Traci S. Rea Photo
trea@reedsmith.com

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Traci's practice focuses on delivering creative and efficient resolutions to her corporate clients’ complex commercial litigation. She has recovered insurance policy proceeds for her clients in a wide variety of contexts, including amounts due under mortgage insurance policies, bankers’ professional liability policies, comprehensive general liability policies, first party property policies, fidelity bonds, title insurance policies and directors and officers liability policies.  Traci has also represented clients in the banking, natural gas, heath care  and manufacturing industries in a host of high stakes commercial disputes. Her litigation experience includes actions seeking hundreds of millions of dollars in mortgage insurance for securitized mortgage pools,  commercial oil and gas litigation raising several issues of first impression and numerous multi-million dollar insurance coverage and commercial contract cases.  Traci has represented her clients in arbitrations and litigation in state and federal courts throughout the United States, including in Pennsylvania, New York, Illinois, California, Louisiana, Massachusetts, North Carolina, and West Virginia.

Credentials

  • University of Pittsburgh School of Law, 1995, J.D., magna cum laude, Member, Order of the Coif; Member, University of Pittsburgh Law Review
  • University of Pittsburgh, 1990, B.A., French

  • Pennsylvania

  • U.S. Court of Appeals - Third Circuit
  • U.S. Court of Appeals - Fourth Circuit
  • U.S. Court of Appeals - Ninth Circuit
  • U.S. District Court - Western District of Pennsylvania

  • Allegheny County Bar Association
  • The Pittsburgh Cultural Trust’s Children’s Theater Festival Advisory Board
  • The Pittsburgh Legal Diversity & Inclusion Coalition – Chair Community Building Subcommittee
  • Leadership Counsel on Legal Diversity – Pittsburgh City Lead for Law Student Mentoring Programs

  • Honorable Carol Los Mansmann, U.S. Court of Appeals - Third Circuit

Awards & Recognition

  • Honored by the Pennsylvania Diversity Council as a recipient of its 2014 “Most Powerful & Influential Woman” Award

In the News

  • “Insurance Cases To Watch In 2016,” Law360, 24 December 2015
  • “Hanover's 3rd Circ. Win Exposes Policyholders To Vague Suits,” Law360, 27 October 2015
  • “Policyholder keeps coverage despite merger,” Business Insurance, 30 August 2015
  • “Obscure 1872 law provides new insurance policy guidance,” Daily Journal, 21 August 2015
  • “Calif. Policy Transfer Ruling Ends Insurer 'Windfall',” Law360, 20 August 2015
  • “Policyholders entitled to coverage despite insurers' refusal to settle,” Business Insurance, 23 July 2015
  • “High Court Allows Insureds to Settle Without Insurer Consent,” The Legal Intelligencer, 22 July 2015
  • “Insurers Could Face Inflated Settlements Under Pa. Ruling,” Law360, 22 July 2015
  • “Pa. Justices Bless Disputed $80M Radiation Settlements,” Law360, 21 July 2015
  • "4 Insurance Battlegrounds To Watch In Pennsylvania," Law360, 3 June 2015
  • "Bad Faith Suits Poised To Rise After Pa. Assignment Ruling," Law360, 15 January 2015
  • "Insurance Cases to Watch In 2015," Law360, 2 January 2015
  • “Indalex Ruling Threatens Insurers with Greater Tort Exposure,” Law360, 25 September 2014
  • "Policyholders To Use Indalex As Ammo In Faulty Work Suits,” Law360, 9 December 2013