P.K. Schrieffer LLP

P.K. Schrieffer LLP regularly represents insurance agents and brokers, as well as real estate agents and brokers in professional liability actions.  Because we are familiar with the insurance and real estate businesses, we believe this provides us a deeper understanding of our clients in representing them.  This, combined with our Firm's general philosophy in having our clients actively participate in forming litigation strategy allows the Firm to work effectively with our client to favorably resolve our clients' litigation challenges.

In The Courtroom

P.K. SCHRIEFFER LLP secures dismissal of a lawsuit by Perma Pom for an insurance broker sued for malpractice in Los Angeles Superior Court. Despite alleging that it suffered over one million dollars in damage due to the broker's alleged failure to secure insurance, Plaintiff dismissed the complaint after the firm filed a demurrer and a motion to strike the first amended complaint

June 2010 - P.K. SCHRIEFFER LLP secures a defense verdict in San Diego County Superior Court in a broker fraud and professional liability jury trial. After plaintiff's fire damage claim was denied by her insurer for non-payment of premium, plaintiff settled with the insurer and sued her insurance brokers for $900,000. At trial, plaintiff sought recovery of her loss of investment in the burned out restaurant and lost profits. Plaintiff claimed her signature was forged on an application, that the broker lied to the insurance company and that the broker caused the downfall of her family business. The jury disagreed - finding in favor of the firm's clients on all counts.

In a trial venued at LASC Santa Monica, P.K. Schrieffer LLP resolved a case on the eve of closing arguments at trial in a broker malpractice case arising from $3.5 million in claimed uncovered fine arts losses.  The case settled for less than 3% of claimed damages after cross-examination of plaintiff’s standard of care expert.

P.K. Schrieffer LLP successfully defended an insurance producer and broker in a professional negligence cause of action.  The limited liability partnership was compensated for the loss by the carrier but pursued professional negligence claims against the producer and broker based in part on delay in determining limits.  After one deposition, the limited partnership agreed to dismiss the case against the producer and broker for a waiver of costs.

P.K. Schrieffer LLP secured a defense verdict after a 2-week jury trial in San Diego County.  The Firm represented a broker and insurance agency in a fraud, negligent misrepresentation, unfair business practices, and insurance code violations.

P.K. Schrieffer LLP successfully defended an insurance producer and broker in a professional negligence cause of action.  The limited liability partnership was compensated for the loss by the carrier but pursued professional negligence claims against the producer and broker based in part on delay in determining limits.  After one deposition, the limited partnership agreed to dismiss the case against the producer and broker for a waiver of costs.

Venued in Los Angeles Superior Court, P.K. Schrieffer LLP secured dismissal of a case against an insurance broker for a waiver of costs.   P.K. Schrieffer LLP began representing the broker in December 2008, after another law firm had represented the broker for approximately a year in litigation.  The  case is continuing against the co-defendant insurance company.

In a case venued in Los Angeles Superior Court, P.K. Schrieffer LLP prevailed on a motion for summary judgment in a seven figure property damage claim under a homeowner’s policy by plaintiff Connie Stevens.  Stevens had filed an action for breach of contract, bad faith and declaratory relief against the insurer.  Earlier in the case, P.K. Schrieffer LLP secured a dismissal of Stevens’ bad faith cause of action following the filing of a motion for summary adjudication of issues.   

P.K. Schrieffer LLP secures non-suit defense verdict at trial in an insurance broker E&O case arising from alleged failure to insure a trucking company.  The case is venued in Los Angeles Superior Court, North Valley District.

P.K. Schrieffer LLP prevails on summary judgment for London insurers in a $6 million bad faith lawsuit. 

P.K. Schrieffer LLP prevails after 6 week jury trial in an insurance bad faith and broker negligence case in San Diego.  The firm defends a broker accused of fraud and professional negligence by Pacific Specialty Insurance Company, which sought over $1.5 million in insurance benefits paid in the 2003 Cedar Wildfires.  This case was featured in DRI - The Voice of the Defense Bar's June 4, 2008 issue of The Voice.

P.K. Schrieffer LLP wins motion for summary judgment on $19 million broker E&O lawsuit filed in Orange County Superior Court.