Raymond A Mascia Jr

Raymond A Mascia Jr

May 24, 2024 | New York Law Journal

New York Courts Reject Insurance Companies' Attempts to Recoup Defense Costs

Recently, several New York courts have held that an insurance company has no right to recoup defense costs where the insurance policy includes a duty to defend, but does not include an express contractual provision allowing for recoupment.

By Raymond A. Mascia Jr. and William G. Passannante

9 minute read

October 01, 2023 | New York Law Journal

Bumping the Bump-Up Exclusion: A Policyholder's Guide to Resisting Improper Coverage Denials

In the authors' experience, insurance companies interpret the bump-up exclusion far too broadly and beyond the insurance industry's purported intent behind the exclusion. D&O policyholders should be prepared to resist such coverage denials.

By William G. Passannante and Raymond A. Mascia Jr.

12 minute read