Profile

Raymond A. Mascia Jr. is a shareholder in Anderson Kill’s New York office and co-chairs the firm's Financial Services group. Ray represents corporate and governmental policyholders in all types of insurance recovery matters, including matters involving D&O coverage, professional liability coverage, general liability coverage, environmental and asbestos claims, commercial crime insurance, and first-party property and business interruption losses arising from natural disasters and other perils. Over the course of his career, Ray has recovered hundreds of millions of dollars in insurance proceeds for policyholders. He is also a member of the firm's Insurance Recovery and COVID Task Groups.

The Legal 500 United States has recognized Ray as a Next Generation Partner since 2020, as well as a Rising Star in 2019. In 2020, Law360 also recognized Ray as a Rising Star (Insurance), recognizing “attorneys under 40 whose legal accomplishments transcend their age.”

Ray regularly writes on insurance topics and is a frequent lecturer on insurance coverage issues nationwide, including at insurance conferences and meetings convened by the Risk and Insurance Management Society and the New York City Bar Association.

Ray also has made significant contributions to public service during his career. He left the firm briefly in 2013 to serve a two-year clerkship for the Honorable Joanna Seybert of the U.S. District Court for the Eastern District of New York. Prior to joining the firm, he served as a judicial intern to the Honorable A. Kathleen Tomlinson of the U.S. District Court for the Eastern District of New York and the Honorable Daniel A. Angiolillo of the New York Appellate Division, Second Department.

During law school, Ray served as Editor-in-Chief of both the St. John’s Law Review and the Journal of Catholic Legal Studies. Ray graduated on the Dean’s List and received the Chief Judge Edward D. Re Commencement Prize for outstanding scholarship and service to the law school.

Memberships

New York City Bar Association
Committee Member, Insurance Law Committee

Experience

INSURANCE COVERAGE

Directors & Officers

  • Represented private equity fund and individual insureds in insurance coverage dispute involving so-called “uninsurability” and “disgorgement” defenses.
  • Represented pharmaceutical company and individual insureds regarding insurance coverage for federal securities lawsuit.
  • Represented director of software provider regarding insurance coverage for defense costs for federal securities lawsuit.
  • Represented pharmaceutical company and individual insureds regarding insurance coverage for underlying personal injury action.

Environmental and Asbestos Liabilities

  • Obtained final judgment order that policyholder was entitled to recover attorneys’ fees and expenses incurred in successfully defending against AIG’s lawsuit attempting to free itself from its policy obligations. Am. Home Assur. Co. v. Port of Auth. of N.Y. & N.J., No. 651620/2012, 2019 WL 3501562 2019 (N.Y. Sup. Ct. N.Y. Cnty. 2019).
  • Obtained summary judgment and appellate court order holding that insurance policy is triggered for asbestos personal injuries if the injuries arise out of construction operations at the original World Trade Center-Hudson Tubes Project regardless of when the injury became apparent; that all asbestos personal injuries arising out of fireproofing installation were not a single occurrence; and that AIG must continue to defend the entirety of asbestos personal injury claims. Am. Home Assurance Co. v. Port Auth. of N.Y. & N.J., No. 651620/2012, 2017 WL 5890776 (N.Y. Sup. Ct. N.Y. Cnty. 2017), aff’d, 166 A.D.3d 464 (1st Dep’t 2018).
  • In an issue of first impression under Oregon law, obtained summary judgment that the “sudden and accidental” exception to the pollution exclusion is evaluated from the perspective of the policyholder (as distinct from the intent and expectations of an uninsured third party who may have caused the release of a contaminant). Siltronic Corp. v. Emp’s Ins. Co.of Wausau, et al., No. 3:2011-cv-01493 (D. Or. 2018).
  • Obtained summary judgment that the duty to defend extends to an entire complaint alleging covered claims notwithstanding allegations of injury at uncovered locations. Am. Home Assurance Co. v. Port Auth. of N.Y. & N.J., No. 651096/2012, 2013 WL 4734501 (N.Y. Sup. Ct. N.Y. Cnty. 2013).

Property Insurance

  • Represented retail chain regarding insurance coverage for business interruption losses arising out of Hurricane Harvey.
  • Represented energy company in litigation concerning coverage for property damage and business interruption.
  • Represented general contractor in litigation concerning insurance coverage for property damage and delay in opening coverage under builder’s risk insurance policy.

