New SEC Disclosure Rules May Drive Up D&O Claims November 10, 2022 By Jim Sams SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may...
Insuring Cannabis Summit: Experts Answer Social Media’s Toughest Questions November 9, 2022 By Don Jergler “What are the hardest lines of insurance to write for cannabis businesses?” That question took Stephanie Bozzuto, co-founder of Cannabis...
It’s Over: Lasting Underwriting Profits in U.S. D&O Market Unlikely, Fitch Says September 2, 2022 Three years of soaring directors and officers liability insurance prices pushed combined ratios down to the mid-to-high 90s, but new...
Starbucks Executives, Directors Are Sued Over Diversity Policies September 1, 2022 By Jonathan Stempel Starbucks Corp. executives and directors have been sued by a conservative think tank that believes the coffee chain’s efforts to...
SEC Changes Whistle-Blower Award Rules to Boost Tipster Payouts August 29, 2022 By Matt Robinson The US Securities and Exchange Commission changed its whistle-blower rules to give the agency more leeway to pay out hefty...
U.S.-Listed Companies Will Have to Disclose How CEO Pay Stacks Against Firm Performance August 26, 2022 By Katanga Johnson Wall Street’s main regulator on Thursday voted to adopt a measure requiring that U.S.-listed companies disclose how the pay of...
ESG’s ‘Social License’ Will Endure Even If the Letters Don’t August 10, 2022 By Tim Quinson It’s been a bumpy stretch for adherents of investment strategies based on environmental, social and governance data. Much has been...
Porsche to Pay $80 Million to Resolve Fuel Economy Claims on U.S. Vehicles June 17, 2022 By David Shepardson Volkswagen AG and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million to resolve...
Chubb Not Declaring Itself Net Zero, CEO Greenberg Says June 10, 2022 By Susanne Sclafane In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb’s chief executive warned carriers to...
D&O Market Has Most Profitable Year Since 2014 but Results May Be an Anomaly May 11, 2022 By Chad Hemenway The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014 but results have to be...