Jason P Cronic
USA Guide 2024
Band 3 : Insurance: Insurer
Band 3
About
Provided by Jason P Cronic
Practice Areas
Jason represents directors and officers liability insurers and other professional liability insurers in coverage matters before federal and state courts across the country, as well as internationally. Praised by Chambers USA for his “analysis and negotiating abilities” (2015), Jason is “highly thought of for his extensive experience in litigation” and ability to “reach a great solution for you” (2017). He has been recognized since 2007 as one of Washington, DC’s “Leading Lawyers for Business.”
Jason regularly represents insurers’ interests in connection with resolution of complex securities and derivative claims through litigation at both the trial and appellate level. He has particular expertise with respect to coverage issues arising from policyholder bankruptcy and claims asserted on behalf of bankrupt estates, as well as rescission and other affirmative actions taken in defense of insurers’ rights.
While Jason’s litigation experience is extensive, he understands that clients often prefer business-driven solutions that avoid protracted legal battles. To that end, he frequently assists clients in negotiated resolutions of coverage disputes through mediation and other structured work-outs of complex claims.
Jason also assists insurers in drafting and review of policy language, particularly with respect to coverage programs concerning special purpose acquisition companies (SPACs). Additionally, he regularly advises clients with respect to claims arising under fidelity bond and commercial crime policies.
Professional Memberships
Professional Liability Underwriting Society (PLUS)
TIPS Professionals, Officers' and Directors' Liability Committee
Former Co-Chair, Professional Liability Insurance Committee, Tort Trial & Insurance Practice Section, American Bar Association
Chambers Review
USA
Jason Cronic is distinguished for his strength in litigation relating to D&O and professional liability claims. He regularly advises insurers representing companies in the financial services industry.
Strengths
Provided by Chambers
"Jason has an excellent understanding of the business relationships and realities that influence cases."
"Jason has an excellent understanding of the business relationships and realities that influence cases."