Sandra Smith

Insurance Recovery



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Sandra Smith Thayer

Insurance Recovery


Sandra Thayer is a partner in Liner’s Insurance Recovery Group.  She has been recognized as one of the nation’s top insurance recovery lawyers (Law360) and one of California’s Top 100 Women Litigators (Daily Journal). She specializes in representing clients in high stakes, bet-the-company litigation against insurers and insurance brokers. She also advises clients on post-loss and post-claim insurance issues, including assisting clients in negotiations with insurers. Ms. Thayer has represented insureds in a wide range of industries and in a wide range of insurance matters, including claims under cast insurance, directors and officers liability, employment practices, errors and omissions, general liability, political risk, property, revenue shortfall, and specialized policies.

Ms. Thayer co-led efforts that resulted in insurance recoveries of more than $1.8 billion for an energy company in connection with the 2007 San Diego Wildfires. Currently, Ms. Thayer co-leads Liner’s efforts to obtain insurance coverage for another energy company in connection with coverage issues arising out of a major fire in Northern California and yet another energy company in connection with the Aliso Canyon/Porter Ranch, California, natural gas well leak. 

In addition to insurance recovery matters, Ms. Thayer represents insureds in claims against insurance brokers malpractice, breach of contract, and fraud. She played an instrumental role in obtaining one of the largest jury verdicts ever against Marsh USA ($48.5 million).  She handled all aspects of the pre-trial work in the Marsh lawsuit, conducted direct and cross-examination of the majority of the witnesses at trial, and developed many of the key arguments and evidence that led to the judgment and its affirmance in full on appeal. Ms. Thayer also was instrumental in obtaining an even larger recovery against another insurance broker involving a dispute over whether the broker accurately represented the insurance it procured.

Ms. Thayer also specializes in the area of political risk insurance. She has handled political risk insurance claims for companies with losses in Argentina, China, and Mexico, including second-chairing a month-long arbitration before the London Court of International Arbitration on behalf of a major east coast energy company.

Ms. Thayer has litigated and arbitrated entertainment insurance claims, including second-chairing an entertainment industry arbitration resulting in a total recovery of $100 million under a revenue shortfall policy and representing a studio in the largest cast insurance recovery in entertainment industry history.  Ms. Thayer also is a co-author of the New Appleman Sports and Entertainment Insurance Law & Practice Guide.

Ms. Thayer also recently first-chaired an arbitration against an insurer that challenged the rates charged by the insured’s underlying defense counsel and costs incurred in that defense. The arbitrator awarded the full amount sought.


  • California
  • U.S. Court of Appeals for the Ninth Circuit
  • U.S. District Court, Central District of California
  • U.S. District Court, Northern District of California



Tulane University Law School (J.D., cum laude, 1998)

University of California Los Angeles (B.A., 1994)

Speaking Engagements & Publications


Speaking Engagements

  • “West LA Roundtable: Hot Topics in Insurance for Inside Counsel,” ACCA SoCal IC Roundtable, May 24, 2012
  • “We Have Coverage for that? Unexpected Insurance Coverage Availability for Complex Business Claims,” April 28, 2010
  • “Insurance? It Is Not Just for Litigators and General Counsel! What Every Pro-Active In-House Lawyer Must Know...,” May 18, 2011


  • 2016 Insurance Coverage Litigation Year In Review, Law360, January 3, 2017
  • Political Risk Insurance: Coverage for Your International Investment, International Insurance Law Client Strategies: Leading Lawyers on Developing Purchase Strategies and Overcoming Regulatory Challenges (Inside the Minds), March 1, 2015
  • New York’s High Court: Insured’s Failure to Read Its Policy Does Not Preclude a Negligent Procurement Claim Against Its Broker, Policyholder Informer, July 22, 2013
  • Insuring Against Political Risks, Oil & Gas Financial Journal, April 2011
  • Insuring Against Political Risks, Maritime Executive, March 8, 2011
  • Insuring Against Political Risks, Los Angeles Daily Journal, February 18, 2011
  • New Appleman Sports and Entertainment Insurance Law & Practice Guide, LexisNexis, December 2010
  • Insurance broker responsibility extends beyond procuring coverage, Advocate: Journal of Consumer Attorneys Associations for Southern California, June 2010
  • Southern California Super Lawyers: 2013, 2016-2017 (Rising Star 2006-2007, 2009-2012)
  • Legal 500: The Client’s Guide to the US Legal Profession (2011 - 2013)
  • Chambers USA: America's Leading Lawyers for Business (2010)
  • Daily Journal: Named one of California's Top 100 Women Litigators (2010)
  • Law360: Named one of the nation’s Rising Stars in insurance and one of the Nation’s Top 10 Insurance Attorneys Under 40 (2010)
  • Los Angeles Daily Journal: Top Ten Plaintiff Verdicts in California (2009)