About
Attorneys
PRACTICE AREAS
Litigation & Dispute Resolution
Wealth Transfer & Succession Planning
AT WORK
Neil B. Posner, head of the firm's Policyholders' Insurance Coverage department, focuses his legal practice in the area of insurance coverage, with specific emphasis on insurance recovery and dispute resolution, risk management, loss prevention and cost containment. Neil’s clients include a range of public and private companies, organizations, boards of directors, individual officers and other policyholders.
Neil assists clients in analyzing, negotiating and enhancing a wide range of insurance policies and plans, including directors’ and officers’ liability, errors and omissions, employment practices liability and fiduciary liability. He also has significant experience in insurance coverage issues related to e-commerce, intellectual property and construction matters.
In addition to counseling clients with regard to ongoing and future insurance requirements, Neil helps policyholders resolve all types of insurance coverage disputes, through negotiation, litigation and other forms of dispute resolution, including mediation, arbitration and settlement.
He has successfully obtained insurance coverage for defendants involved in a variety of class actions and other complex lawsuits. For example, when the former CEO of a bankrupt Chicago-area public company was named in a shareholder class action brought by the bankruptcy estate — alleging securities fraud and breach of fiduciary duty, and seeking to recover damage claims totaling nearly $400 million — Neil helped his client obtain effective insurance coverage.
IN THE PROFESSION
Neil is a member of the American Bar Association, serving on the Insurance Coverage Litigation Committee of the Section of Litigation and as co-chair of the Committee’s Ethics and Professionalism Subcommittee, and is a member of the ABA's Business Law Section. He has also taught insurance law at Chicago-Kent College of Law.
As a regular speaker at industry and legal seminars around the country — and author of articles and educational materials for dozens of conference training sessions — Neil has given presentations on issues as diverse as securities litigation, directors’ and officers’ insurance, change-of-control situations, errors and omissions insurance, non-traditional insurance options, cyberliability, the Sarbanes-Oxley Act, negotiating policy provisions and considerations, maximizing insurance coverage, recovering e-commerce and Internet claims, and directors’ and officers’ liability in consumer class action matters.
While in law school, Neil earned awards for achieving highest grades in Legal Writing and Research, Federal Income Taxation of Corporations and Shareholders, and Business Bankruptcy. He also served as Lead Articles Editor for the Marquette Law Review.
In 2006, Neil was designated an Illinois Super Lawyer, an honor given to the top 5% of attorneys in the state. He has also been recognized by the Leading Lawyers Network as a top Illinois lawyer in the area of insurance, insurance coverage and reinsurance law (2007-2008).
BACKGROUND
Marquette University Law School
J.D., magna cum laude, 1996
University of California, Los Angeles
Accounting Program, 1991
New York University
B.A., 1971
Neil is admitted to practice in Illinois and Wisconsin.
RELATED ALERTS
Are You an Additional Insured? An Oral Contract May Not Be Worth the Paper It’s (Eventually) Printed On
When Your Insurance Company Defends You...Will You Be Left with the Bill?
Building Owners at Risk: Premises Liability, Insurance and Indemnification
Late Notice: Not the One-Way Street You Might Expect
Notice to Insurance Companies: How Much Is Enough?
Policyholder Beware: The Insurance Application Can Come Back to Haunt You
Policyholders' Insurance Coverage Group Wins Significant Case before Illinois Supreme Court
Are You an "Insured"? Review Your Policy Carefully Before You Answer
Claim Denied: What To Do When Your Insurer Says "No"
Insurance Claims: Late or Inadequate Notice Can Cost You Your Coverage
RELATED ARTICLES & PUBLICATIONS
Before You Buy Insurance, Consider a Risk Assessment
Liability Insurance and the Duty to Defend: The Policyholder's Right to Independent Counsel
RELATED NEWS & PRESS RELEASES
Much Shelist Forms New Risk Assessment Team
Much Shelist Welcomes Neil B. Posner, Expands Insurance Coverage Practice