D&O News
Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court
A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state's high court agreed with a lower court's ruling ...
Tariff-Linked Class Action Suits to Boost D&O Insurance Demand
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor ...
No Escape From Tariffs — Not Even for D&O Liability Insurers
While property/casualty insurance executives are largely focused on the impacts of tariffs on short-tail lines like personal auto and property, investment market jitters ...
Securities Class Actions Increase Again in 2024; AI-Related Filings Double
The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related filings more than doubling from the previous year, according ...
Target Must Face Shareholder Lawsuit Over Pride Backlash, Judge Rules
Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride ...
CrowdStrike Is Sued by Shareholders Over Huge Software Outage
CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global ...
Public D&O Price Decreased 5.2% in Second Quarter, Says Aon
The average price for directors and officers liability insurance decreased 5.2 percent per $1 million in limits in the second quarter, according to Aon Commercial Risk Solutions. Aon said the ...
As Premiums Decline, Pricing Softens for U.S. D&O Liability Insurance
Better underwriting results in the U.S. directors & officers (D&O) liability line "will likely add downward pressure on rates amid decreased demand in the segment", according to a new AM Best ...