Litigation

Unlike last year's flood of "pre-claim inquiry" offerings that focused on coverage for the investigation-response costs of individual executives and directors, Chartis' new "Investigation Edge" offering, a standalone policy introduced in March, addresses corporate costs, including the massive expenses associated with producing documents required by the Securities & Exchange Commission.

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...