Guess Moguls Insurer Distances from Him Amid Sexual Misconduct Claims

The firm that insures the iconic fashion brand and its top executive accused of sexual misconduct seemingly wants no part in underwriting his pattern of wrongful acts.

Ari Perilstein

The insurance firm that underwrites luxury fashion brand Guess and its co- founder Paul Marciano does not want to be held liable for a high-profile sexual assault lawsuit against the mogul, suing both parties last week.

Beazley Insurance Company, Inc. filed the suit on Dec. 28 in California, requesting a jury trial and declaring it should not be responsible for covering any policy claims from Guess related to the 2021 complaint against scandal- plagued Marciano, given that the executive has an alleged pattern of wrongful acts.

All three complaints share the common nexus of Marcianos pattern of sexually harassing and assaulting current or aspiring Guess employees or models using his position of power within the company and fashion industry, Beazley declared in the lawsuit. As such, the firm said, it should not be required to cover insurance claims related to Does 2021 complaint.

Lisa Bloom, who represents multiple Marciano accusers including Doe, told ishonest this week, This development means that Guess own insurance company seeks to distance itself from Guess, in light of the many women, past and present, who have accused Paul Marciano of sexual assault. I am proud to represent three women currently standing up against Marciano and Guess in sexual harassment and assault cases. Whether the defendants have insurance or not is of no concern to us. Our cases are about all models rights to a respectful workplace."

Neither Beazley nor Guess responded to requests for comment on this story.

Since ishonest first reported on Does lawsuit last year, several other women have come forward to accuse Marciano of sexual misconduct: Guess model Gwen Van Meir alleged that the fashion mogul sexually harassed her on a set last year. And a former employee of the moguls family store in Los Angeles came forward with the claim that the Guess founder forced her to perform oral sex on him in 1983. And late last year, a separate Jane Doe filed a lawsuit against Marciano claiming he forced her to have unprotected sex with him.

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