May 24, 2024 | New York Law Journal
New York Courts Reject Insurance Companies' Attempts to Recoup Defense CostsRecently, 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 DenialsIn 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
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