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20 Feb 2023, 7:30 am
§ 5-401.1(d), you can file a lawsuit against an at-fault party as long as they were not a party to the original settlement offer from the insurance company. [read post]
13 Oct 2022, 1:55 pm
In the following guest post, Nessim Mezrahi and Stephen Sigrist take a look at the challenging factors the D&O insurers are facing and consider the implications. [read post]
1 Dec 2021, 1:29 pm
As a result of that trend, the stakes are high for D&O insurers as well as pharmaceutical companies seeking to purchase D&O coverage. [read post]
1 Sep 2017, 9:52 am
The D&O policy can now be expanded to address this). [read post]
1 Sep 2017, 9:52 am
The D&O policy can now be expanded to address this). [read post]
29 Oct 2019, 1:32 pm
This blog post will provide a brief summary of spinoff transactions and will highlight certain insurance-related considerations that practitioners, boards of directors and insurers should consider as they navigate their way through a spinoff transaction.[1] Background In a typical spinoff transaction a public company (Parent) creates a subsidiary (SpinCo) and contributes to it assets and liabilities. [read post]
27 Oct 2023, 11:47 am
Metropolitan Life Insurance Company, 647 F.Supp.3d 1028 (D. [read post]
15 Apr 2020, 3:16 pm
” We outline below a number of D&O insurance issues companies should be focusing on now. [read post]
1 Oct 2014, 8:44 pm
This post was contributed by Paul D. [read post]
15 May 2008, 12:18 pm
When the Insurance Commissioner can hold premium increases hostage, the insurance companies must pay homage to him. [read post]
21 Jan 2018, 3:11 pm
More recently the company has gone through some high-profile struggles, drawing questions for the company’s management – and as discussed below, attracting securities class action litigation as well. [read post]
7 Sep 2020, 2:06 pm
The question is whether we will see more litigation in the months ahead as the economic and financial impact of the pandemic continue to ripple through the economy. [read post]
6 Apr 2007, 12:44 pm
I'd like to know how many of these are supposedly out there, I've not run into any. [read post]
7 Jan 2019, 2:35 pm
The significantly elevated level of securities class action activity is a serious problem both for publicly traded companies and for their insurers. [read post]
5 Apr 2021, 2:00 pm
D&O insurance The rise of SPACs in the US has led to a significant increase in demand for specialised D&O insurance. [read post]
15 Apr 2016, 10:46 am
On April 11, 2016, the Fourth Circuit Court of Appeals upheld a ruling by the Eastern District of Virginia that two Commercial General Liability (“CGL”) insurance policies required an insurer cover the defense of a medical records company in a class-action claim relating to alleged failure to secure patients’ medical records.[1] The Class Action and the Coverage Dispute On April 18, 2013, a class action was filed in state court in New York, alleging that… [read post]
3 Apr 2015, 8:56 am
Let’s insure asbestos companies. [read post]
30 May 2019, 6:25 am
Sellers that are or have been subject to CIAs also demonstrate a particular resilience going through the process and coming out the other side. [read post]
23 Oct 2009, 3:15 pm
And how can you sue the insurance company? [read post]
10 Jul 2014, 4:40 am
Another complaint filed in January alleges that Olympia Medical Center in Los Angeles was part of a criminal enterprise designed to defraud insurance companies through the use of phony implants, in violation of the Racketeer Influenced and Corrupt Organizations Act.Drobot and Pacific Hospital are not named as defendants in the latest cases. [read post]
