D&O liability News

Alphabet Directors Sued Over Exit Pay, Coverups Tied to Harassment Allegations

Alphabet Inc.’s directors were sued by shareholders for approving a $90 million exit payment to Andy Rubin, the creator of the Android mobile software, while helping cover up his alleged misconduct and similar misbehavior by other executives. The investors claimed …

7 Areas of Directors & Officers Liability to Watch in 2019

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 …

Cybersecurity Tops D&O Liability Risks

Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and regulatory enforcement risks are also critical D&O exposures. According to Willis Towers Watson’s 2018 Management …

Slew of Republican Judicial Appointments Could Bode Well for D&O Insurers

Directors and officers (D&O) insurance has faced major losses in recent years, due in part, to what some call a significant increase in shareholder securities class action lawsuits. But a slew of new judicial appointments through the Republican-led Congress could …

Intellectual Property Coverage Presents Challenges in Private D&O

Physical property damage due to natural disasters, weather-related or man-made incidents, can be relatively straightforward to assess, but understanding how a different form of property causes damage can be a little more ambiguous, according to panelists at the recent Professional …

Allied World Bermuda Launches the Thirty2°/Sixty4 Suite

Allied World Assurance Company Holdings, AG announced the launch of a Bermuda’s “Thirty2°/Sixty4°” suite that addresses a wide range of liability exposures currently facing corporations and their executives and employees. The suite offers five primary coverage components: Directors & Officers …

ACE Bermuda Launches New CODA Premier D&O Policy

ACE Bermuda has launched a new CODA Premier directors and officers liability policy. The CODA Premier policy offers personal asset protection to directors and officers and is available through ACE’s commercial property and casualty insurance businesses in North America. Enhancements …

Zurich Launches Side A D&O Coverage for Corporate Leaders in the U.S. and Abroad

Zurich has introduced a new Side A D&O policy that addresses the evolving litigation landscape and provides coverage for liability exposures in the global marketplace, including China, Brazil, Mexico, Japan and India. The new policy is now available for customers …

U.S. Risk, Western World Launch Private D&O, EPL, Fiduciary Liability Program

U.S. Risk Pro, a division national MGA and surplus lines wholesaler U.S. Risk Insurance Group, Inc., and Western World Insurance Group have launched a new program for private company directors and officers liability. This national program will include employment practices …

AIG Expands D&O Side A Capacity to $100 Million

American International Group, Inc. (AIG) is has increased its global Side A directors and officers (D&O) liability insurance to $100 million. This new capacity from AIG can facilitate the resolution of severe and complex litigation. Companies can now meet their …