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22 Dec 2011, 12:01 am by Kevin LaCroix
The agreement calls for the company and its D&O insurance carriers to pay a total of $79 million, of which the company’s portion is approximately $10.75 million. [read post]
19 Jul 2013, 1:27 am by Kevin LaCroix
Smaller companies don’t always have personnel focused on insurance issues. [read post]
14 Jan 2019, 3:08 pm by Kevin LaCroix
In Beazley, the insured had coverage under D&O and E&O policies. [read post]
27 May 2015, 4:33 pm by Kevin LaCroix
  The purpose of a professional services exclusion in a D&O insurance policy is to align the various coverages in the policyholders’ liability insurance program, so that the D&O policy does not apply to claims that the policyholder’s E&O insurance policy. [read post]
30 Sep 2014, 7:23 am by Mark S. Humphreys
EXCLUSION--INSPECTION, APPRAISAL AND SURVEY COMPANIES This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART ... . [read post]
12 Jun 2022, 2:20 pm by Kevin LaCroix
  I think about these kinds of things when I see various assertions in the insurance industry press (or at least in the advertisements published in the industry press) about how companies that can demonstrate supposed SEC credentials can hope to achieve better D&O insurance underwriting results. [read post]
4 Jan 2012, 12:33 am by Kevin LaCroix
Indeed, a number of the recent settlements will be funded entirely or almost entirely by D&O insurance, including the D&O portion of the WaMu settlement, the Colonial Bank settlement, the E*Trade settlement and the Lehman Brothers executives’ settlement. [read post]
5 Nov 2019, 3:29 pm by Peter M. Gillon
In an important decision in the world of professional liability (including D&O and E&O policies), the Seventh Circuit recently held that a “contractual liability” exclusion—i.e., an exclusion for claims “based upon or arising out of … breach of contract”—when inserted in a professional liability policy, that is, a policy intended to insure professionals for services they perform under contract, renders the coverage… [read post]
19 Apr 2012, 7:21 pm
Section 145 in that Chapter provides for definitions:(a) authorised insurer, (b) certificate of insurance, (c) liability, (d) policy of insurance, (e) property, (f) reciprocating country and (g) third party.9. [read post]
12 Feb 2012, 4:00 am by Wystan M. Ackerman
E-Subro Hub significantly streamlines the process by enabling users to electronically send and receive subrogation demands, attach supporting documents, manage subrogation claims and electronically file inter-company arbitration where necessary. [read post]
19 Mar 2012, 5:40 am by Nicholas J. Wagoner
” According to a study published in the Insurance Journal back in 2005 (here), the average U.S. company at any given time “balances a docket of 37 U.S. lawsuits. [read post]
22 Aug 2011, 5:00 am by Wystan M. Ackerman
   If anyone has further thoughts about additional considerations I haven’t addressed on this issue, I’d be interested to hear them by e-mail. [read post]
2 Dec 2019, 2:31 pm by Kevin LaCroix
The profitability picture is less rosy for excess D&O insurers, where rates have been driven down as much as 80% in the past several years. [read post]
7 Sep 2007, 10:43 am
Cox. an 11-page opinion, Judge Darden writes:State Farm Mutual Automobile Insurance Company ("State Farm") appeals the order awarding to its insured, Troy D. [read post]