Professional Liability Insurance Coverage

Recent News:

Cozen O’Connor Recognized as a “Best Law Firm” in 31 Practice Areas Nationwide, 54 Practice Areas Regionally

In 2024, Best Lawyers received more than 100,000 client references and observed a 65% increase in client participation in their survey.

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For over five decades, domestic and international insurers have turned to Cozen O’Connor’s team of highly regarded professional liability coverage attorneys to help with the full gamut of professional liability matters. Our attorneys practice at the cutting edge of this dynamic and high-stakes insurance field, in which potential exposures can be catastrophic and insurance products are constantly changing in response to judicial decisions and market conditions.

We have a deep bench of lawyers who are particularly well known for their work representing insurers with regard to litigation involving the following lines of business: directors and officers, errors and omissions, employment practices liability, and fiduciary liability policies for public and private companies as well as not-for-profit organizations. We have represented insurers in major coverage disputes involving securities fraud, mergers and acquisitions, bankruptcy, ERISA claims, and cybersecurity breaches. We often represent clients in matters involving novel issues, and court decisions rendered in our cases have helped develop the law on professional liability coverage in many jurisdictions, including Delaware.

In addition to relying on us to try cases, our clients frequently turn to our team for assistance with in all aspects of policy drafting and claims handling to minimize the chances of a future dispute. Our attorneys routinely handle coverage analyses, mediations, and settlement negotiations. While our goal is to resolve disputes quickly and amicably, we have significant trial experience and are absolutely prepared to take large coverage cases to verdict when necessary. Our strong reputation for successfully representing our clients in the courtroom is a significant advantage in negotiation and alternative dispute resolution, helping us secure highly favorable outcomes.  

Cozen O’Connor is also distinguished by its geographic scope. With offices in over 32 cities across North America, we have the capability to respond wherever and whenever coverage issues arise and to provide representation by counsel with local experience, knowledge, and relationships. At the same time, clients benefit from the firm’s capabilities as a national, full-service business law firm with a wide range of experience, including in bankruptcy, technology and privacy, and securities law.

Our commitment to the insurance industry and to helping our clients stay abreast of legal developments impacting their business includes the creation and delivery of many sophisticated and impactful training and education programs every year. We host a yearly in-person professional liability group program in New York City as well as monthly webinars, each of which is attended by 1,000 or more insurance industry professionals. We are also frequently invited by major insurers to present in-house on new trends in the law, emerging exposures, and best practices for policy drafting. Moreover, we routinely publish widely read client alerts and articles on the latest issues impacting professional liability coverage, and team members have been profiled in prestigious publications like Business Insurance and Litigation Management Magazine.

In addition to the team’s training and educational initiatives, our attorneys are actively involved and hold leadership roles in many industry organizations, including the highly selective Federation of Defense & Corporate Counsel (FDCC), the American College of Coverage Counsel (ACCC), the Claims and Litigation Management Alliance (CLM), and the American Bar Association’s Tort Trial & Insurance Practice Section (TIPS).

Our unparalleled experience with all facets of professional liability coverage, coupled with our geographic reach, enables Cozen O’Connor to offer clients exceptional service in every jurisdiction in the country at sustainable and reasonable rates.

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Experience

Publications

Cozen O'Connor Adds Insurance Attorneys In LA, Houston

October 17, 2023

Law360 covered the recent expansion to the firm’s insurance litigation practice by adding Julie E. Van Wert, David M. Berke, Jerome P. Doctors, and Rangi Perera in Los Angeles and Christopher Tramonte in Houston.

First Circuit Affirms Insurer’s Denial for Late Notice Under Claims-Made Policy [Alert]

August 16, 2023

The First Circuit rejected the insured’s argument that an insurer’s purported “actual knowledge” of a claim is sufficient to comply with the policy.

How Courts Are Clarifying D&O Policies' Bump-Up Provisions

February 14, 2023

Andrew S. Paliotta wrote the expert analysis column titled, “How Courts Are Clarifying D&O Policies' Bump-Up Provisions” for Law360.

Seventh Circuit Affirms Insurers’ Application of Bump Up Provision to Exclude Coverage [Alert]

January 26, 2023

The U.S. Court of Appeals for the Seventh Circuit affirmed a district court’s holding that a settlement with various shareholder lawsuits met the definition of an “inadequate consideration claim” in a public company D&O policy and did not constitute a covered loss.

Seventh Circuit Affirms Ruling that Notice of Amended Complaint was Untimely [Alert]

November 15, 2022

In R.W. Dunteman, the court rejected the insureds’ arguments as undermining the purpose and ordinary operation of claims-made insurance.

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.

