Directors & Officers
Directors & Officers
News, insights and thought leadership for re/insurance professionals with an interest in D&O.
OpenText Wants Out Of Class Action Coverage Suit - Law360 Directors & Officers

OpenText Wants Out Of Class Action Coverage Suit - Law360

OpenText told a Michigan federal court it should be dismissed from an insurer's suit seeking to avoid coverage of a class action from former Covisint shareholders alleging an unfair merger
OpenText told a Michigan federal court it should be dismissed from an insurer's suit seeking to avoid coverage of a class action from former Covisint shareholders alleging an unfair merger
law360.com / Article / 2 months ago
Samsung chief Lee cleared of charges in 2015 merger case - Reuters Directors & Officers

Samsung chief Lee cleared of charges in 2015 merger case - Reuters

Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court on Monday in a case about a 2015 merger of Samsung affiliates that prosecutors said was designed to cement his control of the tech group.
Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court on Monday in a case about a 2015 merger of Samsung affiliates that prosecutors said was designed to cement his control of the tech group.
reuters.com / Article / 3 months ago
Vericity Investor Sues In Del. For Books On $170M Buyout - Law360 Directors & Officers

Vericity Investor Sues In Del. For Books On $170M Buyout - Law360

A shareholder of Vericity Inc. sued the life insurance company on Thursday in Delaware's Court of Chancery, seeking records related to its pending $170 million all-cash sale to a subsidiary of Canada's iA Financial Group, and alleging the merger process and deal price are unfair.
A shareholder of Vericity Inc. sued the life insurance company on Thursday in Delaware's Court of Chancery, seeking records related to its pending $170 million all-cash sale to a subsidiary of Canada's iA Financial Group, and alleging the merger process and deal price are unfair.
law360.com / Article / 4 months ago

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Study: U.S. Companies Facing Class Actions at Highest Level in 13 Years
Study: U.S. Companies Facing Class Actions at Highest Level in 13 Years
U.S.-based corporations spent nearly $4 billion of their legal budgets on class actions last year, making...
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D&O rates stabilize, retention rates fall: Report
D&O rates stabilize, retention rates fall: Report
BRP Group Inc. Wednesday released a report showing that directors and officers liability rates and retent...
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D&O Insurance Pricing May Be Inadequate
D&O Insurance Pricing May Be Inadequate
After aggressive increases helped firms recover from a decade of woeful rates, premiums are declining. Th...
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Norfolk Southern to settle Ohio derailment class action lawsuit for $600M
Norfolk Southern to settle Ohio derailment class action lawsuit for $600M
U.S. railroad operator Norfolk Southern Corp. said on Tuesday it had reached a $600 million deal to resol...
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What is unfairly prejudicial conduct entitling a shareholder to relief from the Court – and are such claims indemnified under the company's D&O Policy?
What is unfairly prejudicial conduct entitling a shareholder to relief from...
Successive versions of the Companies Act (most recently Section 994 of the 2006 Act (“CA...
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More capacity available in the reinsurance market at 4/1 renewal: Gallagher Re
More capacity available in the reinsurance market at 4/1 renewal: Gallaghe...
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and ...
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Life Sciences Companies Remained Frequent Securities Suit Targets in 2023 - The D&O Diary
Life Sciences Companies Remained Frequent Securities Suit Targets in 2023 -...
The number of securities class action lawsuits filed against life sciences companies in 2023 remained ste...
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US Directors & Officers Insurance Improved Results Likely Unsustainable
US Directors & Officers Insurance Improved Results Likely Unsustainable
The U.S. Directors and Officers (D&O) liability insurance segment’s favorable statutory underwriting perf...
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Russia's Baltika Sues Carlsberg Subsidiaries for Over $900M in Damages
Russia's Baltika Sues Carlsberg Subsidiaries for Over $900M in Damages
Russia's Baltika Breweries has sued four Carlsberg subsidiaries for damages amounting to 6.24 billion Dan...
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