Finance Monthly announced that McGuireWoods is its 2011 Insurance/Reinsurance Firm of the Year. Richmond partner Collin Hite, co-leader of the firm’s Insurance Coverage Practice Group, received the announcement from Andrew Palmer, which states: “After much hard work and many hours spent number crunching, Finance Monthly is proud to officially inform you that you have won a Finance Monthly Law Award 2011. Please accept our warmest congratulations. Winner in the category of – Insurance & Reinsurance Firm of the Year, USA”
Finance Monthly’s announcement went on to say, “The role of corporate lawyers cannot be underestimated, they have been at the very heart of the global recovery and their day to day involvement is vital to ensure stability, consolidation and growth. The past year has seen the green shoots of recovery begin to blossom and although the difficult business environment is ever present, law firms continue to flourish. In difficult trading conditions such as these the successful firms innovate and stay fleet of foot to meet the changing business climate head on. The 2011 Finance Monthly law awards recognizes all those firms that have dedicated their resources to innovation, built on their depth of expertise and performed outstandingly over the year.”
Hite noted, “This is a terrific honor for our firm and the Insurance team. The hard work of our insurance attorneys for policyholders around the country is beginning to be really noticed in the larger business community.”