Events & Seminars

Past Events

2024 Professional Liability Seminar

September 26, 2024 - New York, NY

The MCS-90 Endorsement

November 08, 2023 - Webinar

2023 Professional Liability Seminar

September 28, 2023 - New York, NY

TIPS & YLD Section Conference

May 03, 2023 - New York, NY

2022 Professional Liability Seminar

September 15, 2022 - New York, NY

Recent Developments Concerning Molestation Claims

April 28, 2022 - Baltimore, MD.

In The News

Cozen O’Connor Recognized as a “Best Law Firm” in 31 Practice Areas Nationwide, 54 Practice Areas Regionally

November 07, 2024

In 2024, Best Lawyers received more than 100,000 client references and observed a 65% increase in client participation in their survey.

Stephanie Chesney Receives Veterans Legal Services 2024 Outstanding Pro Bono Award

October 03, 2024

BOSTON, October 3, 2024 – Stephanie Chesney, member of Cozen O’Connor’s Global Insurance Department, has been named the recipient of the Veteran Legal Services 2024 Outstanding Pro Bono Award.

Best Lawyers Honors More Than 200 Cozen O'Connor Attorneys in its Best Lawyers in America 2025 Edition

August 15, 2024

Best Lawyers selected 242 Cozen O’Connor lawyers from 24 of the firm’s U.S. offices for inclusion in the 2025 edition of The Best Lawyers in America and Best Lawyers: Ones to Watch in America.

Leading Lawyers Network Recognizes 19 Cozen O’Connor Lawyers as Top Illinois Practitioners

March 05, 2024

Ira Bodenstein, Jack Carriglio, Janet Davis, John Dunn, Mitch Edlund, Wendy Enerson, Gary Gassman, Tia Ghattas, Jeremy Glenn, Erin Bolan Hines, Mark Rabinowitz, Peter Roberts, Brian Shaw, Joseph Tilson, Julie Trester, Peter Valeta, Anna Wermuth, and Brian Williams were recognized as Leading Lawyers, Christina Sanfelippo was recognized as an Emerging Lawyer.

Eleven Cozen O’Connor Attorneys Named 2024 Illinois Super Lawyers

January 29, 2024

The Cozen O’Connor attorneys who have been recognized by their peers in Illinois as Super Lawyers are Jack Carriglio, Janet Davis, Jeremy Glenn, Allen Guon, Peter Roberts, Brian Shaw, Joe Tilson, and Anna Wermuth. Amy Doig, David Doyle, and Corey Hickman were named to this year’s Illinois Rising Stars list. This is Hickman’s first year on the Rising Stars list.

Biggest General Liability Rulings From 2023's Second Half

January 04, 2024

John R. Ewell was quoted in the Law360 article “Biggest General Liability Rulings From 2023's Second Half.” The article discusses thought-provoking rulings in coverage disputes involving some hotly debated issues in the second half of 2023.

Cozen O’Connor Further Expands its Insurance Coverage Practice, Adding Litigators in Los Angeles and Houston

October 16, 2023

Julie E. Van Wert, David M. Berke, Jerome P. Doctors, and Rangi Perera joined in Los Angeles and Christopher Tramonte joined in Houston.

Cozen O’Connor Attorney Gary Gassman recognized among Crain's “Notable Leaders in Diversity, Equity and Inclusion”

October 02, 2023

(Chicago, October 2, 2023) … Cozen O’Connor attorney Gary Gassman, co-vice chair of the firm’s Global Insurance Department and co-chair of its Professional Liability Practice Group, has been recognized by Crain’s Chicago Business as one of its 2023 Notable Leaders in Diversity, Equity & Inclusion.

Business Today Names 32 Cozen O'Connor Attorneys to Its Top 10 Lists

July 28, 2023

These lists recognize lawyers “mastering,” “leading,” “revolutionizing,” and “dominating” their fields in their respective states and nationwide.

42 Cozen O'Connor Attorneys Named Pennsylvania Super Lawyers & Rising Stars

May 24, 2023

Super Lawyers has selected 42 Cozen O'Connor attorneys to the 2023 Pennsylvania Super Lawyers and Rising Stars lists.

Three Cozen O’Connor Attorneys recognized as Crain's Chicago Business 2022 “Notable Gen X Leaders in Law”

December 12, 2022

Three Cozen O’Connor attorneys have been recognized as 2022 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.

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
Regional Manager, Global Insurance Department – Midwest/South

ggassman@cozen.com

(312) 474-7994

People

Awards

Cozen O’Connor Recognized as a “Best Law Firm” in 31 Practice Areas Nationwide, 54 Practice Areas Regionally

November 07, 2024

In 2024, Best Lawyers received more than 100,000 client references and observed a 65% increase in client participation in their survey.

Business Today Names 32 Cozen O'Connor Attorneys to Its Top 10 Lists

July 28, 2023

These lists recognize lawyers “mastering,” “leading,” “revolutionizing,” and “dominating” their fields in their respective states and nationwide.

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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