Professional Liability Insurance Coverage

Featured Publication:

Significant D&O Cases From the First Half of 2022

Gary L. Gassman and Stephanie A. Nashban wrote the article “Significant D&O Cases From the First Half of 2022” for Westlaw Today.

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

Significant D&O Cases From the First Half of 2022

September 22, 2022

Gary L. Gassman and Stephanie A. Nashban wrote the article “Significant D&O Cases From the First Half of 2022” for Westlaw Today.

Business Insurance’s Up Close Column with Gary Gassman

September 16, 2022

Gary L. Gassman was featured in Business Insurance’s Up Close column, commenting on the insurance industry’s outlook and challenges, his advocacy for the LBGTQ+ community, and a look into his personal life, hobbies, etc.

Delaware Supreme Court Rejects Fundamentally Identical Relatedness Standard [Alert]

March 21, 2022

Angelo Savino and Ethan Price-Livingston discuss the decision in First Solar, Inc. v. Natl. Union Fire Ins. Co.

Ninth Circuit Affirms Application of Goods & Products Exclusion [Alert]

March 14, 2022

Angelo G. Savino and Rafael Rivera, Jr. discuss the Circuit Court's decision in Sentynl Therapeutics, Inc. v. U.S. Specialty Ins. Co.

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.

Events & Seminars

Past Events

2022 Professional Liability Seminar

September 15, 2022 - New York, NY

Recent Developments Concerning Molestation Claims

April 28, 2022 - Baltimore, MD.

In2Risk 2021

September 24, 2021 - Lake Buena Vista, FL

2019 Professional Liability Seminar

October 03, 2019 - New York, NY

2018 Professional Liability Seminar

November 01, 2018 - New York, NY

2017 Professional Liability Seminar

October 12, 2017 - New York, NY

In The News

From Outsider to Insider: Why Do I Share My Journey of Personal Acceptance? Because It Leads to Positive Change

September 12, 2022

Gary L. Gassman wrote the article "Why Do I Share My Journey of Personal Acceptance? Because It Leads to Positive Change" for the September issue of the Claims and Litigation Management Alliance's magazine.

Cozen O’Connor Attorneys Gary Gassman and Josephine Bahn Installed in ABA Chair Roles

August 05, 2022

Gary Gassman and Josephine Bahn, have been installed in ABA Chair Roles.

The Business Insurance Interview with Gary Gassman of Cozen O'Connor

August 03, 2022

Gary Gassman, co-vice chair of the Global Insurance Department, discusses emerging D&O threats and how the hard market is affecting insurance claims disputes.

Cozen O'Connor's Alissa Christopher named Volunteer of the Week by the Human Rights Initiative of North Texas

June 14, 2022

Alissa Christopher, Member of the firm's Global Insurance Department, was recognized as the Volunteer of the Week by the Human Rights Initiative (HRI) of North Texas.

Leading Lawyers Network Recognizes 23 Cozen O’Connor Lawyers as Top Illinois Practitioners

March 02, 2022

The Leading Lawyers Network has named 22 Cozen O’Connor lawyers to its annual list of Illinois’ top practitioners and named one other as an Emerging Lawyer in its 2022 survey results.

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

Co-Vice Chair, Global Insurance Department

ggassman@cozen.com

(312) 474-7994

People

Awards

Leading Lawyers Network Recognizes 23 Cozen O’Connor Lawyers as Top Illinois Practitioners

March 02, 2022

The Leading Lawyers Network has named 22 Cozen O’Connor lawyers to its annual list of Illinois’ top practitioners and named one other as an Emerging Lawyer in its 2022 survey results.

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.

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