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When Is an SEC Investigation a “Claim” for Purposes of D&O Coverage?
When does a specific investigatory action fall within a D&O policy’s definition of a “claim?”
D&O Insurance Offerings Expand to Securities Law Investigations
New insurance options cover securities law investigations.
Fifth Circuit Affirms Ruling Requiring Insurer to Pay Stanford Legal Fees
Fifth Circuit upholds lower court, orders further argument.
Guest Column: New York Court Affirms D&O Coverage for Derivative Claims and Requires Advancement of Defense Costs
Should a directors and officers (D&O) insurance policy cover derivative claims? And should a D&O insurance policy advance defense costs? A recent decision from New York’s Appellate Division, First Department, reaffirmed that the answer is “yes” to both questions, and rejected an insurance company’s arguments to the contrary.