NY Times

Whoa! Who Is Paying Bill Cosby’s Mounting Legal Expenses? Report Says His Homeowners Insurance!

Mar 14, 2016  •  Post A Comment

Comedian Bill Cosby has been racking up legal expenses lately, especially defending himself against defamation claims filed by 10 women in three states in connection with sexual assault allegations against Cosby. Now The New York Times reports that Cosby is using his homeowners’ insurance to pay the fees — and his insurer isn’t happy about it.

“Mr. Cosby’s insurer, American International Group, better known as A.I.G., has gone to court to deny him coverage, arguing, among other things, that it should not have to cover claims that arose from alleged acts of sexual misconduct,” The Times reports. “But so far, Mr. Cosby is winning.”

The report notes that Cosby is among many wealthy people who have bolstered their insurance coverage to add protection in the event that they’re sued. And Judge Beverly Reid O’Connell of Federal District Court in Los Angeles ruled in his favor back in November, saying: “The court finds that plaintiff has a duty to defend.”

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