A recurring question is whether bank directors should be held to a more stringent fiduciary duty than are the directors of other kinds of companies.
Beginning in 2015, certain applicable large employers with more than 100 full-time employees and full-time equivalents will be subject to an assessable payment for failing to offer an employee the opportunity to enroll in minimum essential coverage that is affordable.
A recent opinion out of the United States District Court for the Eastern District of Pennsylvania illustrates the ongoing and vexing problem of determining whether documents created during an insurer’s early claims investigation are protected from disclosure in subsequent litigation under an attorney-client or work-product privilege.
In my recent blog entitled California Moonsonal Weather Brings Mud property Damage to Southern California, But Is It Covered Damage, I wrote about the differences between mudslides and mudflows and what kind of insurance policies cover these damages in the event a homeowner has the misfortune of experiencing these disastrous losses.
Due to a combination of favorable circumstances, the number of companies completing initial public offerings is currently at the highest level in years.
The owner of a used auto sales business in St. Petersburg, Florida, was recently involved in an insurance coverage dispute.
One of the most distinctive aspects of the current global regulatory environment has been the increasing willingness of U.S. regulators to try to project U.S. enforcement authority outside the U.S. The cross-border assertion of U.S. regulatory authority has taken place across a broad range of regulatory and compliance issues, including, for example, antitrust, trade sanction, and taxation enforcement as discussed here.
In Travelers Casualty & Surety Co. of America v. The Netherlands Insurance Co., 2014 Conn. LEXIS 262, 312 Conn. 714 (Aug. 5, 2014), the Connecticut Supreme Court broadened an insurance company’s ability to sue another insurance company pursuant to the state’s declaratory judgment statute.
Claimants often ask why ERISA lawsuits are so difficult. Among other reasons, the biggest obstacle for claimants in ERISA lawsuits is often the standard of review employed by the court reviewing the claim denial.
Montana Supreme Court: Not Necessary to Consider Underlying Allegations or Policy Terms to Determine Insurer’s Defense Duty
As part of our beat here at The D&O Diary, we read a lot of judicial opinions. We like nothing better than to read an appellate opinion where a dissenting justice and the majority really mix thing up.