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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

After slow start, change in federal law spurs shift away from individual

The total value of settled cases in 2006--excluding settlements totaling $7.1 billion relating to the Enron collapse--grew to $10.6 billion, more than 300 percent above the 2005 level of $3.5 billion,

As directors and officers liability insurance prices and securities class action filings both decline, potential insurer profits will hinge on severity and the final disposition of a recent wave of

But the question remains whether the action should be interpreted as stemming from a unique and headline-friendly set of circumstances, or whether it is a product of a new atmosphere of boardroom

Directors & Officers liability insurance pricing, terms, and availability are headaches for risk managers.

Earlier, she served as senior vice president, general counsel and corporate secretary at Fannie Mae, and had been a partner and associate with the Washington, D.C. law firm of Wilmer, Cutler & Pickeri

Earlier, she served as senior vice president, general counsel and corporate secretary at Fannie Mae, and had been a partner and associate with the Washington, D.C. law firm of Wilmer, Cutler & Pickeri