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Technology companies' satisfaction with D&O coverage has dropped sharply so far 2021, as pricing soared and insurers narrowed their terms and conditions, Marsh found in a new study. Approximately ...
Rate-hike pressures were already robust for directors & officers liability insurance, but COVID-19 has kicked that into overdrive, according to a new Marsh report. "Although the current market ...
Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company's directors and officers insurance (D&O), replacing it with a promise to ...
Directors and officers liability insurance has gotten trickier and will confront major new challenges over the next few years. Continued rate hikes and narrower coverage guidelines will be necessary ...
Local governments in regions hard hit by the U.S. opioid epidemic have opted out of massive litigation taking aim at the drug industry over the crisis, potentially weakening a novel legal mechanism ...
General Motors Co. hit Fiat Chrysler Automobiles NV with a blockbuster racketeering lawsuit, alleging a years-long bribery and corruption scheme that has sent United Auto Workers and Fiat Chrysler ...
Wells Fargo & Co. boosted an estimate for potential legal losses by $500 million while disclosing that it's in early talks to resolve another round of probes into sales abuses at its branches. ...
Wells Fargo & Co will pay $575 million to settle claims made by U.S. states, the latest settlement as the bank works to resolve lingering investigations and legal battles stemming from its ...
A U.S. federal appeals court on Tuesday reinstated a lawsuit by a group of former child slaves accusing the U.S. unit of Nestle SA, the world's largest food maker, and Cargill Co of perpetuating ...
The U.K.'s National Cyber Security Centre blamed hostile foreign states for the majority of the 1,167 attacks it has handled in the two years it's been running, equivalent to 10 assaults a week. In ...
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