D&O liability News

Freedom Specialty Hires Cyber Liability Products Director

New York-based Freedom Specialty Insurance Co. appointed John Merchant as director of network security, data privacy and technology risk. In his role, Merchant will manage the development, underwriting and risk management of cyber liability products. He reports to Teresa Black, …

Shareolders Using ‘Say-on-Pay’ Votes in Lawsuits Against Boards

Shareholders upset with ever-higher executive compensation packages are using new “say-on-pay” votes to challenge the payouts in court, a tactic raising eyebrows among legal experts. The lawsuits are zeroing in on companies that lose these advisory votes by shareholders on …