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.
Discusses the duty to defend under homeowners and commercial policies, highlighting certain supportive cases.
Discusses expectations of hard market continuing into 2021 based on Willis Towers Watson (WTW) in its 2021 Insurance Marketplace Realities Report.
Applied Underwriters' Centauri has been granted expedited discovery for this claim.
Discusses possiblity of D&O claims related to the COVID-19 virus.
GLOSSARY By Dan Bailey, Esq. This material is provided by and reproduced with permission of Dan A. Bailey. Mr. Bailey is a member of the Columbus,…