W. Richard Kroeger Joins Goldberg & Connolly's Policyholder Insurance Coverage Practice Group

New York, NY - October 17, 2011 - Goldberg & Connolly is pleased to announce that W. Richard ("Rick") Kroeger has joined the firm's expanding Construction Policyholder Coverage Group. Formerly a partner at Bivona & Cohen, PC, Mr. Kroeger brings his expertise in the areas of Insurance Coverage and Litigation to G&C's extensive construction and government contracting capabilities.

Mr. Kroeger's experience includes litigating insurance coverage actions throughout the United States in matters involving CGL, builders risk, worker's compensation, employer's liability and professional (design) liability policies. He is also a Certified Claims Law Specialist.

Mr. Kroeger is a magna cum laude graduate of Northern Michigan University and received his Juris Doctor degree from Northern Illinois University's College of Law.

Goldberg & Connolly's Construction Policyholder Coverage Group is uniquely focused on and dedicated to protecting the rights of construction industry policyholders and regularly assists such insureds in fully protecting their rights against their carriers under their respective insurance policies.

In the risk-burdened construction industry, all players are potentially exposed to personal injury and wrongful death actions impacting their CGL policies; as well as significant first party property damage claims for fire, theft, flood, business interruption and project delays under their builder's risk policies. Hundreds of millions of dollars in insurance premiums are paid each year by the construction industry and extremely valuable insurance coverage protection is presumably obtained as a result. However, matters often do not proceed as planned.

A wrongful disclaimer of coverage exposes contractors and subcontractors alike to both the considerable legal expense of defending themselves in an underlying accident case when a carrier backs away, as well as, possibly, the serious financial loss of directly having to pay damages to the injured party/employee that would otherwise have been paid by an insurance carrier under its policy.

There is also the complication of the financial exposure of contractually being required to indemnify "additional insureds ", such as owners, developers, general contractors and contract managers, who are increasingly required to be covered under the "primary" policies of a construction project's downstream players. These upstream players typically seek direct financial indemnification if no insurance coverage is actually extended to them as a result of a subcontractor's carrier wrongfully disclaiming primary coverage. This also may involve the "holdback" of contractually earned funds where coverage is not properly provided to upstream parties.

G&C's Construction Policyholder Coverage Group's detailed knowledge of construction issues, coupled with its extensive experience in sophisticated insurance coverage disputes, has proven to be invaluable in guiding construction industry-based clients through these matters.