Stephanie V. Corrao
Overview
Stephanie V. Corrao is a counsel in the firm's Insurance/Reinsurance Group, where she represents insurers and reinsurers on a range of matters, from providing pre-dispute advice and legal analysis of specific contract provisions and coverage issues to working to resolve complex disputes before courts and arbitrators. Stephanie’s experience centers on difficult coverage issues such as allocation of liability, trigger of coverage, and issues pertaining to excess insurance such as horizontal versus vertical exhaustion. Stephanie also focuses on coverage questions pertaining to cyber risks, such as claims involving business e-mail compromise (BEC), or "spoofing" claims. In addition, she represents clients in a variety of other matters ranging from class action securities litigation to environmental, toxic tort, product liability, and sexual misconduct claims, addressing such issues as an insurer’s defense obligations, conditions of coverage, corporate successorship, and policy exclusions, to name a few. In her counseling practice, Stephanie also assists clients in revising various policy wordings, from policy conditions to exclusionary provisions.
Career & Education
- College of the Holy Cross, B.A., Political Science
- University of Connecticut School of Law, J.D.
- Connecticut
- District of Columbia
- Virginia
Stephanie's Insights
Client Alert | 3 min read | 06.07.24
On June 6, 2024, the United States Supreme Court, in Truck Insurance Exchange v. Kaiser Gypsum Co., Inc., No. 22-1079, unanimously held that an insurer with financial responsibility for bankruptcy claims is a “party in interest” in a Chapter 11 bankruptcy. The Court held the “insurance neutrality doctrine” applied by the courts below was too limited to determine insurer standing. While “insurance neutrality” – preserving insurer rights and defenses under insurance contracts – is important, the doctrine overlooks the myriad ways bankruptcy proceedings and reorganization plans can alter and impair insurer interests.
Client Alert | 3 min read | 11.17.23
Growing Use of Public Nuisance Theories: New York’s Plastics Pollution Claim Against PepsiCo
Client Alert | 4 min read | 02.05.20
Insights
Stephanie's Insights
Client Alert | 3 min read | 06.07.24
On June 6, 2024, the United States Supreme Court, in Truck Insurance Exchange v. Kaiser Gypsum Co., Inc., No. 22-1079, unanimously held that an insurer with financial responsibility for bankruptcy claims is a “party in interest” in a Chapter 11 bankruptcy. The Court held the “insurance neutrality doctrine” applied by the courts below was too limited to determine insurer standing. While “insurance neutrality” – preserving insurer rights and defenses under insurance contracts – is important, the doctrine overlooks the myriad ways bankruptcy proceedings and reorganization plans can alter and impair insurer interests.
Client Alert | 3 min read | 11.17.23
Growing Use of Public Nuisance Theories: New York’s Plastics Pollution Claim Against PepsiCo
Client Alert | 4 min read | 02.05.20
