdragon 500 - Leading Lawyers in America, Best Lawyers Guide to Insurance Law and Washington Post Magazine’s list of “The Washington DC Area’s Best Lawyers.”
He was selected as one of the 15 “Most Highly Regarded Individuals – Global” in Insurance & Reinsurance Who’s Who Legal. Executive Counsel magazine recognized Mr. Raim in its “Short List” feature as one of the top six reinsurance attorneys in the U.S. Mr. Raim also has a peer review rating of “AV” in Martindale-Hubbell, the highest legal ability and ethical standards ratings according to lawyers in that publication.
Activities and Affiliations
Mr. Raim is a member of AIDA Reinsurance and Insurance Arbitration Society (ARIAS).
Publications
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"Third Circuit Confirms That Parties Cannot Opt Out Of Federal Arbitration Act Vacatur Standards Absent Clear Intent," Client Alert, September 8, 2010
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"The Spillover: How The Mess In The Gulf Will Wash Up Onto Insurers," Insurance Advocate, July 26, 2010
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"Insurers and Reinsurers Must Prepare For Complex And Costly Issues From Gulf Coast Oil Spill," Client Alert, June 11, 2010
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"Second Circuit Refuses to Grant Pre-Hearing Discovery from Non-Parties to an Arbitration Proceeding," Client Alert, December 8, 2008
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"Understanding Reinsurance," (co-author), New Appleman Insurance Law Practice Guide, LexisNexis, January 2008
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"Third Circuit Confirms That Parties Cannot Opt Out Of Federal Arbitration Act Vacatur Standards Absent Clear Intent," Client Alert, September 8, 2010
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"The Spillover: How The Mess In The Gulf Will Wash Up Onto Insurers," Insurance Advocate, July 26, 2010
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"Insurers and Reinsurers Must Prepare For Complex And Costly Issues From Gulf Coast Oil Spill," Client Alert, June 11, 2010
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"Second Circuit Refuses to Grant Pre-Hearing Discovery from Non-Parties to an Arbitration Proceeding," Client Alert, December 8, 2008
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"Understanding Reinsurance," (co-author), New Appleman Insurance Law Practice Guide, LexisNexis, January 2008
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Insurance and Reinsurance NewsWire, February 2006
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"Finite Risk Reinsurance," Insurance and Reinsurance NewsWire, (co-author), September 2005
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"Finite Reinsurance: A Risky Business?," JTW News, July 2005
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"Summary Disposition in Arbitration Proceedings," ARIAS•U.S. Quarterly, Second Quarter 2004
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"Cross-Frontier Insolvency of Insurance Companies," Sweet & Maxwell , (contributing author), January 2001
[ more 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.
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ARIAS U.S. Spring Conference,
Miami, FL, May 4-6, 2011
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"Claims for ECO/XPL and Reinsurability for Punitive Damages," Reinsurance Claims and Dispute Conference, New York, NY, September 10, 2009
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"Assessing the Impact and Outcomes of Recent Insurance Investigations," 19th International Reinsurance Congress, Bermuda, October 19-21, 2005
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ARIAS U.S. Spring Conference,
Miami, FL, May 4-6, 2011
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"Claims for ECO/XPL and Reinsurability for Punitive Damages," Reinsurance Claims and Dispute Conference, New York, NY, September 10, 2009
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"Assessing the Impact and Outcomes of Recent Insurance Investigations," 19th International Reinsurance Congress, Bermuda, October 19-21, 2005
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