Insurance Litigation Law Firm Clark & Fox Launches New Website

Law Firm Marketing



John M. Clark, Michael Fox, Georgia S. Foerstner and Erin Nulty are pleased to announce the formation and opening of Clark & Fox (www.clarkfoxlaw.com) , a law firm solely serving and representing the insurance industry. Patrick J Reilly, III and Megan Foster join them as associates, and Scott Patterson as Of Counsel. Clark & Fox brings over 80 years of collective experience in representing and servicing the insurance industry, including doing so in complex liability defense matters, reinsurance/coverage cases and investigating and prosecuting insurance fraud for state and local law enforcement. All of the attorneys also have its extensive and intimate knowledge of the London insurance market. Founders John M. Clark and Michael Fox both participated in the Secondee Counsel Program with Lloyd’s of London syndicates serving as in-house counsel.

"I am thrilled to start a company with these attorneys and staff,” says co-founder, President and CEO John M. Clark. "The strong insurance background of attorneys and staff demonstrate a penchant for helping insurance companies of all sizes both domestically and internationally with all of their needs. We truly appreciate and understand through all of our experience the insurance industry’s unique needs and we can assist and partner with them to achieve their goals in an efficient and cost effective manner."

Although its main offices will be based in New Jersey and Pennsylvania, the firm will have a national presence with offices also located in New York City, Cleveland Ohio and Maryland\Washington DC. The firm will be solely focused on representing and servicing the insurance industry. The firm provides practical and efficient solutions to the legal issues faced by insurance carriers of all sizes in today's complex and fast-paced litigation friendly environment.

Whether the need is for Clark & Fox team to represent an insured in a complex liability manner or provide counseling and advice on a complicated reinsurance or insurance coverage issue, our experience and expertise in insurance leveraged with our state of the art technology allows us to be flexible to meet our clients needs. We partner with our clients and leverage our industry knowledge, contacts and technology to provide effective and business oriented counseling in ways that often go beyond traditional legal advice. In addition, we are also there if our clients need us to vigorously defend and represent their interests in complex and contentious litigation.

Its co-founder, President and Chief Executive Officer, John M. Clark, will lead the firm. Georgia S. Foerstner, Vice President and Chief Operating Officer will be responsible for the day-to-day management of the firm's attorneys and staff.

For more information about Clark & Fox please visit www.clarkfoxlaw.com. Also, you may contact any of the partners as follows:

John M. Clark jclark@clarkfoxlaw.com or 856-288-2403
Michael Fox at mfox@clarkfoxlaw.com or 856-345-0374
Georgia S. Foerstner at gfoerstner@clarkfoxlaw.com or 856-345-0377
Erin Nulty enulty@clarkfoxlaw.com or 856-432-1570

   

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Workers’ Compensation Subrogation of Administrative Fees and Costs

When a worker covered by workers’ compensation makes a claim against a third party, the workers’ compensation insurance retains the right to subrogate against any recovery from that third party for all benefits paid to or on behalf of a claimant injured at work. When subrogating for more than basic medical and indemnity benefits, the Texas workers’ compensation subrogation statute provides that “the net amount recovered by a claimant in a third‑party action shall be used to reimburse the carrier for benefits, including medical benefits that have been paid for the compensable injury.” TX Labor Code § 417.002.

In fact, all 50 states provide for similar subrogation. However, none of them precisely outlines which payments or costs paid by a compensation carrier constitute “compensation” and can be recovered. The result is industry-wide confusion and an ongoing debate and argument with claimants’ attorneys over what can and can’t be included in a carrier’s lien for recovery purposes.

In addition to medical expenses, death benefits, funeral costs and/or indemnity benefits for lost wages and loss of earning capacity resulting from a compensable injury, workers’ compensation insurance carriers also expend considerable dollars for case management costs, medical bill audit fees, rehabilitation benefits, nurse case worker fees, and other similar fees. They also incur other expenses in conjunction with the handling and adjusting of workers’ compensation claims. Workers’ compensation carriers typically assert, of course, that, they are entitled to reimbursement for such expenditures when it recovers its workers’ compensation lien. Injured workers and their attorneys disagree.

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