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22 Sep 2009, 2:00 pm
APRA‘s remuneration requirements will also apply to Australian branches of foreign ADIs and eligible foreign life insurance companies. [read post]
25 Mar 2018, 8:10 pm
’s D&O insurance policy did not preclude coverage for the defense costs the company incurred in defending a shareholder suit relating to the company’s preferred stock. [read post]
2 Apr 2019, 2:38 am
What if in the above case, the Company carried only $40 million in D&O insurance? [read post]
2 Jul 2007, 5:50 am
He discusses the Van Gorkom case and the crisis on the D&O insurance market that led to § 102(b)(7)'s passage. [read post]
25 Jun 2024, 4:00 am
Read now » Related Content Mass-Tort Bankruptcies Read this discussion of companies that file bankruptcy to address their mass-tort liabilities. [read post]
Bermuda: New Requirements to Notify the Authority for Changes in Controllers, Directors and Officers
6 Apr 2011, 1:17 am
Class 1, Class 2, Class A and Class B insurers and Special Purpose Insurers must notify the Authority, at the time of filing the company's annual financial statements, of every person who has become or has ceased to be a shareholder, controller or director of the insurer and, where no registered insurance manager has been appointed to manage the affairs of the insurer, a list of every person who has become or has ceased to be an… [read post]
1 Dec 2009, 4:07 pm
A much more valuable weapon against evil insurance companies. [read post]
31 May 2012, 6:00 am
Editor Michael B. [read post]
31 Oct 2013, 6:35 am
As it relates to the use of the term "motor vehicle" in an insurance policy, the 1985, Fort Worth Court of Appeals case, Western Insurance Companies v. [read post]
12 Nov 2022, 7:12 am
Axis Surplus Insurance Company, incorrectly named Axis Surplus Lines Insurance Company, Risk Placement Services, Incorporated; Unidentified Parties; Marsh & McLennan Agency, L.L.C. [read post]
24 Sep 2009, 8:24 am
Everett Cash Mutual Insurance Company vs. [read post]
8 Jul 2010, 10:00 am
A bankruptcy trustee in In re Life Fund 5.1 LLC, Bankruptcy No. 09 B 32672, Adversary No. 10 A 42, 2010 WL 2650024 (Bkrtcy.N.D. [read post]
23 May 2012, 7:19 am
Editor Michael B. [read post]
23 Jan 2022, 1:33 pm
B. [read post]
30 Jun 2014, 5:43 pm
STATE OF FLORIDA, etc., Appellee. 5th District.Insurance -- Fire -- Ordinance or law coverage endorsement -- Provision of ordinance or law endorsement which provided that insurer would not pay for increased cost of construction due to enforcement of ordinance or law unless repairs or replacement are made within two years after loss was a forfeiture provision, and was waived by insurer -- Insurer waived the provision by failing to bring the provision to… [read post]
11 Sep 2010, 7:03 am
Metropolitan Life Insurance Company ("MetLife") both insured and administered the Plan, so that it had an inherent conflict of interest with respect to the Plan. [read post]
20 Feb 2013, 1:27 am
B. [read post]
12 May 2022, 9:01 pm
The CFPB has announced its intention to invoke its “dormant” statutory authority to examine any company providing consumer financial products or services that it has “reasonable cause” to believe poses risks to consumers.1 The authority the CFPB is referring to is a catch-all provision in Title X of the Dodd-Frank Act that can capture a wide range of companies that offer consumer financial products or services to individuals as well as affiliates that… [read post]
21 Nov 2013, 5:30 am
” Author Michael B. [read post]
23 Sep 2013, 7:48 am
Author Michael B. [read post]