Speaking Engagements

21st Annual Directors & Officers Liability Insurance Conference

Anderson Kill / December 7, 2023

ANDERSON KILL’S 20TH ANNUAL DIRECTOR’S & OFFICER’S INSURANCE WEBINAR “D&O ISSUES IN ESG AND RECENT CASE LAW DEVELOPMENTS”

December 7, 2022

Update on U.S. Securities Litigation and Coverage Considerations

New York City Bar / June 17, 2022

New Developments in Environmental and Asbestos Insurance Coverage

Anderson Kill / February 11, 2021

Emerging Legal issues in Insurance Risk Management Webinar

RIMS Minnesota Chapter / February 15, 2021

STATE OF THE MARKET, THE BROKERS’ PERSPECTIVE

Anderson Kill's 23rd Annual Policyholder Advisor Conference / November 6, 2019

ANDERSON KILL’S 17TH ANNUAL D&O CONFERENCE “INSURANCE FOR TECHNOLOGY, CULTURAL CHANGE AND SECURITIES CLAIMS”

Anderson Kill / June 13, 2019

Primer on D&O Liability Exposures and Insurance Coverages

New York City Bar Association / May 7, 2019

Insurer’s Duty to Indemnify: Scope, Burden of Proof and Evidentiary Considerations

Strafford Publications / May 1, 2019

Swipe Right on Insurance: Risk and Coverage Implications or Mobile Apps and Social Media Platforms- RIMS Southern Alberta

RIMS Southern Alberta Chapter / November 1, 2018

SWIPE RIGHT ON INSURANCE: RISK AND COVERAGE IMPLICATIONS OR MOBILE APPS AND SOCIAL MEDIA PLATFORMS- RIMS Oregon

RIMS Oregon Chapter / October 18, 2018

Publications

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

New York Law Journal / May 24, 2024

SC Ruling Reinforces All Sums Coverage Trend

Law360 / March 27, 2024

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

New York Law Journal / October 1, 2023

CLAIMS RELATED TO SPECIAL PURPOSE ACQUISITION COMPANY AND D&O INSURANCE FACE INCREASED INSURER SCRUTINY

American Bar Association (ABA) / September 30, 2021

COURTS ADDRESS ALL SUMS COVERAGE ALLOCATION DEBATE

Risk Management Magazine / March 28, 2019

PRECLUDING THE EXCLUSION: WASHINGTON STATE’S HIGH COURT APPLIES THE EFFICIENT PROXIMATE CAUSE RULE IN LIABILITY COVERAGE DISPUTE

Policyholder Advisor & Alert / June 30, 2017

PRECLUDING THE EXCLUSION: WASHINGTON STATE’S HIGH COURT APPLIES THE EFFICIENT PROXIMATE CAUSE RULE IN LIABILITY COVERAGE DISPUTE

Policyholder Advisor & Alert / June 30, 2017

KEEPING CAUSE-RELATED MARKETING IN THE WINNER’S CIRCLE

Metropolitan Corporate Counsel / May 29, 2012

NEW SEC SETTLEMENT POLICY – IMPLICATIONS FOR YOUR D&O COVERAGE

Policyholder Advisor & Alert / February 2, 2012

FIVE PRACTICAL TIPS FOR MAXIMIZING YOUR D&O INSURANCE COVERAGE IN THE WAKE OF THE GREAT RECESSION

Corporate Counsel / December 14, 2010

PROTECTING D&O INSURANCE IN TOUGH ECONOMIC TIMES

Law360 / January 12, 2010

PROTECTING D&O INSURANCE DURING DIFFICULT ECONOMIC TIMES

Policyholder Advisor & Alert / December 22, 2009

News

Ninth Circuit Could Expand Reach of Insurers’ Pollution Exclusion

November 9, 2023

Anderson Kill Appoints Raymond A. Mascia, Jr. Co-Chair of the firm’s Financial Services Group

