Verne Pedro, Esq.

Verne Pedro, Esq.

Verne Pedro is a senior level insurance coverage and litigation attorney in the Red Bank, New Jersey and Manhattan offices of the firm. He draws upon more than 15 years of diverse experience handling significant insurance coverage matters to help individual and business policyholders make informed and empowered decisions about their property insurance claims.

Verne’s entire career has been dedicated to specialized insurance law. While attending law school he was a claims analyst for one of the largest insurance companies in the world. He proceeded to build on this experience in private practice as an insurance coverage attorney, where he counseled insurance carriers in countless insurance coverage matters spanning an unusually wide spectrum of third party and first party insurance issues. He also represented clients in various non-insurance matters, such as asbestos, products liability, and commercial disputes.

Now, armed with combined industry knowledge and expertise, Verne concentrates his practice on insurance recovery law and property damage claims. His practice focuses exclusively on helping policyholders evaluate their claims, decide the most effective approach to resolution, and maximize recovery under their insurance policies. He has recovered insurance proceeds for policyholders in a variety of property insurance claims, through both non-litigation measures and in litigation. Verne also has extensive experience handling flood insurance cases. In the aftermath of Hurricane Sandy, he successfully assisted hundreds of impacted clients to recover millions of dollars under their flood and homeowner’s insurance policies through settlement and litigation.

Verne’s experience with property damage claims encompasses losses caused by wind, fire, computer data loss, broker negligence claims, declaratory judgment actions, flood and water damage, boat damage, bad faith, breach of contract, and related business interruption, business income, and extra expense claims. He also handles bankruptcy-related insurance issues.

As a litigator, Verne provides a full range of proven advocacy services to his clients, from strategic claim counseling and policy analysis to settlement negotiation and all phases of litigation and appellate work. Representative clients include homeowners, businesses, commercial real estate brokers, and condominium associations.

Verne is diligent and passionate about helping clients understand the “big picture” as well as any nuanced issues involved in their cases. If questions arise, he will always take the necessary time to keep his clients informed.

When he’s not working, Verne enjoys spending his free time with family. He is also an avid fitness enthusiast and kettlebell sport competitor.


  • Published Works

    Fundamental Insurance Principles – A Primer for Managing Risks, In-House Defense Quarterly, Winter 2012

    Weighing in on manual collection methods, National Law Journal, March 22, 2010 (co-author)

    Practice Tip:  S.D.N.Y. E-Discovery Decision Cautions Counsel to Supervise Client Collection Procedures, NYSBA, Torts Insurance and Compensation Law Newsletter, March 2010

    Plaintiffs Cannot Sue Design Professionals for Negligent Misrepresentation Absent Functional Privity, NYSBA, Torts Insurance and Compensation Law Newsletter, December 2009

    Court of Appeals Holds That Martin Act Preempts Condo Owners’ Fraud Claims Based Solely On Omissions From Offering Plan, NYSBA, Torts Insurance and Compensation Law Newsletter, September 2009

     

  • Classes/Seminars Taught

    First Party Claims Conference (Warwick, RI)- Documenting and Proving a Cyber Insurance Claim- October 17, 2017

    Presenter/Faculty, Self-Insured Retentions and Deductibles: Key Coverage Issues, Strafford Webinar Series, October 3, 2012 (reprised presentation in August 2013, August 2014, March 2016 and May 2017)

    Presenter/Faculty, Insurance Policy Interpretation Rules, Strafford Webinar Series, January 31, 2013

    Presenter/Faculty, Self-Insured Retentions and Deductibles: Key Coverage Issues, Strafford Webinar Series, October 3, 2012 (reprised presentation in August 2013, August 2014 and March 2016)

    Moderator, “Staffing the Case: Examining the Potential Ethical Impact of Staff and/or Panel Counsel on the Tripartite Relationship,” ABA Insurance Coverage Litigation Committee Midyear Program, February 17, 2012

    Presenter/Faculty, “Emerging Claims Under Coverage B,” DRI Insurance Coverage and Practice Symposium, December 15, 2011

    Presenter/Faculty, “Fundamental Insurance Principles for Managing Risks,” DRI Strictly Hospitality Seminar, September 23, 2011