Patrick Frye


[email protected]

Phone: (312) 360-6785

Fax: (312) 360-6520

The good lawyer is not the man who has an eye to every side and angle of contingency, and qualifies all his qualifications, but who throws himself on your part so heartily, that he can get you out of a scrape.

- Ralph Waldo Emerson



Patrick Frye is a Partner in the Litigation Practice Group and member of the Insurance/Reinsurance Industry Team. He represents clients in commercial litigation, including coverage disputes and antitrust claims. He advises clients on litigation strategy and appears before arbitration panels and state and federal courts.

Patrick has represented policyholders or client insurers in disputes over a wide variety of insurance products, including CGL, E&O/professional liability, D&O, and long-term disability policies. He was second chair in a trial that resulted in a $5 million verdict in favor of his client, a reinsurer overbilled by the defendant ceding insurer. He was second chair in an arbitration that decided that the 9/11 World Trade Center terrorist attack was one event only. Therefore his client reinsurer was not liable to pay a second $15 million to the ceding insurer.

When not representing his clients in their disputes, Patrick works on his Krav Maga.

Representative Matters

Representative Matters

  • Won dismissal of a disability policyholder’s claim to reform the terms of his policy as time-barred, and won summary judgment on his claim for coverage under the actual terms of his policy.

  • Counseled a reinsurer on its breach of contract claim against its former management.

  • Represented a reinsurer in a collection dispute against two retrocessionaires, settling with one and winning summary judgment against the other.

  • Represented a reinsurer in a three-week evidentiary hearing in federal court regarding a captive insurer’s redomestication from a U.S. state to Bermuda in order to expand coverage for asbestos and environmental claims under the general liability policies that the captive issued its owner. 

  • Served as second chair at a federal trial for breach of reinsurance contracts, resulting in a $5 million judgment for the client reinsurer.

  • Represented an excess insurer against a manufacturer’s belated claim for coverage of its asbestos liabilities.

  • Won dismissal for a client of a $6 million claim brought under an insurance policy issued by its subsidiary insurance company.

  • Won summary judgment for a life insurer against the State of Illinois in a tax dispute.

  • Represented an insurer in the course of adjusting a claim for property coverage following a fire at a casino, which led to subrogation claims.

  • Represented a business-auto insurer against a railroad that sought coverage under a “designated insured” form included in its subsidiary’s policy.

  • Represented an excess insurer against a manufacturer’s belated claim for coverage of its asbestos liabilities.

  • Represented an insolvent professional liability insurer and its reinsurer against a lawsuit brought by the assignee of the policyholder doctor.

  • Investigated long-term-care policyholders’ complaints about the client insurer’s denials of claims, and counseled the insurer on, and responded to, complaints filed with various states’ regulators.

  • Represented a D&O insurer in an arbitration following the insurer’s denial of coverage for an investment fund’s regulatory settlement of allegations of securities manipulation.

  • Negotiated a settlement obligating a CGL policyholder to sue its former subsidiary, and not the client insurer, for indemnification of a $1 million deductible obligation to the insurer.

  • Represented insurers against putative class alleging antitrust and RICO violations based on alleged “bid rigging” and the normal underwriting practices of Lloyd’s of London.

  • Won judgment for a professional liability insurer against a claim for coverage of a $1.25 million judgment entered against the policyholder.

  • Won summary judgment, including attorney’s fees, for an insurer seeking collection under its $1 million deductible from a worker’s compensation policyholder.

  • Served as second chair at an arbitration concerning the number of 9/11 World Trade Center events under a reinsurance treaty, resulting in the release of a $14.4 million letter of credit to the client.

  • Represent an excess CGL insurer in a multimillion dollar allocation lawsuit against the CGL insurers of the indemnitor of the client’s policyholder, arising from an engine fire that burned down a tug boat for oil rigs.

  • Represent a foreign insurer against its policyholder’s multimillion dollar lawsuit seeking coverage of claims against it by thousands of people infected by hepatitis C or HIV.








  • Author, "Insurance case will provide plenty of questions for Supreme Court," The Chicago Daily Law Bulletin (April 23, 2018).
  • Author, "Illinois Supreme Court Should Clarify Insurance Law," Law360 (March 14, 2018).