Cozen O’Connor member Kevin M. Mattessich recently spoke on the U.S. subprime and credit crisis at the 2008 London Market USA Study Tour, sponsored by the Katie School of Insurance and Financial Services of Illinois State University and Optimum Consultants Limited. Mattessich’s speech, entitled “The Subprime Crisis: How Did We Get Here?,” addressed the causes, size, and notable cases of the current subprime credit market crisis, and also discussed the crisis’ major corporate failures, insured coverage, and where the liability resides.

A member resident in the New York Downtown office, Mattessich practices with the global insurance group, focusing on insurance law and commercial litigation. Prior to joining Cozen O’Connor, he served as a federal prosecutor with the U.S. Department of Justice in Washington, D.C., and as a member of the Fraud Section of the Criminal Division in a special unit investigating healthcare and insurance fraud.

Mattessich has represented foreign and domestic professional indemnity and general liability insurers and reinsurers in cases throughout the world. His experience includes matters involving insider trading, money laundering, foreign corporation bribes, derivatives trading, securities offerings, telecommunications fraud and insurance fraud within multi-national financial institutions, brokerage houses and other corporations. He has assisted insurers in establishing insurance programs and in underwriting specialized risks, and has also drafted financial institution and commercial bonds and liability policies relating to professional services, directors and officers, trustees and fiduciaries, employment practices, kidnap and ransom, fidelity and electronic risks. He has advised both cedents and reinsurers with respect to the administration of treaty and facultative risks, including programs involving complex financial institution claims.

Mattessich has spoken on such issues as white collar fraud and insurance at FBI training seminars, the U.S. Attorney General’s Advocacy Institute and at various privately sponsored seminars. Also, he has been called to testify before the U.S. Senate Judiciary Committee concerning health care/insurance fraud issues. He was a contributing author to @RISK (Reactions 2002), is a member of the Professional Liability Underwriting Society, and is vice chair of the Professionals’ Officers’ and Directors’ Liability Committee of the tort trial and insurance practice section of the American Bar Association.

Mattessich is a graduate of Boston College (B.A., cum laude, 1982) and the Catholic University of America Law School (J.D., 1985). He is admitted to practice in New York and in New Jersey.