Overview
Nora Valenza-Frost represents insurers and reinsurers in complex commercial litigation and arbitrations, including complex insurance coverage disputes and reinsurance matters. She regularly represents and counsels insurers, cedents, and reinsurers on claims, coverage, regulatory, and contract wording issues across all lines of business. Nora has also represented insurance companies before the New York State Department of Financial Services.
In addition to her work in the insurance and reinsurance space, Nora handles a variety of complex commercial disputes on behalf of lenders, mortgage servicers, and other financial institutions involving a wide variety of tort, property, and contract issues.
Experience
Insurance/Reinsurance Coverage and Litigation
Nora is counsel to insurers and reinsurers in matters involving numerous lines of business, including commercial general liability, EPL, D&O, E&O, representations and warranties, professional liability, fidelity, cyber, property, business interruption, life and health, workers' compensation, pollution, marine and inland marine, kidnap and ransom, and energy. Nora has experience with various insurance coverage issues, including claims-made and notice requirements, additional insured rights, other insurance clauses and priority of coverage, recoupment, consent-to-settle or voluntary payments provisions, fortuity, trigger, exhaustion, allocation, number of occurrences, subrogation, and follow form clauses. She also has experience with reinsurance issues such as follow-the-fortunes and follow-the-settlements, follow-the-form, underwriting and pricing, claims handling, utmost good faith, and various contract wording disputes.
She has handled a wide range of claims, including sexual/physical abuse, molestation, assault, construction defect, lead paint exposure, other types of alleged bodily injury, asbestos and toxic torts, third-party and first-party property damage, antitrust, pollution and other environmental damages, personal and advertising injury exposure, kidnapping, data breaches, employment practices violations, and breaches of purchase agreements.
Representative Insurance Matters
Insurance coverage dispute involving underlying claims of sexual/physical abuse, granting a motion for partial summary judgment regarding pro rata allocation of defense and indemnity costs, number of occurrences, and exhaustion of multiple self-insured retentions. National Union Fire Insurance Co. of Pittsburgh v. Roman Catholic Diocese of Brooklyn, No. 653575/2014 (N.Y. Sup. Ct. 2017), appeal dismissed, No. 2018-686 (N.Y. App. Div. 2019).
Obtained an order granting petition to quash non-party subpoena issued by plaintiff in underlying construction defect action seeking the production of documents pertaining to other insurance coverage, policies, and claims-related information. AIG Claims, Inc. v. Pier View Condominium Ass'n, Inc., No. 157730/2018 (N.Y. Sup. Ct. Apr. 15, 2019).
Obtained summary judgment for second layer excess insurer in dispute involving E&O coverage provided by an excess liability policy on grounds that the underlying claim did not involve a "wrongful act" implicating the policy's insuring agreement, lacked the requisite fortuity required by New York law, and was barred by the policy's breach of contract exclusion. County of Suffolk v. Lexington Insurance Co., No. 604661/2017 (N.Y. Sup. Ct. 2018).
Defended and favorably settled multimillion-dollar pollution liability claim involving multiple pollution sites.
Represented insurer in confidential arbitration involving representations and warranties policy in which buyer alleged breaches of a number of financial representations in a securities purchase agreement.
Defended and favorably settled numerous declaratory judgment actions in which underlying claim involved alleged construction defects.
Provided monitoring counsel.
Recent Representative Reinsurance Matters
Represented reinsurer in an arbitration involving the scope of a treaty's contested claims provision, related clauses, and the duty of utmost good faith.
Represented a stop-loss insurer/reinsurer in arbitration against a claims administrator and underwriter under an MGU agreement.
Represented a reinsurer in arbitration concerning its denial of a multimillion-dollar medical malpractice loss ceded to it in a matter involving late notice and bad faith claims handling.
Mortgage-Related, Consumer Finance, Title Insurance, and General Commercial Litigation and Dispute Resolution
Obtained an order granting lender's motion for summary judgment to secure the cancellation and discharge of record of an erroneous satisfaction of mortgage, declaring the subject mortgages valid and subsisting liens on the subject premises, and striking answer interposed by borrower. Saxon Mortgage Services, Inc. v. Wright, No. 707856/2017 (N.Y. Sup. Ct. July 22, 2019).
