Search for: "Delaware Professional Insurance Company"
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5 Feb 2020, 8:54 am
A similar issue arose in a Delaware case styled, IDT Corp. v. [read post]
23 Aug 2017, 12:31 pm
Fourth, if a company is required to notify more than 500 Delawareans of a security breach, the company will also be required to provide notification of the breach to the Delaware attorney general. [read post]
9 Aug 2023, 10:26 am
Grace & Company, Inc., take a look at the recent Delaware Duty of Oversight decisions and consider their implications. [read post]
4 Jun 2019, 7:19 pm
Concluding Note: This case involves a lengthy procedural history of prolonged litigation by the Delaware insurance commissioner due to financial improprieties by the controlling stockholder of the insurance company that was forced into a receivership by the insurance commissioner. [read post]
20 Nov 2009, 1:56 am
Pop quiz: the law of which jurisdiction should govern a coverage dispute arising under D&O insurance policies issued by U.S-domiciled insurers to an NYSE company incorporated in Delaware with its headquarters in Oregon? [read post]
16 Dec 2018, 2:14 pm
In a recent coverage decision, the Delaware Superior Court, applying Delaware law, held that AR Capital, an additional named insured under the D&O insurance program of VEREIT, was entitled to have its costs of defending the underlying claims advanced under the program. [read post]
8 Nov 2021, 11:52 am
Ace American Insurance Company, an August 21, 2021 decision of the Delaware Superior Court, applying Delaware law (a copy of the Guaranteed Rate decision can be found here); and Astellas US Holding, Inc. v. [read post]
5 May 2008, 7:20 pm
Speakers’ Corner: On May 6, 2008, I will be in Montreal, Quebec, participating in a panel sponsored by the Canadian Chapter of the Professional Liability Underwriting Society (PLUS). [read post]
2 Jun 2020, 4:30 pm
Oklahoma: On June 2, the Oklahoma Department of Insurance issued a special notice to Oklahoma Insurance Professionals urging temporary licensees to schedule an exam with Prometric as soon as possible as testing ability has returned to full capacity. [read post]
3 Aug 2023, 2:31 pm
We have seen insurers invoke many additional exclusions to deny coverage: professional services, terrorism, intellectual property, and war, to name a few. [read post]
22 Jan 2014, 1:33 am
A judgment against a Director that he or she committed “bad faith” under Delaware Law also is non-indemnifiable (and also is outside of Delaware’s raincoat provisions). [read post]
3 Jun 2013, 1:24 am
Thus, a company can look to a competitor in its space, or at its size, to determine what type and level of D&O insurance comparable companies have purchased. [read post]
24 Mar 2020, 12:29 pm
As an essential activity/business, insurance companies are exempt from the order. [read post]
5 Oct 2018, 2:03 pm
This prevents any holdouts from occurring and sweeps clear the “little guys” who buyers often do not want in the company, allowing the buyer to own 100% of the company. [read post]
5 Nov 2015, 5:13 pm
Gaps in Insurance Towers It is common for companies to have multiple insurance companies involved in a layered D&O insurance program. [read post]
19 Feb 2020, 9:38 am
Stout tendered the lawsuits to its professional liability insurer, Great American Fidelity Insurance Company (“Great American”). [read post]
29 Oct 2019, 1:32 pm
Accordingly, we encourage Parent and SpinCo to consult with both their legal advisors and their risk management professionals as early as possible in the planning stages for any spinoff transaction. [1] This post assumes that the companies involved in the spinoff transaction are all US entities; issues associated with foreign subsidiaries are beyond the scope of this post. [read post]
1 Apr 2020, 4:32 pm
I discussed the state of the law in Delaware regarding these issues in a recent post. [read post]
28 Jul 2009, 6:04 pm
The companies voluntarily filed for chapter 11 protection on July 13, 2009 in Delaware and operate local television stations across the United States. [read post]
26 Jan 2011, 2:10 am
It describes its business in court filings as "a leading business to business media and information provider for the insurance, investment, and professional services markets. [read post]
