Litigation

For public companies navigating the continuing fallout from the global financial meltdown, dealing with regulatory investigations is about as inevitable as death and taxes. D&O insurance products are evolving to cover some of the costs.

A prominent New York attorney known as the "Queen of Torts" for her defense of top companies like State Farm is tackling a vastly different job — running the $2.78 billion fund to compensate ground zero workers and others who say they were sickened by the Sept. 11, 2001, terror...

The Florida Office of Insurance Regulation today announced a multi-agency, multi-million-dollar settlement agreement with John Hancock Life Insurance Co.

The U.S. Supreme Court has significantly narrowed the grounds an employee can use to sue for additional pension benefits based on errors in a plan's summary plan description.

The details of the fine print of a merger agreement—or a D&O liability insurance policy—can be daunting. But when Southwest Airlines closed its $1 billion-plus deal to buy AirTran two weeks ago, it did so knowing that language of a tail-coverage endorsement it bought for AirTran’s directors and officers would...

MBIA narrowed its first-quarter net loss by more than $340 million as the company saw a steady decline in loss severity in its structured-finance obligations.

AFAs can help keep defense costs down and reduce time to resolution, while still being attractive to defense counsel who can handle certain claims efficiently.

Chubb & Son will pay an employee $110,000 as part of an agreement to resolve allegations that the company failed to promote an employee based on race.