July 6, 2023

Biggest Specialty Lines Cases From the First Half of 2023

June 27, 2023

Towers Watson Reversal Bolsters Bump-Up Exclusions

May 10, 2023

Crypto Winter Raises Host of D&O Coverage Issues

February 10, 2023

Second Circuit Seals Insurer’s Win in $4.6M Asbestos Displute

January 30, 2023

Stillwater Ruling Adds Nuance to Delaware D&O Disputes

January 20, 2023

Second Circuit to Consider Shipper’s Lost Policy Dispute

January 10, 2023

D&O Insurance Cases to Watch in 2023

January 2, 2023

Businesses advised to review D&O, other policies for ESG risk

December 8, 2022

Ceradyne Ruling Adds Wrinkle To Bump-Up Exclusion Fight

November 10, 2022

Biggest Specialty Lines Rulings In The First Half of 2022

July 8, 2022

The Legal 500 2022 Ranks Anderson Kill a Tier 1 Insurance Recovery Practice

June 8, 2022

Del. Jarden Ruling Does Not End Appraisal Coverage Fight

March 24, 2022

Legal 500 Recognizes Anderson Kill’s Insurance Recovery Group as a Top-Tier Practice for Fifteenth Consecutive Year

June 9, 2021

Raymond A. Mascia, Jr. Named a Breakout Award Winner by Business Insurance

June 3, 2021

Super Lawyers Recognizes 18 Anderson Kill Attorneys in 2020

October 21, 2020

Rising Star: Anderson Kill’s Raymond A. Mascia Jr.

July 10, 2020

Anderson Kill Shareholder Raymond A. Mascia Jr. Named a Rising Star in Insurance by Law360

July 7, 2020

LEGAL 500 RECOGNIZES ANDERSON KILL’S INSURANCE RECOVERY GROUP AS A TOP-TIER PRACTICE FOR FOURTEENTH YEAR RUNNING

June 17, 2020

The Legal 500 Recognizes Anderson Kill’s Insurance Recovery Group for the 13th Consecutive Year

June 11, 2019

Anderson Kill Promotes Two Insurance Recovery Attorneys to Shareholder

January 10, 2019

AIG Must Cover Port Authority Asbestos Claims, Court Affirms

November 15, 2018

AIG Unit On Hook for Port Authority Asbestos Claims: Judge

November 29, 2017

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Raymond A. Mascia Jr.

Shareholder , New York

Profile

Raymond A. Mascia Jr. is a shareholder in Anderson Kill’s New York office and co-chairs the firm's Financial Services group. Ray represents corporate and governmental policyholders in all types of insurance recovery matters, including matters involving D&O coverage, professional liability coverage, general liability coverage, environmental and asbestos claims, commercial crime insurance, and first-party property and business interruption losses arising from natural disasters and other perils. Over the course of his career, Ray has recovered hundreds of millions of dollars in insurance proceeds for policyholders. He is also a member of the firm's Insurance Recovery and COVID Task Groups.

The Legal 500 United States has recognized Ray as a Next Generation Partner since 2020, as well as a Rising Star in 2019. In 2020, Law360 also recognized Ray as a Rising Star (Insurance), recognizing “attorneys under 40 whose legal accomplishments transcend their age.”

Ray regularly writes on insurance topics and is a frequent lecturer on insurance coverage issues nationwide, including at insurance conferences and meetings convened by the Risk and Insurance Management Society and the New York City Bar Association.

Ray also has made significant contributions to public service during his career. He left the firm briefly in 2013 to serve a two-year clerkship for the Honorable Joanna Seybert of the U.S. District Court for the Eastern District of New York. Prior to joining the firm, he served as a judicial intern to the Honorable A. Kathleen Tomlinson of the U.S. District Court for the Eastern District of New York and the Honorable Daniel A. Angiolillo of the New York Appellate Division, Second Department.

During law school, Ray served as Editor-in-Chief of both the St. John’s Law Review and the Journal of Catholic Legal Studies. Ray graduated on the Dean’s List and received the Chief Judge Edward D. Re Commencement Prize for outstanding scholarship and service to the law school.

Memberships

New York City Bar Association
Committee Member, Insurance Law Committee

Experience

INSURANCE COVERAGE

Directors & Officers

  • Represented private equity fund and individual insureds in insurance coverage dispute involving so-called “uninsurability” and “disgorgement” defenses.
  • Represented pharmaceutical company and individual insureds regarding insurance coverage for federal securities lawsuit.
  • Represented director of software provider regarding insurance coverage for defense costs for federal securities lawsuit.
  • Represented pharmaceutical company and individual insureds regarding insurance coverage for underlying personal injury action.

