A current overview of the D&O market.
The background and history of the D&O market.
The employees of Armstrong Coal Company [allegedly] falsified coal dust samples for the purpose of showing the company to be in violation of safety standards and potentially halt production. However, the policy excluded coverage for pollution and their legal costs weren't covered.
Following the shooting in the film production of "Rust", we examine what insurance coverage exists for film productions and how it applies.
The good news is that companies incurring legal fees defending against government investigations or negotiating settlements with regulators to resolve FCA claims may be able to look to D&O coverage to mitigate those losses.
The collapse of the Champlain Towers in June brought up many concerns for D&O exposures for HOA members.
Insurers and underwriters should be wary of general severability clauses that could potentially strip any meaning from an exclusion that would otherwise serve to exclude coverage for all insureds.
At issue here was whether the D&O policy required the insurer to indemnify and defend a company and its chief executive officer against claims brought by investors.
This overview provides a review of the history of the development of D&O coverage as well as current emerging risks and expectations for the year 2021.
This case study by Gary Griffin shows what can go wrong with a claims-made policy and an event that isn't totally clear.