The US District Court for the Southern Florida, applying Florida law, held that a directors and officers policy did not cover a claim against directors because the claim related back to an earlier policy period, even though those individuals were …
A directors and officers insurer has no duty to defend a New Mexico financial organization from litigation filed after its former chief executive officer was convicted of stealing $4.9 million from clients, a federal appellate court ruled. A panel of …
Larry Nassar is accused of sexually assaulting hundreds of girls and young women while working with USA Gymnastics, resulting in his criminal conviction and hundreds of lawsuits that forced the organization into bankruptcy. Liberty Mutual Underwriters must defend USAG against …
Ralph Nader has a new cause. After dedicating nearly half a century to battling businesses over almost everything from dangerous products to the influence of money in politics, the consumer advocate is planning a museum in his Connecticut hometown that …