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18 Feb 2011, 6:54 am
What if the company’s use of social media is poorly thought out and creates holes in their firewall, allowing their e-commerce website to go down? [read post]
11 Aug 2016, 4:57 pm
Many public company D&O insurance policies these days have provisions providing “pre-claim inquiry” coverage. [read post]
16 Aug 2010, 6:30 am
NB: A version of this post was published in a recent e-newsletter. [read post]
9 Apr 2024, 10:43 am
Financially distressed companies often can only obtain D&O insurance coverage on a policy with a bankruptcy or insolvency exclusion precluding coverage for bankruptcy-related claims. [read post]
16 Jun 2014, 12:15 pm
The post Low-Impact Collisions Can Cause Serious Injuries – Even Insurance Companies Agree! [read post]
9 Feb 2016, 4:25 pm
Public company D&O insurance provides coverage for “Securities Claims. [read post]
23 Jul 2010, 5:15 am
Massachusetts Mutual Life Insurance Company v Certain Underwriters At Lloyds , C.A. 4791-VCL (July 23, 2010) This decision holds that insurance in the form of an indemnity bond or a D&O policy may cover losses suffered as a result of the Madoff fraud. [read post]
25 Jun 2009, 10:59 am
Flexsys America L.P. and XL Insurance Company Ltd. (2009 EWHC 1115) Flexsys America is an Ohio Corporation and subsidiary of a global company based in Belgium. [read post]
23 Jan 2018, 6:11 pm
NASDAQ maintained two relevant towers of insurance, a tower of E&O insurance and a tower of D&O insurance. [read post]
20 Jun 2022, 7:29 am
There is even a perception in certain parts of the D&O insurance community that strong ESG credentials makes individual companies better D&O risks. [read post]
19 Jul 2020, 2:53 pm
Impact on the D&O Marketplace The recent spike in the number of confirmed cases and the clear suggestion that the pandemic is going to go on for some time to come has also had an impact on D&O insurance underwriters and on the insurance placement process. [read post]
11 Oct 2023, 7:42 am
Directors and Officers (D&O) Insurance Directors and officers (D&O) liability insurance is another form of necessary coverage for many companies and organizations. [read post]
20 Aug 2014, 3:23 pm
If you’d like a copy of the article, e-mail me. [read post]
5 Aug 2009, 1:33 am
First, preservation requirements begin when a client knew or should have known that a potential claim exists.[3] It begins long before counsel hired by an insurance company is ever contacted. [read post]
18 Mar 2013, 4:50 am
[Note: If you were subscribed to the e-mailed version of TaxQuips, you’d be getting other exciting news and tips by e-mail, that never appear on the site. [read post]
25 Feb 2009, 6:58 am
Gadbois, JD, CPA, Divisional Executive VP, Great American Insurance Company Jane E. [read post]
11 Aug 2015, 4:53 pm
” At the memo’s authors point out, most professional services firms buy both D&O insurance and E&O insurance. [read post]
9 Mar 2013, 7:42 am
These required provisions according to the Texas Insurance Code, generally include: (a) Section 1101.003 says a life insurance policy must provide that the policy or the policy and the application for the policy constitute the entire contract between the parties; (b) Section 1101.004 says all premiums are payable in advance either at the home office of the company or to an agent of the company upon delivery of a receipt signed by one or more of the officers who… [read post]
22 Aug 2022, 9:47 am
” At the NAIC Summer National Meeting, workstreams from the recently adopted regulatory considerations plan were assigned to other NAIC working groups, such as the Risk-Focused Surveillance (E) Working Group and the Group Solvency Issues (E) Working Group to consider proposed actions such as revisions to Forms A, B, and D of the holding company Annual Registration Statement, and more specifically Form D affiliated agreements such as investment… [read post]
5 Jan 2023, 6:28 am
What does E & O insurance cover? [read post]