David V. Goodsir

David has represented corporate policyholders for 35 years in disputes with foreign and domestic insurers involving general liability, professional liability, errors and omissions liability, directors and officers liability, managed care liability, cyber insurance, fiduciary liability, employment practices liability, fidelity bond, product liability, product recall, property, business interruption, stop loss, provider excess loss and reinsurance coverages. He has represented policyholders (both large publicly held companies and smaller private companies) in the manufacturing, health care, transportation, mining, retail, and other industries. He has also represented creditors’ committees on insurance matters in Chapter 11 bankruptcies. David’s coverage work, includes numerous landmark decisions in cases of first impression.

In connection with complex insurance disputes, litigation and arbitrations, David has negotiated many high-dollar insurance settlements with domestic, London and Bermuda insurers and has helped secure over $1 billion in total recoveries for policyholder clients on insurance recovery matters, including a number of nine figure, full tower E&O, D&O and cyber insurance recoveries. David also advises clients in analyzing and negotiating the placement of insurance and on day-to-day claims-handling matters in virtually every line of corporate and management liability insurance.

David has deep managed care organization (MCO) and health care experience from representing clients in those industries for over 20 years. David has regularly represented MCOs and other health care companies in insurance recovery and insurance placement matters, including numerous Blue Cross Blue Shield entities, other MCOs, and health care companies. He has been lead insurance recovery counsel and co-coordinating counsel for coverage of numerous large MDL and class actions facing the health care industry in the last two decades.

David regularly speaks at professional/industry conferences, CLE webinars and presents to firm clients on insurance recovery, indemnity, reinsurance and professional responsibility matters. From 2014 to 2024, David served as the Chicago office’s partner representative on the Reed Smith’s Professional Review Committee, which handles ethics and professional responsibility issues as well as works with the firm’s Legal Department on legal matters for the firm.