MF Global Judge to Examine Insurance Payments for Former Executives February 10, 2012 By Jonathan Stempel The U.S. judge overseeing MF Global’s bankruptcy plans a closer review before deciding whether any of an estimated $190 million...
Insential and American Safety Introduce Hospitality Program February 8, 2012 Insential and American Safety Insurance have joined to offer a comprehensive management liability program for the hospitality industry. The product...
Idaho Homeowners Association Treasurer Charged With Embezzling December 8, 2011 The former treasurer of a Meridian, Idaho homeowners association is charged with embezzling more than $20,000 from the organization since...
Argo Launches New Management Liability Policy for Private Companies November 3, 2011 Argo Insurance, a member of Argo Group International Holdings Ltd. has introduced Private Playbook, a management liability package policy offering...
Ironshore Australia Launches Affirmative Defense Cost November 1, 2011 Ironshore Australia has enhanced its professional liability policies for defense cost coverage in response to the recent decision of the...
Willis Launches Liability Coverage for Hedge Fund Directors October 18, 2011 The ongoing financial crisis has claimed many victims over the past few years, but while banks and their depositors have...
Failed Alabama Bank Executives Settle Investor Lawsuit for $10.5M September 30, 2011 Officers and directors of failed Colonial BancGroup in Alabama, including Auburn University trustee Bobby Lowder and former Auburn football coach...
Unhappy Investors Want Bank of America Mortgage Case Moved to Federal Court August 29, 2011 By Jonathan Stempel Investors objecting to Bank of America Corp.’s $8.5 billion settlement of claims over losses on mortgage-backed securities are seeking to...
Madoff Trustee’s Loss Formula Upheld August 17, 2011 By Andrew Longstreth A U.S. appeals court on Tuesday upheld a method developed by the trustee liquidating Bernard Madoff’s firm for determining how...
Who Is Paying News Corp. Legal Bills? – D&O Coverage Heavily Involved July 20, 2011 By Leigh Jones With executives from News Corp. and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal...