Blog: Director and Officer Liability Insurance

Alexander Hopkins recently authored a guest post for The D&O Diary: “Global AI Regulations: D&O Liability Implications in a Changing Legal Landscape.”As AI continues to transform industries, directors and officers face an increasingly complex web of regulations across the jurisdictions-including the U.S., Canada, Mexico, the UK, the EU, and China. In his article, Alex breaks […]

Justin Baldoni, his companies associated with the motive It Ends with Us, and certain executives of those companies (the “Baldoni Entities”) are yet again defendants in a lawsuit, this time with their Management Liability insurer Harco National Insurance Company (“Harco”), involving Blake Lively’s sexual harassment claims (“Lively Lawsuit”). Harco filed suit against the Baldoni Entities […]

The Southern District of New York recently ordered a directors and officers (“D&O”) liability insurer to pay up to $4.5 million to reimburse an insured investment firm for the costs the firm incurred defending an arbitration proceeding brought by a former executive. In Seabury FXOne LLC v. U.S. Specialty Insurance Company1, the court, in denying the […]

Reprinted with permission from the July/August 2020 issue of Claims magazine WHEN DIRECTORS AND OFFICERS (D&O) INSURANCE was first introduced by the London underwriting market in the 1930s, it was intended to cover a narrow range of emerging liabilities. Following the Great Depression and the uptick in securities regulation, there was a perceived need for insurance to […]

The Travelers Indemnity Company (“Travelers”) recently released a new proprietary commercial general liability (“CGL”) form designated CG T1 00 02 19. The form is largely reflective of current ISO forms but includes one change that can significantly impact risk transfer when used by a trade contractor who has promised additional insured coverage to an upstream […]