Tag Archives: Directors & Officers Insurance

Directors & Officers Liability: A Rise in Whistleblower Complaints

D&O Liability A Rise in Whistleblower ComplaintsReview Directors & Officers Policy Language for Coverage

The U.S. Securities and Exchange Commission (SEC) in its annual report to Congress revealed that the number of whistle-blower tips and complaints under its program increased 7.9% from the previous year to 3,238 in fiscal year 2013. The SEC’s Office of the Whistleblower, mandated by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, was established in August 2011 and since …

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Research: Many Private Companies Not Insuring Against D&O Risks

Research Many Private Companies Not Insuring Against D&O RisksOnly 28% of Smaller Private Firms Purchase Directors & Officers Liability

A recently released report, “The Private Eye: Spotlight on the U.S. Private D&O Market”, indicates that private companies have a perceived lack of litigation risk when it comes to their directors and officers. According to Advisen Ltd, which provides insight into underwriting, marketing and purchasing commercial insurance, only 28% of firms with annual revenues below $100 million buy Directors

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A Board of Directors in Family Businesses Serve Vital Role

A Board of Directors in Family Businesses Serve Vital RoleBoard Members Bring Greater Accountability for Owners

Increasingly more family businesses are choosing to incorporate a board of directors in their operation. Why form a board? A board of directors can serve a vital role in helping a family company navigate its future. In addition to having access to individuals with expertise in strategy and other high-level business issues, a board can provide greater accountability to the family owners and …

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