"Shaved-Limits" Endorsements

The Feb. 1 issue of the Business Insurance publication contains an article on the "shaved-limits" endorsement. It contains, in my opinion, a rewriting of history, attributing an increase in early settlements of D&O coverage disputes to recent use of a "shaved-limits" endorsement...

D&O Insurance: Layers and Tiers and Problems

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services One of the critical issues in putting together a D&O insurance program is the question of how to structure the insurance. Among the more complex issues is how to divide the program between "traditional"...

$67 Million Jumbo Directors and Officers Insurance Settlement of Homebuilder Bankruptcy

The bankruptcy context is particularly ripe for D&O claims, and it also represents a particularly difficult claims context for D&O insurers. Anyone with any doubts about just how complicated bankruptcy claims can be will want to take a look at the settlement that the various concerned parties...