AM Best: Current D&O Market Rates Could Prove Inadequate May 17, 2023 By Chad Hemenway Buyers of directors and officers liability may be getting a break from steep rate and price increases seen over the...
Greenpeace Sues Italian Energy Company ENI May 11, 2023 Greenpeace and an environmental coalition including 12 Italian citizens are suing Italian energy company ENI, accusing it of knowingly contributing...
D&O Prices Plummeting: Record-Level Q1 Drop for Decade May 3, 2023 The year-over-year decline in D&O insurance prices for the first quarter of 2023 is greater than any prior drop over...
What to Expect: WTW Spring Commercial Insurance Forecasts Mixed May 3, 2023 In striking contrast to last year’s double-digit rate hikes for public directors and officers liability insurance and 100-200% jumps for...
Coinbase Executives Sued for Dumping Stock, Saving $1 Billion May 2, 2023 By Robert Burnson Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1...
Economic and Cyber Risks Lead Global D&O Concerns: Survey May 2, 2023 By Denise Johnson At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according...
Adidas Sued by Investors Over Broken Ye Partnership May 1, 2023 Adidas AG was sued by investors who claim the German sports giant knew about risks of its partnership with the...
Epstein Victim Suing JPMorgan Seeks Class-Action Status May 1, 2023 By Robert Burnson A victim of Jeffrey Epstein asked a judge to let her represent more than 100 other women in a lawsuit...
First Republic, KPMG Are Sued for Concealing Bank’s Risks April 25, 2023 By Jonathan Stempel First Republic Bank has been sued by shareholders who accused the beleaguered U.S. regional bank of concealing how rising interest...
Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB April 25, 2023 Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets...