Rate Reductions Begin to Fade for D&O Buyers: Lockton March 28, 2025 By Chad Hemenway Broker Lockton early this week issued its outlook of the mostly buyer-friendly U.S. property/casualty market with eye on potential changes...
SEC to Focus on Traditional Cases Under New Leadership, Acting Director Says March 26, 2025 By Chris Prentice The U.S. Securities and Exchange Commission will likely focus on more traditional cases under incoming leadership, including those involving individual...
AM Best Concerned D&O Prices ‘Fell Too Far, Too Quickly’ March 3, 2025 Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect...
FTC Has Bipartisan Support for Merger Cases, Outgoing Chief Says January 27, 2025 By Leah Nylen The US Federal Trade Commission is likely to have bipartisan support to keep filing cases to block anticompetitive mergers under...
Settlements Eclipse $40 Billion in 2024 as PFAS, Reverse Discrimination Claims Emerge January 8, 2025 By Chad Hemenway Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400...
Facebook, Nvidia Ask Supreme Court to Spare Them From Securities Fraud Suits November 4, 2024 By John Kruzel The U.S. Supreme Court is set to consider bids by two tech giants – Meta’s Facebook and Nvidia – to...
Markets/Coverages: WTW Launches Global D&O Excess Facility Called ‘A-Star’ November 14, 2023 Insurance broker WTW announced the launch of “A-Star,” an excess layer D&O insurance solution for directors and officers. The new...
Basketball Hall of Fame and Chubb Insurer Hit the Court Over D&O Coverage September 20, 2022 By Andrew G. Simpson The Basketball Hall of fame (BHoF) is suing Chubb Group subsidiary Federal Insurance Co. to have the insurer defend and...
Australia’s Westpac Banking Fined A$113M for Multiple Compliance Breaches April 22, 2022 An Australian court ordered Westpac Banking Corp. to pay A$113 million ($82.92 million) in penalties for multiple compliance failures across...
Startup MGA Rising Edge Targets Low-Layer D&O Business February 24, 2022 By L.S. Howard The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent...