Stacey Farrell maintains a national practice through which she serves as coverage counsel in connection with catastrophic and other large loss events; defends global insurers against alleged first- and third-party bad faith claims arising from commercial losses; and manages disputes arising from large first-party loss of physical and digital assets, in addition to potentially high exposure third-party loss stemming from alleged property damage and bodily injury due to catastrophic events. Stacey has extensive experience representing large markets of insurers in alleged multi-million- and billion-dollar matters comprising complex insurance coverage disputes at both the primary and excess layers.
Because of the national scope of her first-party property background, Stacey is well positioned to advise clients on COVID-19 issues arising under more traditional first-party coverages such as business interruption, civil authority, ingress/egress, number of occurrences; potential affirmative grants of non-physical damage coverages; and with respect to relevant exclusionary terms. As one of the firm’s partners leading the response to COVID-19 claims on behalf of a number of clients in the US, she has extensive experience working with large markets of insurers, which is paramount to providing clients with excellence in service across the spectrum of issues that have arisen in these claims. Stacey is currently counselling a number of clients on significant coverage issues across all stages of these claims from intake to coverage opinion to coverage position and to litigation, in multiple state and federal jurisdictions.
- US District Courts for the Southern, Middle and Northern Districts of Georgia
- US District Court for the Eastern District of Tennessee
- US Court of Appeals for the Eleventh Circuit
- US Supreme Court
- J.D., cum laude, University of Georgia School of Law, 2002
- B.B.A., International Business, University of Georgia, 1999
- Georgia Bar Association
- Texas Bar Association, Insurance Section
- Loss Executives Association
- Felipe Garcia v. Certain Underwriters at Lloyd’s. Defended London Market of Insurers against Alabama commercial policyholder's claims of breach of contract and bad faith arising from alleged storm damage to a warehouse, obtaining an early dismissal with prejudice of the policyholder's bad faith claim; and then obtaining summary judgment in favor of Underwriters on remaining breach of contract claim, resolving the case in the full.
- Defended domestic insurer in third-party claimant's suit based on alleged assignment of claims of the insurer's "failure to defend" and "failure to pay or indemnify" policyholder, arising from an underlying lawsuit for catastrophic injuries damages in which third-party claimant was awarded USD 2 million in damages. Removed to federal court; and, after preliminary motions filed on behalf of insurer, obtained complete voluntary dismissal of third-party claimant's suit against insurer. Suit was never refiled.
- Represented an international insurer in coverage and fraud litigation against commercial policyholder, which resolved in insurer’s favor in an amount totaling less than 10% of the initial claimed amount as presented by the policyholder due to successful defenses of late notice, progressive loss, potential material misrepresentations and grounds for rescission.
- Defended London Market of Insurers against Virginia condominium unit owners' declaratory judgment action arising from alleged property damage claim due to a fire loss, obtaining dismissal on behalf of insurers.
- Interviewed on WXIA 11Alive as an expert on cyber-attacks, 2018
- Interviewed and quoted, “Attack on Atlanta’s Computer System Impacting Services”, Atlanta Journal and Constitution, March 2018
- "A Review Of 2017 Property Trends: The Gloom That Looms," LMA/LIIBA U35 Claims Group, Lloyd's Market Association, February 2018
- “Ethical Crossroads – Which Way Do I Go?” The Houston Claims Association, Houston, Texas, October 2016
- "Ethical Crossroads – Which Way Do I Go?” International Marine Underwriters Association, Atlanta, Georgia, September 2016
- Loss Executive Association (LEA) Conference, Ensuing Loss, Newport, Rhode Island, June 2016
- “Coverage vs. Damage: Does Appraisal Include Causation?” Law360, New York, May 2014