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2 Mar 2012, 8:45 am by Leila Rafi
Side B coverage will ensure that you are reimbursed for any indemnification payments you are obligated to make to the former D&O. [read post]
27 Jan 2019, 5:02 pm by Kevin LaCroix
The fact is that transactions in securities are a frequent source of D&O claims. [read post]
9 May 2017, 4:52 pm by Kevin LaCroix
The traditional D&O insurance policies have three insuring agreements, denominated Side A, Side B, and Side C. [read post]
11 Oct 2022, 7:16 am by Kevin LaCroix
  Amendment’s Effect on D&O Insurance  Much as concern about the price and availability of D&O insurance led to the introduction of director exculpation under Section 102(b)(7), the addition of officers to the scope of exculpation was designed to address rising D&O rates and increases in the amount and cost of litigation against officers and directors. [read post]
4 Sep 2018, 3:35 pm by Kevin LaCroix
Once again, there are a host of things worth watching in the world of D&O. [read post]
19 Aug 2011, 1:57 am by Kevin LaCroix
As I have discussed in prior posts (most recently here), the question of whether or not a subpoena is a claim is one of the perennial D&O insurance coverage issues. [read post]
29 Jan 2018, 12:42 pm by Colby Pastre
A business that grosses $125,000 has no B&O tax liability. [read post]
8 Jan 2023, 6:42 am by Kevin LaCroix
However, with respect to Side B coverage, it is important to note that in the D&O insurance market for SPACs that prevailed from, say, the middle of 2020 to the present, most SPAC D&O policies were written with self-insured retentions of as much as $10 million or more. [read post]
24 Apr 2014, 4:21 am by Kevin LaCroix
As those involved in D&O Insurance claims well know, a recurring D&O insurance problem is the question of whether or not the D&O insurer for a bankrupt company can pay the costs of the bankrupt company’s former directors and officers incurred in defending claims against them. [read post]
23 Jul 2010, 2:36 am by Kevin LaCroix
The D&O insurance policy’s provision for reimbursement of a company’s indemnification obligations is referred to as Side B coverage. [read post]
22 Feb 2016, 4:36 pm by Kevin LaCroix
After attending the PLUS D&O Symposium  some years ago, several colleagues at Partner Re thought it might be worthwhile to provide D&O insurance professionals with historical overview of the evolution of Directors and Officers insurance (D&O) in the US marketplace. [read post]
29 Apr 2019, 1:07 am by Kevin LaCroix
  “In D&O policies, there is generally no duty to d [read post]
22 Apr 2020, 3:00 pm by Kevin LaCroix
Why should D&O insurers not be willing to cover this risk? [read post]
9 May 2014, 8:01 pm by Douglas
Cristo, aliás, dá muita atenção à cobiça. [read post]
14 Sep 2020, 2:30 pm by Kevin LaCroix
D&O bankruptcy claims pose unique risks and challenges to D&O professionals for several reasons, not the least of which is that the interplay between bankruptcy law and procedure, on the one hand, and D&O coverage obligations, on the other, can become confusing. [read post]
22 Jan 2014, 1:33 am by Kevin LaCroix
It is excess Side A coverage above the company’s traditional D&O tower (which itself has Side A coverage, Side B Company Reimbursement Coverage, and Side C Corporate Entity coverage imbedded therein). [read post]