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Directors & Officers: Are you covered? ( February 2006 )
A sea change in laws, corporate governance standards and attitudes of institutional investors has dramatically increased the personal risk for directors and officers. Although suitable compliance programs will reduce the risk, bad things happen to good people—and good people need considerable resources to defend themselves. -
Capitol Review: What You Need To Know Before Buying An Epli Policy ( June 2004 )
With the chiming of the clock at midnight on January 1, 2004, new employment laws went into effect in California that expand the legal responsibilities of employers, with the potential to increase legal bills and liability. Employers have new obligations for Paid Family Leaves, new responsibilities to protect employees from sexual harassment by vendors or other third parties who come into contact with employees, and new protections for "whistleblowers." -
Directors and Officers Liability Insurance ( January 2000 )
In recent years, directors and officers liability insurance has become a core component of corporate insurance. As many as 95% of Fortune 500 companies maintain directors and officers (“D&O”) liability insurance today. Furthermore, it has become a commonplace of the financial world that disappointed investors will charge corporations and their officers and directors with securities fraud whenever a company’s stock drops significantly in price. -
California Court of Appeal Upholds "Prior Or Pending Action" D&O Policy Exclusion ( March 2000 )
This article summarizes a recent California Court of Appeals decision whereby the court upheld a "prior or previous litigation" exclusion in a Director & Officer liability policy. -
What Employers Should Know about Insurance Policies for Employment Claims ( January 1999 )
In the aftermath of the U.S. Supreme Court's June 1998 rulings that employers can be held automatically liable for.
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