Catholic Nuns Sue Smith & Wesson to Halt its Assault-Style Weapons Sales December 6, 2023 By Tom Hals A group of Catholic nuns have sued the board of Smith & Wesson to try to force the gunmaker to...
US SEC Enforcement Collected Nearly $5B in Financial Remedies Last Year November 15, 2023 By Chris Prentice The U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions in the fiscal year that ran through September, garnering...
FTX Founder Bankman-Fried Drops Excess D&O Coverage Spat With CNA Unit November 9, 2023 By Chad Hemenway Several days after he was found guilty of one of the biggest financial frauds on record, FTX founder Sam Bankman-Fried...
AIG Continues to Take Cautious Approach to Excess D&O in North America November 3, 2023 By Chad Hemenway Though American International Group (AIG) saw a turnaround in underwriting income in the third quarter, driven largely by business in...
Conservatives Challenging Nasdaq Board Diversity Rule Appeal to Full 5th Circuit October 26, 2023 By Jody Godoy A conservative group that lost a challenge to Nasdaq’s board diversity disclosure rule appealed the decision on Wednesday, requesting a...
Woodruff Sawyer: Softer D&O Market Still Offers Concerns for Underwriters September 19, 2023 By Elizabeth Blosfield While concerns about a “tsunami of pandemic-related litigation” never quite materialized, according to Woodruff Sawyer in its latest D&O Looking...
Hippo Investors Call for Strategic Review by Board, Other Actions September 18, 2023 Members of the board of directors of insurtech Hippo were on the receiving end of an open letter from a...
Walgreens to Pay $44 Million to Settle Theranos Fraud Claims September 8, 2023 By Erik Larson Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed...
Takeaways from Our Conversation on Reps & Warranties in a Changing Cannabis Market September 8, 2023 By Don Jergler Go back just a few years to 2019-2020, when cannabis stocks started to really hit the market in the United...
Conservative Attacks on Diversity Efforts in Corporate America Keep Coming August 24, 2023 By Kelsey Butler Before the US Supreme Court did away with affirmative action in college admissions, corporate America was bracing itself for attacks...