D&O News

Oil & Gas Companies Seek More D&O Insurance as Bankruptcies Loom

The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and investor lawsuits. Oil companies are shelling out as much as 75% more to renew insurance liability coverage for directors and …

Cannabis Power Brokers Tackle Five Pressing Insurance Questions

The cannabis business is a frontier industry that continues to offer no shortage of unique challenges to regulators, as well as boundless questions for industry watchers and ancillary businesses like insurance. Key questions may include: What insurance coverage is most …

New Colorado Law Tackles Employee Equity, Investment in Startup Cannabis Industry

The startup-laden cannabis industry is probably just right for those who are willing to forego a few extra dollars on their paychecks for the possibility of a bigger payout later when the company grows or goes public. Giving employees an …

Ex-Shareholder Sues Wynn in Nevada over Sex Assault Claims

A former Wynn Resorts shareholder is suing company founder Steve Wynn and former and current executives and board members, saying that his stock fell in value because they concealed information about sexual harassment accusations that led to Wynn’s resignation. An …

ASAE, Aon Enhance D&O Liability Coverage for Associations

ASAE, The Center for Association Leadership, has enhanced its Directors’ and Officers’ (D&O) Insurance Program offered through Aon Affinity Nonprofits in partnership with Arch Insurance Co. The ASAE endorsed multi-coverage product includes broader, more competitively-priced D&O insurance coverage to meet …

Insurance Journal TV Offers Exclusive New Videos From the 2016 PLUS D&O Symposium

San Diego, CA, February 26, 2016 – New video interview with Ryan Specialty Group Chairman and CEO Pat Ryan, along with other videos from the 2016 PLUS D&O Conference in New York now on Insurancejournal.tv. Insurance Sector Opportunities Ryan Specialty …

Oregon Court Won’t Exclude Oracle Executives from Suit

The Oregon Supreme Court has denied a request by Oracle Corp. to have five of its executives excluded from a lawsuit filed by the state over the failure of the Cover Oregon health insurance exchange. The court issued the ruling …

Texas Court Rules for Former Energy Executive in D&O Dispute

The Texas 14th Court of Appeals this week ruled in favor of former energy executive in a legal fight over whether the company’s director and officer insurer should have paid to defend or indemnify the executive as part of a …

ACE Offers New D&O Products in Germany; D√ľnkeloh Named Financial Lines Mgr.

ACE Group has launched two new D&O insurance products and has appointed a new financial lines manager in Germany, as it continues to respond to the rapidly evolving management liability cover needs of companies in Europe’s biggest economy. ACE D&O …

Directors & Officers Could Be Liable for Cyber Attacks: Marsh

Directors and officers need to be certain of their responsibilities relating to the prevention or management of a cyber event, or else they run the risk of being held personally liable should an attack against their firm occur, according to …