Risk management involves looking around the corner to spot future threats. When it comes to director and officer liability, the question is this: What’s on the horizon for directors and officers in 2019? Here are seven critical areas of risk …
The U.S. Justice Department will make executive accountability a part of every investigation of corporate wrongdoing, Deputy Attorney General Rod Rosenstein said. “Under our revised policy, pursuing individuals responsible for wrongdoing will be a top priority in every corporate investigation,” …
On Wall Street, it’s known as “the Weinstein clause.” Advisers are adding guarantees to certain merger agreements in light of the sexual misconduct scandals that have enveloped the producer Harvey Weinstein and other high-profile businessmen — ones that legally vouch …
Berkshire Hathaway Specialty Insurance (BHSI) announced the appointments of Vanessa Maxwell as head of Professional Indemnity & Cyber Insurance and Tom Dilley as head of Financial Institutions in Southern Europe. “Vanessa will focus on building our professional indemnity and cyber …
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its executive & professional lines appetite to private companies in the U.S., launching the Executive First Private Company Portfolio. The portfolio offers directors & officers liability, employment practices liability (EPL), fiduciary liability, employed …
Berkshire Hathaway Specialty Insurance (BHSI) has added new leadership to its Executive & Professional Lines as part of the company’s expansion of its dedicated underwriting capabilities in the U.S. According to Dan Fortin, senior vice president, head of Executive & …
Barney & Barney LLC named Chris Williams managing director of its Bay Area offices in Northern California. Williams will lead the firm’s Bay Area team of professionals. Williams is also responsible for developing strategy, design, implementation and communication of employee …
Monitor Liability Managers has launched a new executive liability insurance suite of coverages for privately held companies called ExecSuite. With ExecSuite, businesses can choose the coverage that best suits their needs. Choices include: directors, officers and corporate liability; employment practices …
Employment practices in California is a known and growing concern for insurers, agents and employers, and that concern has some carriers ramping up rates dramatically or quietly pulling back from the area, say those familiar with the region’s market. “Employment …
Willis North America, a unit of Willis Group Holdings, has published its Directors and Officers Liability (D&O) Insurance Dictionary, offering firms an overview of terms that are likely to be used in describing their D&O insurance and liability exposures. This …
