Russ Stedman devotes the majority of his practice to insurance and reinsurance law. With 30 years of litigation and advisory experience, Mr. Stedman pursues his client’s specific goals in each individual assignment, tailoring the firm’s services as needed. He has developed long-term relationships with many companies by learning and applying his extensive knowledge of insurance law to the client’s business philosophy and procedures. In addition to his insurance practice, Mr. Stedman's non-insurance experience includes investment disputes; partnership and closely held business disputes, such as dissolution, freeze-out and taking of business opportunities; misappropriation and use of customer lists; and vendor disputes.
Mr. Stedman became a capital partner of Hinshaw & Culbertson LLP in October 2014 as a result of the merger of Hinshaw and the Los Angeles-based firm of Barger & Wolen LLP. He is a member of the Hinshaw Executive Committee. At Barger, Mr. Stedman served as a member of the Firm’s Executive Committee and was also a former partner-in-charge of Barger's San Francisco office.
- The State Bar of California, Member
- ARIAS U.S., Member
- DRI, Member
- The Bar Association of San Francisco, Insurance Practice Section, Member
Honors & Awards
- Mr. Stedman holds the AV® Preeminent Peer Review Rating from Martindale-Hubbell, its highest rating for ethics and legal ability.
Examples of Mr. Stedman’s insurance and reinsurance experience include:
- Individual and group life and disability, including traditional claims disputes, ERISA and other issues such as agent misconduct, elder abuse, tax loss, suitability, twisting and FINRA arbitrations for sales of registered products.
- Defense of property and casualty bad faith litigation.
- Class action defense, including a suit against a life insurer for death benefits on policies issued from 1895-1915 to persons who allegedly died in the Turkish-Armenian conflict, and suits against homeowners’ insurers for alleged improper depreciation of property in valuing loss payments.
- Insurance company related investment disputes, including selling away, investment advisor and asset manager disputes, management of insurance company portfolio, including asset allocation, suitability and permissible investments, self-dealing, related party transactions and mismanagement of specific assets.
- Large property and business interruption loss claims, such as oil refinery accidents and earthquake damage to a major port.
- Liability coverage under multiple-layer excess program for toxic cloud dispersal. Liability coverage for mass torts, including primary and excess, exhaustion, aggregate limits, contribution.
- Reinsurance disputes and arbitrations, including traditional, financial, captive, fronting, pooling, and MGA. Drafting of agreements, including reinsurance and assumption agreements.
- Unfair business practices claims, including sales, claims adjusting, reserve and experience modifier practices, non-renewal and group health insurance discriminatory rating.
- Insolvency law, including representation of insurers or reinsurers in California, Bermuda, Texas, Illinois, Florida and Mississippi.
- Market conduct examinations by the California Department of Insurance.
J.D., University of Southern California School of Law, 1984
- Editor, Law Review (1983-1984)
- Staff, Law Review (1982-1983)
B.A., University of California at San Diego, 1981