D&O News

Tech Sector Sees Softer Insurance Market but Less Comprehensive Policies

A softer-than-expected market kept insurance premiums for technology companies down or flat in some lines in 2024, according to a new report from business insurance platform Embroker. Embroker’s 2024 Business Insurance Index: Tech Sector found average errors & omissions/cyber premiums …

Edison Utility Faces Shareholder Lawsuit Over LA Wildfires

The parent company of Southern California Edison has been sued for allegedly defrauding shareholders before the recent Los Angeles-area wildfires by assuring them it could shut down power lines to reduce the risk of catastrophic damage. Tuesday’s proposed class action …

Commercial Property Market Stabilizing, With Ample Capacity: USI

The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or low-single-digit increases this year, according to USI Insurance Services’ 2025 Commercial Property & Casualty Market Outlook. Accounts with unfavorable loss …

US Appeals Court Tosses Nasdaq Board Diversity Rules

A U.S. appeals court on Wednesday ruled that Nasdaq could not impose rules designed to increase diversity in corporate America by requiring companies listed on the exchange to have women and minority directors on their boards or explain why they …

Trump Team Has Ivy League in Sight as It Gears Up Attacks on DEI

President-elect Donald Trump’s team has asked a key conservative activist to present a plan to slash federal funding for universities that refuse to scrap diversity and equity programs. Christopher Rufo, who played a role in ousting Harvard’s first Black president …

How Will the Antitrust Showdown Launched Under Biden Change Under Trump?

The U.S. antitrust watchdogs that pounced on Big Tech and deterred corporate deal making throughout President Joe Biden’s administration may be kept on a shorter leash by Donald Trump after he returns to the White House next year. Although regulators …

Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims

Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy statement about their ability to ensure the safety of children who use Facebook and Instagram. In a decision on Tuesday, …

Walmart Reaches Settlement in Shareholder Lawsuits Over Handling of Opioids

Walmart said Friday it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids. According to the terms of the settlement that were disclosed in a …

Environmental Group Sues Tyson Foods for Alleged False Climate Claims

An environmental group is suing Tyson Foods for allegedly misleading consumers by saying it will reach net-zero emissions by 2050 and marketing climate-friendly beef without meaningful plans to achieve those goals. The suit was filed on Wednesday by the Washington-based …

D&O Market in ‘State of Transition’ on Litigation Trends: Woodruff Sawyer

It looks like the market for directors and officers insurance is shifting, according to Woodruff Sawyer, with the number of renewals seeing flat or price increases for the first time in 18 months. Though 83% of its clients continued to …