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Amy Elizabeth Stewart
bank failure
Defense Cost
defense costs
defense obligation
direct action statute
Duty to Defend
FDIC
four corners
insurance coverage
insured persons
Kara Altenbaumer-Price
Kevin LaCroix
Madoff
misconduct
money laundering
Pendergest-Holt v. Certain Underwriters at Lloyd’s of London
Ponzi schemes
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R. Allen Stanford
spouses
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Westernbank
Mary McCutcheon
over 5 years ago
Insurance Law
Insurance Policy Exclusions
D&O Coverage: The Devil Is In the Details
A five-paragraph opinion by the New York Appellate Division suggests the potentially devastating consequences of ignoring the fine print of Directors & Officers Liability insurance policies. In Associated Community Bancorp., Inc., et al. v. St. Paul...
Kevin M. LaCroix
over 7 years ago
Insurance Law
Insurance Coverage
Directors and Officers Insurer Sued By FDIC Over Bank Failure
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...
LexisNexis Insurance Law Newsroom Staff
over 9 years ago
Insurance Law
Insurance Commentary
Kara Altenbaumer-Price and Amy Elizabeth Stewart on “Ponzi Schemes, and Money Laundering, and Defense Costs! Oh My!”
By Kara Altenbaumer-Price and Amy Elizabeth Stewart In “Ponzi Schemes, and Money Laundering, and Defense Costs! Oh My!,” by Kara Altenbaumer-Price and Amy Elizabeth Stewart, appearing in the September/October 2010 issue of Coverage,...
John B. Berringer and Jill N. Averett
over 9 years ago
Insurance Law
Insurance Commentary
Reed Smith LLP on the “Four Corners” Rule and the Duty to Pay Defense Costs – A Potent Tool for Policyholders Under D&O Insurance Policies
By John B. Berringer and Jill N. Averett, Reed Smith LLP Officers, directors and their corporations routinely are denied the full benefits of the D&O Insurance Policies they purchased at great cost when lawsuits naming them as defendants include...
Kevin M. LaCroix
over 7 years ago
Insurance Law
Insurance Law Blog
Directors and Officers Insurer Sued By FDIC Over Bank Failure
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...