In many cases, companies’ D&O insurance programs are structured in several layers, with one or more policies of excess of insurance written over top of a primary layer.
In a detailed May 4, 2015 opinion (here), Vice Chancellor Travis Laster of the Delaware Chancery Court extensively reviewed the rights of an insolvent company’s creditors to pursue derivative claims against the company’s directors.
Bolstered by the strong United States dollar and cheap energy costs, the current wave of corporate takeovers and mergers shows no sign of abating.
Growth in India’s insurance market has been hampered by a lack of capital, and also a lack of consumer demand.
Hope every mom had a wonderful Mother’s Day. I was at the Tampa Club yesterday with my mother, Alice Merlin.
Storms Can Form Outside of Hurricane Season: Subtropical Storm Ana Becomes 2015’s First Atlantic System
South Carolina and North Carolina look like they will take the main impacts of Ana. The National Hurricane Center reported today that the storm is moving towards the coast bringing high winds, flooding, life-threatening surf conditions, and heavy rain.
Disability insurance policies are frequently secured by college football players, especially those who expect to be selected in the early rounds of the NFL draft.
The South Dakota Supreme Court found that an insurer did not waive its attorney-client privilege and, thus, was not required to produce 200 unredacted workers’ compensation claim files in a bad faith lawsuit.
In light of the growing concern over cybersecurity, the United Stated Department of Justice (“DOJ”) issued guidance last week on how to prepare for and respond to cyber attacks.