Environmental and Asbestos Liabilities

  • Obtained final judgment order that policyholder was entitled to recover attorneys’ fees and expenses incurred in successfully defending against AIG’s lawsuit attempting to free itself from its policy obligations. Am. Home Assur. Co. v. Port of Auth. of N.Y. & N.J., No. 651620/2012, 2019 WL 3501562 2019 (N.Y. Sup. Ct. N.Y. Cnty. 2019).
  • Obtained summary judgment and appellate court order holding that insurance policy is triggered for asbestos personal injuries if the injuries arise out of construction operations at the original World Trade Center-Hudson Tubes Project regardless of when the injury became apparent; that all asbestos personal injuries arising out of fireproofing installation were not a single occurrence; and that AIG must continue to defend the entirety of asbestos personal injury claims. Am. Home Assurance Co. v. Port Auth. of N.Y. & N.J., No. 651620/2012, 2017 WL 5890776 (N.Y. Sup. Ct. N.Y. Cnty. 2017), aff’d, 166 A.D.3d 464 (1st Dep’t 2018).
  • In an issue of first impression under Oregon law, obtained summary judgment that the “sudden and accidental” exception to the pollution exclusion is evaluated from the perspective of the policyholder (as distinct from the intent and expectations of an uninsured third party who may have caused the release of a contaminant). Siltronic Corp. v. Emp’s Ins. Co.of Wausau, et al., No. 3:2011-cv-01493 (D. Or. 2018).
  • Obtained summary judgment that the duty to defend extends to an entire complaint alleging covered claims notwithstanding allegations of injury at uncovered locations. Am. Home Assurance Co. v. Port Auth. of N.Y. & N.J., No. 651096/2012, 2013 WL 4734501 (N.Y. Sup. Ct. N.Y. Cnty. 2013).

Property Insurance

  • Represented retail chain regarding insurance coverage for business interruption losses arising out of Hurricane Harvey.
  • Represented energy company in litigation concerning coverage for property damage and business interruption.
  • Represented general contractor in litigation concerning insurance coverage for property damage and delay in opening coverage under builder’s risk insurance policy.

Speaking Engagements

21st Annual Directors & Officers Liability Insurance Conference

Anderson Kill / December 7, 2023

ANDERSON KILL’S 20TH ANNUAL DIRECTOR’S & OFFICER’S INSURANCE WEBINAR “D&O ISSUES IN ESG AND RECENT CASE LAW DEVELOPMENTS”

December 7, 2022

Update on U.S. Securities Litigation and Coverage Considerations

New York City Bar / June 17, 2022

New Developments in Environmental and Asbestos Insurance Coverage

Anderson Kill / February 23, 2021

Emerging Legal issues in Insurance Risk Management Webinar

RIMS Minnesota Chapter / February 15, 2021

STATE OF THE MARKET, THE BROKERS’ PERSPECTIVE

Anderson Kill's 23rd Annual Policyholder Advisor Conference / November 6, 2019

ANDERSON KILL’S 17TH ANNUAL D&O CONFERENCE “INSURANCE FOR TECHNOLOGY, CULTURAL CHANGE AND SECURITIES CLAIMS”

Anderson Kill / June 13, 2019

Primer on D&O Liability Exposures and Insurance Coverages

New York City Bar Association / May 7, 2019

Insurer’s Duty to Indemnify: Scope, Burden of Proof and Evidentiary Considerations

Strafford Publications / May 1, 2019

Swipe Right on Insurance: Risk and Coverage Implications or Mobile Apps and Social Media Platforms- RIMS Southern Alberta

RIMS Southern Alberta Chapter / November 1, 2018

SWIPE RIGHT ON INSURANCE: RISK AND COVERAGE IMPLICATIONS OR MOBILE APPS AND SOCIAL MEDIA PLATFORMS- RIMS Oregon

RIMS Oregon Chapter / October 18, 2018

Publications

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

New York Law Journal / May 24, 2024

SC Ruling Reinforces All Sums Coverage Trend

Law360 / March 27, 2024

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

New York Law Journal / October 1, 2023

CLAIMS RELATED TO SPECIAL PURPOSE ACQUISITION COMPANY AND D&O INSURANCE FACE INCREASED INSURER SCRUTINY

American Bar Association (ABA) / September 30, 2021

COURTS ADDRESS ALL SUMS COVERAGE ALLOCATION DEBATE

Risk Management Magazine / March 28, 2019

PRECLUDING THE EXCLUSION: WASHINGTON STATE’S HIGH COURT APPLIES THE EFFICIENT PROXIMATE CAUSE RULE IN LIABILITY COVERAGE DISPUTE

