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3 Jan 2023, 1:47 pm by Kevin LaCroix
The number of annual filings can provide some indication of the insurers’ calendar year and underwriting year loss costs. [read post]
31 Oct 2022, 5:11 am by Hudson Injury Firm
To be sure, “insurers are being presented with a different type of exposure than what they signed up for,” according to Brad Brown, program president at Griffin, Georgia-based Southern Hospitality Underwriters Inc., part of CRC Group Inc. [read post]
13 Oct 2022, 1:55 pm by Kevin LaCroix
Supreme Court’s 2021 decision in Goldman Sachs Group Inc. v. [read post]
5 Sep 2022, 8:08 am by Kevin LaCroix
Every year after Labor Day, I take a step back to survey the most important current trends and developments in the world of Directors’ and Officers’ liability and insurance. [read post]
11 Aug 2022, 11:42 am by Kevin LaCroix
In the latest example of these phenomena, a plaintiff shareholder has filed a securities suit against the mental health care service provider LifeStance Health Group, Inc. and certain of its executives. [read post]
In June 2022, the CFPB terminated a no-action letter issued to Upstart Network, Inc. in connection with Upstart’s automated model for making underwriting and pricing decisions on applications by consumers for unsecured, closed-end loans. [read post]
21 Apr 2022, 9:19 am by The White Law Group
Emerson Equity also happens to be the managing broker-dealer and underwriter for GWG bonds, according to its website. [read post]
7 Apr 2022, 3:17 pm by Zak Gowen
Facebook’s parent group, Meta, is looking to develop a range of virtual products – including digital tokens and “creator coins” – to diversify income and revitalise its user base, which is increasingly turning to newer rivals such as TikTok. . . . [read post]
3 Mar 2022, 8:56 am by Kevin LaCroix
Sarah AbramsSteven KaneIn the following guest post, Sarah Abrams, Head of Professional Liability Bowhead Specialty Underwriters, Inc., and Steven Kane, Head of Financial Institutions Underwriting, Bowhead Specialty Underwriters, Inc., take a look at insurance coverage issues that could arise in connection with the separation of a principal or partner from a private equity firm. [read post]
16 Feb 2022, 4:54 pm by Greg Lambert
FTI Consulting, Inc. recently announced findings from Part 3 of The General Counsel Report 2022: Leading with Endurance Through Risk, Culture and Technology Challenges. [read post]
1 Feb 2022, 4:08 pm by Ben Vernia
In addition, Kaiser Foundation Health Plan of Washington, formerly known as Group Health Cooperative (GHC), paid $6.3 million to resolve allegations that it submitted invalid diagnoses and received inflated payments as a result. [read post]
29 Dec 2021, 12:00 pm by Kevin LaCroix
As long-time readers of this blog know, one of the long-range concerns in the D&O insurance industry is the possible exposures of corporate directors and officers to liability claims arising from climate change (as discussed most recently here). [read post]