The most prominent myth is that privately owned companies don't need D&O coverage--and a number of them believe this. Buyers are convinced that only public companies need D&O insurance to protect the
With more experts putting numbers to the possible insurance liability impact of the subprime mortgage crisis last month, the figures are starting to mount, with estimates ranging from $3 billion to
The most prominent myth is that privately owned companies don't need D&O coverage--and a number of them believe this. Buyers are convinced that only public companies need D&O insurance to protect the f
Rip Van Winkle, Washington Irving's 1820 tale attributed to old Diedrich Knickerbocker, tells of a rather lazy New York Dutchman named Rip who resided in the Catskills.
A recent decline in stockholder class-action suits is more likely due to a 1995 litigation reform measure than financial and accounting requirements of the 2002 Sarbanes-Oxley Act, the drafter of the
WASHINGTON--A recent decline in stockholder class action suits is more likely due to a 1995 litigation reform measure than financial and accounting requirements of the 2002 Sarbanes-Oxley Act, the draf
After I was asked to speak about lawyers professional liability insurance, I tried to see if I could identify a carrier that for the last 20 years continuously has underwritten this class of business successfully--and I couldn't.
WASHINGTON--Sarbanes-Oxley regulations have caused companies to take a more risk-averse track, focusing on building their cash reserves rather than developing new products, according to a professor at
BOSTON--An operation's focus on ethics is of critical importance in an era of increased disclosure requirements and corporate scrutiny after Enron and other scandals, an expert advised public sector ri