After Enron: Maximizing Coverage in a D&O Policy
Discusses the typical coverage of D&O policies and the most common insurer defenses in situations involving allegations of financial misrepresentation.
Discusses the typical coverage of D&O policies and the most common insurer defenses in situations involving allegations of financial misrepresentation.
A fine but definitive line divides the world of insurance policies. On one side, there is the insurer, armed with the legal forces to defray expenses. On the other are the insured, slightly perplexed about the industry's rules of engagement. This article empowers policyholders and offers guidance as to how to persevere when litigation hits.
Insurance claims made in the wake of a disaster must be done quickly, but carefully, to maximize a company's recovery. Learn the best ways to document damage and claim the proper type of loss for maximum insurance coverage, and gain tips on working with an insurance broker and risk manager.
In the corporate world, a surprise means something was missed--and that's never good. A surprise that involves a problem with your company's Director & Officer (D&O) policy is precisely the type of surprise you want to avoid.
This article addresses several key insurance coverage issues raised by the Sarbanes-Oxley Act.
Open source software is being used more and more frequently, and in-house attorneys need to get a firm grip on all that the software entails, especially in terms of compliance. This article takes a look at your first steps in doing this, assessing the risks, litigation and licenses involved in using it, outsourcing and acquisitions where it is involved, and the management of its use.
Failure to discover that your company may have had insurance coverage could cost your company. You must make it clear who is responsible for seeking insurance coverage and dealing with your insurance coverage issues: in-house counsel, outside defense counsel, or outside coverage counsel. The best place to allocate those responsibilities is in your company's engagement letters and guidelines for working with outside counsel. Thus, in selecting a law firm to defend a case, it is critical to determine whether that firm has sufficient insurance coverage experience. If it does not, it is advisable to retain separate coverage counsel early on.
Dan Goldstein, chief legal and compliance officer at Pitney Bowes, discusses risk management.
Members respond with a note of caution to the question of whether to use email disclaimers. The consensus is that disclaimers should be tailored and relevant.