Calfee Insurance Coverage Practice Chair James Sullivan Quoted in Law360 Article “Coral Bleaching Highlights Value of Reef Insurance”

Mentioned and Quoted

Calfee Insurance Coverage Practice Chair and Partner K. James Sullivan was quoted in the May 2, 2024 Law360 article, “Coral Bleaching Highlights Value of Reef Insurance.”

The article analyzes how an ongoing trend of coral bleaching, whereby over-warm ocean water causes coral to evict symbiotic algae and turn white, highlights the important role insurance can play in helping to restore marine life.

"To K. James Sullivan, chair of the insurance recovery practice at Calfee, Halter & Griswold LLP, a key question surrounding parametric policies and whether they will catch on more broadly is whether they can help balance and manage risk, while offering benefit to both sellers and purchasers.

"'Coral reefs are a beautiful example of the curious future of parametric insurance,' Sullivan said. 'Can the data analysis and the modeling keep up with these changing and complex risks that we're finding are causing more and more harm to the world?'"

James is one of 23 Ohio lawyers certified as insurance law specialists by the Ohio State Bar Association and is a member of the American College of Coverage Counsel (ACCC). He has been recognized for his work in Insurance Law in Ohio by Chambers USA, most recently ranked in 2023 in Band 1. James was named Best Lawyers^® 2018 Insurance Law "Lawyer of the Year" in Cleveland and has been selected to The Best Lawyers in America list since 2017. He also has been named by Ohio Super Lawyers to the "Top 100 Attorneys in Ohio" list (2015-2024) and to the "Top 50 Attorneys in Cleveland" list (2015-2020, 2022-2024). In 2023, Business Today designated James as one of the "Top 10 Most Influential Insurance Lawyers in Ohio."

Read the full Law 360 article.

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