Andrew Fastow, former chief financial officer (CFO) of Enron Corp., a now-defunct energy trading company swept up in a massive fraud scandal in the early 2000s, warned a room full of directors and officers (D&O) underwriters that some companies today …
A spot on a corporate board can be a plum post. It means compensation, usually stock, and often cash. Other perks include invaluable connections to fellow board members and executives, along with a profile boost in one’s given industry. But …
In light of businesses increasing usage of information assets and advancing technology insurers are pulling away from cyber coverage, according to Kevin Kalinich, global practice leader of cyber risk insurance at Aon Risk Solutions. “A big misconception is that these …
Dallas, TX, October 3, 2014– Effective October 1, 2014, this new form reflects the growing needs of organizations to address the issues confronting them in the 21st century. Coverage consists of Directors, Officers and Insured Entity Insurance, Employment Practices Liability …
The Jerry Sandusky scandal at Penn State University leaves in its wake an avalanche of repercussions specific to the area of employer and insurance liability. According to national news reports, Penn State recently settled with 26 men who alleged that …