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By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services and Peter M. Gillon, Partner, Pillsbury Winthrop Shaw Pittman LLP One of the most distinctive U.S. litigation trends over the last twelve months has been the surge...

After entity coverage began to be added to the D&O insurance policy a couple of decades ago, a recurring problem in the bankruptcy context was whether or not the D&O policy proceeds were property of the estate under Bankruptcy Code Section 541...

Kevin LaCroix, author of The D&O Diary , a Top Blog on both the Insurance Law and Corporate & Securities Law Communities, is headlining at Anderson Kill's annual Policyholder Advisor Conference. Always the year's most comprehensive roundup...

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...

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services On February 5, 2013, in a detailed opinion exploring the nuances of a D&O policy's extended reporting period provisions, Western District of North Carolina...

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services In the FDIC's latest lawsuit filed in its role as receiver of a failed bank, the FDIC not only named as defendants nineteen former directors and officers of the...

Along with everyone else in the professional liability insurance industry , I was fascinated by the news that my good friend David Bell, with whom I served on the Professional Liability Underwriting Society (PLUS) Board of Trustees, was leaving Bernuda...

On May 30, 2012, Representative Barney Frank introduced a bill entitled the "Executive Compensation Clawback Full Enforcement Act" ( here ) that by its own terms is designed to "prohibit individuals from insurance against possible losses...

During 2010 and 2011, a number of securities class action lawsuits were filed against U.S.-listed Chinese companies. Plaintiffs' lawyers seemed eager to pursue these cases despite likely procedural and practical challenges such as likely difficulties...

In the latest of what is now a lengthening line of cases, on June 12, 2012, the New York Supreme Court, Appellate Division, First Department, applying Illinois law, ruled in a coverage case brought by JPMorgan Chase that owing to settlements by underlying...

On September 7, 2012, the Delaware Supreme Court, applying California law, held that Intel's excess insurer's defense obligations were not triggered where Intel had settled with the underlying insurer for less than policy limits and had itself...

The criminal trial in which Jerry Sandusky, the former defensive coordinator of Penn State's football team, stands accused of sexually abusing at least 10 boys over a 15-year period began Tuesday, June 4, 2012, in Bellefonte, Pa. Sandusky has been...

Our legal system is one of our society's crowning achievements. But for all of its grandeur, our legal system is not without its flaws. Among other things, our system encourages litigiousness that all too often involves frivolous suits and lawyers'...

On the eve of the tenth anniversary of the enactment of The Sarbanes Oxley Act, Cornerstone Research has released a study of the filing trends and settlements of securities class action lawsuits involving accounting allegations. The May 2012 report entitled...

Kevin LaCroix, author of The D&O Diary , a Top Blog on both the Insurance Law and Corporate & Securities Law Communities, is headlining at Anderson Kill's annual Policyholder Advisor Conference. Always the year's most comprehensive...