Obtained declaratory relief discharging erroneous satisfaction of mortgage and declaring the operative CEMA and mortgages valid and subsisting liens and encumbrances on the subject property. Saxon Mortgage Services, Inc. v. Trovato, No. 610603/2017 (N.Y. Sup. Ct. July 30, 2018).
In a quiet title dispute, obtained dismissal of fraud and unjust enrichment claims brought against insured by plaintiff seeking to unwind a foreclosure judgment and alleging the misappropriation of real property. Lindow v. Royal Realty Associates, LLC, No. 8588/2014 (N.Y. Sup. Ct. 2018).
Obtained judgment in favor of a mortgage servicer declaring an erroneous satisfaction of mortgage null and void, directing the city register to cancel and discharge said satisfaction of mortgage, and declaring the CEMA/mortgages valid and subsisting liens and encumbrances on the subject property. SMI Home Mortgage v. Solano, No. 0381270/2009 (N.Y. Sup. Ct. 2017).
Obtained dismissal of lawsuit against servicer/lender alleging violations of TILA, Maryland's Consumer Protection Act, and RESPA and asserting claims of rescission, conversion, wrongful foreclosure, and breach of fiduciary duty. Jean-Baptiste v. Saxon Mortgage Services, Inc., No. CAE13-04688 (Md. Cir. Ct. July 16, 2015).
Obtained dismissal of complaint alleging fraud, unjust enrichment, violations of the FDCPA and TILA, and other claims against lender/mortgage servicer. Craig v. Saxon Mortgage Services, Inc., No. 2:13-cv-04526, 2015 WL 171234 (E.D.N.Y. Jan. 13, 2015).
Obtained dismissal of action against lender alleging certain violations related to abandoned property and seeking fines/violations. Mayor & City Council of Baltimore v. Saxon Mortgage Inc., No. 23651-14 (D. Md. 2015).
Obtained an order discharging erroneous satisfaction of mortgage and declaring the CEMAs valid and subsisting liens on the subject premises, taking priority over other liens. SMI Home Mortgage v. Coyne, No. 17838/2009 (N.Y. Sup. Ct. 2014); SMI Home Mortgage v. Downs, No. 18262/2009 (N.Y. Sup. Ct. 2014); SMI Home Mortgage v. Goodman, No. 23786/2009 (N.Y. Sup. Ct.); SMI Home Mortgage v. Sakla, No. 005220/2009 (N.Y. Sup. Ct.); SMI Home Mortgage v. Hakanjin, No. 10870/2009 (N.Y. Sup. Ct.).
Mortgage servicer not liable in action to determine adverse claims to property under New York Real Property Actions and Proceedings Law. Deramo v. Laffey, No. 15061/2011 (N.Y. Sup. Ct. 2014).
News & Insights
News
Publications
Speaking Engagements
"Update on Reviver Statute SAM Claims," Reinsurance Association of America (December 2, 2025)
"N.Y. Ins. Law § 3420(d)(2): Issues and Considerations," Carlton Fields (March 10, 2022)
"Missing/Lost Policy Situations: Issues and Considerations," Carlton Fields (March 3, 2022)
"Developments in Reviver Statute Legislation: How Much Is the Door Open," Carlton Fields (November 12, 2020)
Blog Posts
Recognition
Honors & Recognitions
The Best Lawyers in America: Ones to Watch (2021–2024)
New York Metro Rising Stars, Super Lawyers Magazine (2018–2023)
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Professional & Community Involvement
Professional & Community Involvement
Nora is a member of the American Bar Association, the Maritime Law Association of the United States, and the New York State Bar Association.
Beyond the Bio
Nora is an editor of Reinsurance & Arbitration Focus, the firm's blog focused on reinsurance and arbitration developments. During law school, she served as an intern to the Honorable Faith S. Hochberg of the U.S. District Court for the District of New Jersey.
Related Capabilities
Bar Admissions
Court Admissions
Education
J.D., Brooklyn Law School
B.A., University of Maryland