Professional Liability Insurance Coverage

Featured Publication:

Fifth Circuit Affirms Application of Securities Exclusion [Alert]

Rafael Rivera discusses Gleason v. Markel American Insurance Company and the importance of the wording of securities exclusions in D&O policies.

More

Professional liability is one of the most fluid segments of the insurance industry because the potential exposures and insurance products change constantly in response to market conditions. Cozen O’Connor’s team of recognized professional liability coverage attorneys practice on the cutting edge of this dynamic and high-stakes field.

Our firm serves domestic and international insurers of the full range of professional specialties, from banking and investment to law and healthcare. We have experience with virtually all categories of professional liability coverage.

Our attorneys are particularly well known for their work as insurer counsel with respect to directors and officers (D&O) and errors and omissions (E&O) policies. From the insider trading scandals of the 1980s to the financial crisis of 2008, Cozen O’Connor has played a critical role in most major professional liability coverage disputes in recent memory.

The firm also includes attorneys who focus on medical, legal, accounting, architectural, and other professional coverage. These types of policies are unique because they are structured around the duties, language, and norms associated with specific industries. Through decades of careful service, our attorneys have developed deep and essential knowledge about the underlying covered professions.

Cozen O’Connor assists insurers in all aspects of policy development and claims handling, including policy design and drafting, bordereau reporting of E&O and D&O programs, coverage analyses, claims investigations, mediations, settlement negotiations, and trials. Our goal is to resolve issues quickly and amicably, but we are absolutely prepared to take large coverage cases to verdict when necessary.

The firm is also distinguished by its geographic scope. With offices in 26 cities across the United States, as well as in London, Montreal, Toronto, and Vancouver, we have the capability to respond wherever and whenever coverage issues arise. Cozen O’Connor can offer clients premier service in every jurisdiction in the country at rates that are transparent and sustainable.

Experience

Publications

Doing His Part [Chicago Lawyer]

July 16, 2021

Gary Gassman is featured in the July edition of Chicago Lawyer discussing championing diversity and inclusion initiatives in his many roles within Cozen O'Connor and the American Bar Association (ABA).

Delaware Supreme Court Validates Federal Forum Provisions in Delaware Corporations’ Charters [Alert]

March 24, 2020

Rafael Rivera discusses the Sciabacucchi decision and how it may impact state SCAs and limit attendant D&O-related costs.

Fifth Circuit Affirms Application of Securities Exclusion [Alert]

August 26, 2019

Rafael Rivera discusses Gleason v. Markel American Insurance Company and the importance of the wording of securities exclusions in D&O policies.

Eleventh Circuit Holds No Obligation to Cover Defense Costs from DOJ Antitrust Investigation

July 30, 2019

Rafael Rivera, Jr discusses the Circuit Court's decision in Crowley and how it may impact whether government investigations trigger coverage under D&O policies and, if so, at what point during an investigation.

Insuring Against Social Engineering Attacks [Risk Management]

May 01, 2017

Elan Kandel and Alexander Selarnick, of Cozen O'Connor's Global Insurance department, co-authored an article for Risk Management titled "Insuring Against Social Engineering Attacks."

Texas Supreme Court Broadly Defines Successor When Enforcing the Insured v. Insured Exclusion [Global Insurance Alert]

March 01, 2017

Greg Hudson discusses the Texas Supreme Court decision that the language of the insured v. insured exclusion also includes any claim where a party has stepped into the shoes of an insured.

The Eighth Circuit Applies Insured vs. Insured Exclusion to Non-Insured Co-Plaintiffs [Global Insurance Alert]

February 08, 2017

Jonathan Toren discusses a recent Eighth Circuit ruling that an Insured vs. Insured exclusion applied to an insured director’s entire lawsuit, even though other non-insured shareholders were also plaintiffs in the suit.

Events & Seminars

Upcoming Events

Review of Significant D&O Cases for the Second Half of 2021

January 26, 2022 - Webinar

January 26, 2022 - Webinar

Past Events

In2Risk 2021

September 24, 2021 - Lake Buena Vista, FL

2018 Professional Liability Seminar

November 01, 2018 - New York, NY

2017 Professional Liability Seminar

October 12, 2017 - New York, NY

2017 CLM Annual Conference

March 29, 2017 - Nashville, TN

In The News

Three Cozen O’Connor Attorneys recognized as Crain's Chicago Business 2021 “Notable Gen X Leaders in Law”

November 29, 2021

Three Cozen O’Connor attorneys have been recognized as 2021 Chicago Notable Gen X Leaders in Law by Crain’s Chicago Business for their success and accomplishments in their leadership roles within the firm and across the legal community.

More Than 205 Cozen O’Connor Attorneys Named Best Lawyers and Ones to Watch By The Best Lawyers In America

August 19, 2021

Best Lawyers selected 210 Cozen O’Connor lawyers from 23 of the firm’s nationwide offices for inclusion in the 2022 edition of The Best Lawyers in America.

Cozen O’Connor Attorney Gary Gassman Elected Chair-Elect of ABA Tort Trial & Insurance Practice Section

August 20, 2020

Chicago attorney Gary Gassman, co-chair of Cozen O’Connor’s Professional Liability Coverage Practice, has been elected chair-elect of the American Bar Association Tort Trial & Insurance Practice Section (TIPS), one of the ABA’s largest sections.

Contacts

Angelo G. Savino

Chair, Professional Liability Practice Group

asavino@cozen.com

(212) 908-1248

Gary L. Gassman

Member

ggassman@cozen.com

(312) 474-7994

People

Related Practice Areas

Related Blogs

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Covering state and federal bad faith decisions and practices impacting insurers.

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Following current trends in cyber, privacy, and data security law.

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Covering first-party decisions and developments.

Upcoming Event:

Review of Significant D&O Cases for the Second Half of 2021

Webinar 01/26/2022

January 26, 2022 - Webinar

Event Details

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