Randall I. Marmor

Partner

  • Office Contact Info
  • Biography

    Randall Marmor is a Partner in the Chicago office. He concentrates his practice on liability insurance coverage law and insurance coverage litigation. Randall represents domestic and London market insurers and sureties in matters involving coverage issues under professional liability policies, directors' and officers' liability policies, fidelity and financial institution bonds, crime policies, and surety bonds. 

    His practice includes all aspects of insurance coverage law. He frequently represents insurers under professional liability and directors' and officers' liability policies, counseling them on coverage issues, drafting coverage position letters, monitoring litigation, and litigating coverage disputes. He regularly drafts policy language and develops new products and endorsements on behalf of insurers. 

    Randall has extensive experience representing insurers in connection with claims that implicate employee dishonesty and other coverages under financial institution bonds, fidelity bonds, and crime policies. He also handles claims under policies covering liability and loss from cyber fraud. He is a frequent lecturer and author in the area of fidelity coverage and has been published by the American Bar Association, the Fidelity Law Association, and the Surety Claims Institute. He is co-editor of the American Bar Association treatises on commercial crime insurance (Commercial Crime Insurance Coverage; The Commercial Crime Policy, 2nd Edition). 

    Additionally, Randall represents sureties in connection with claims of obligees under performance bonds, claims by subcontractors and material suppliers under payment bonds, and related mechanics lien litigation. He is a contributing author of the American Bar Association's treatises on the surety's general agreement of indemnity (The Surety's Indemnity Agreement-Law and Practice, 1st and 2nd eds). He recently represented a surety trade association before the Illinois Supreme Court, amicus curiae, involving the application of statutes of limitation to sureties' claims under general agreements of indemnity. 

    He has been named a Fellow of the American Bar Foundation, an organization dedicated to advancing justice through rigorous research on the law, legal practices, and the law's impact on society. The Fellows is an honorary organization of lawyers, judges, and legal scholars whose public and private careers have demonstrated outstanding dedication to the welfare of their communities and to the highest principles of the legal profession. Membership in the Fellows is limited to one-third of one percent of lawyers licensed to practice in each jurisdiction. Members are nominated by Fellows in their jurisdiction and elected by the Board of the American Bar Foundation.

    Admissions

    • Illinois

    Memberships

    • American Bar Association
    • Fidelity Law Association
    • Surety Claims Institute
  • Practice Areas
  • Representative Experience
    • Representation of the London market as national coverage and monitoring counsel in connection with claims under professional liability policies and financial institution bonds issued to the mortgage industry.
    • Representation of insurers in connection with claims arising from Trojan horse viruses that resulted in loss of customer data, fraudulent transfers from bank accounts, and payment of fictitious invoices.
    • Representation of domestic insurer in a directors and officers coverage action arising from the dissolution of a national bank.
    • Representation of international liability insurers in connection with claims arising from privately funded securitization of $200 million in subprime mortgages.
    • Representation of London market insurers in a $24 million fidelity claim arising from a complex loan fraud and kickback scheme.
    • Representation of insurer in a seminal Illinois case addressing the compensability of indirect losses under a crime policy.
    • Representation of insurers in connection with a high exposure check kiting loss implicating novel issue of whether an insured's intentional disregard of internal policies abrogates coverage under a financial institution bond.
  • Publications & Presentations

    Publications

    • Co-Editor, Commercial Crime Insurance Coverage, American Bar Association, 2014
  • Education

    Education

    J.D., The John Marshall Law School

    B.A., Eastern Illinois University

    Honors

    Fellow, American Bar Foundation

    AV® Preeminent™,
    Martindale-Hubbell

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