Policyholder Advisor & Alert / June 30, 2017

PRECLUDING THE EXCLUSION: WASHINGTON STATE’S HIGH COURT APPLIES THE EFFICIENT PROXIMATE CAUSE RULE IN LIABILITY COVERAGE DISPUTE

Policyholder Advisor & Alert / June 30, 2017

KEEPING CAUSE-RELATED MARKETING IN THE WINNER’S CIRCLE

Metropolitan Corporate Counsel / May 29, 2012

NEW SEC SETTLEMENT POLICY – IMPLICATIONS FOR YOUR D&O COVERAGE

Policyholder Advisor & Alert / February 2, 2012

FIVE PRACTICAL TIPS FOR MAXIMIZING YOUR D&O INSURANCE COVERAGE IN THE WAKE OF THE GREAT RECESSION

Corporate Counsel / December 14, 2010

PROTECTING D&O INSURANCE IN TOUGH ECONOMIC TIMES

Law360 / January 12, 2010

PROTECTING D&O INSURANCE DURING DIFFICULT ECONOMIC TIMES

Policyholder Advisor & Alert / December 22, 2009

News

Ninth Circuit Could Expand Reach of Insurers’ Pollution Exclusion

November 9, 2023

Anderson Kill Appoints Raymond A. Mascia, Jr. Co-Chair of the firm’s Financial Services Group

July 6, 2023

Biggest Specialty Lines Cases From the First Half of 2023

June 27, 2023

Towers Watson Reversal Bolsters Bump-Up Exclusions

May 10, 2023

Crypto Winter Raises Host of D&O Coverage Issues

February 10, 2023

Second Circuit Seals Insurer’s Win in $4.6M Asbestos Displute

January 30, 2023

Stillwater Ruling Adds Nuance to Delaware D&O Disputes

January 20, 2023

Second Circuit to Consider Shipper’s Lost Policy Dispute

January 10, 2023

D&O Insurance Cases to Watch in 2023

January 2, 2023

Businesses advised to review D&O, other policies for ESG risk

December 8, 2022

Ceradyne Ruling Adds Wrinkle To Bump-Up Exclusion Fight

November 10, 2022

Biggest Specialty Lines Rulings In The First Half of 2022

July 8, 2022

The Legal 500 2022 Ranks Anderson Kill a Tier 1 Insurance Recovery Practice

June 8, 2022

Del. Jarden Ruling Does Not End Appraisal Coverage Fight

March 24, 2022

Legal 500 Recognizes Anderson Kill’s Insurance Recovery Group as a Top-Tier Practice for Fifteenth Consecutive Year

June 9, 2021

Raymond A. Mascia, Jr. Named a Breakout Award Winner by Business Insurance

June 3, 2021

Super Lawyers Recognizes 18 Anderson Kill Attorneys in 2020

October 21, 2020

Rising Star: Anderson Kill’s Raymond A. Mascia Jr.

July 10, 2020

Anderson Kill Shareholder Raymond A. Mascia Jr. Named a Rising Star in Insurance by Law360

July 7, 2020

LEGAL 500 RECOGNIZES ANDERSON KILL’S INSURANCE RECOVERY GROUP AS A TOP-TIER PRACTICE FOR FOURTEENTH YEAR RUNNING

June 17, 2020

The Legal 500 Recognizes Anderson Kill’s Insurance Recovery Group for the 13th Consecutive Year

June 11, 2019

Anderson Kill Promotes Two Insurance Recovery Attorneys to Shareholder

January 10, 2019

AIG Must Cover Port Authority Asbestos Claims, Court Affirms

November 15, 2018

AIG Unit On Hook for Port Authority Asbestos Claims: Judge

November 29, 2017

Awards & Honors
  • The Legal 500 USA: Next Generation Partner since 2020
  • The Legal 500 USA: Rising Star 2019
  • Law360: Rising Star (Insurance) 2020
  • Recipient: Chief Judge Edward D. Re Commencement Prize 2009
Education
  • St. John’s University School of Law, J.D. (Dean's List, St. John's Law Review Editor-in-Chief)
  • Boston College, B.A.
Bar Admissions
  • New York
Court Admissions
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Eastern District of New York
Industry Group

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