If you are serving as an officer or director of a public company (or a large private company), it has never been more important to make sure that you have an aggressively protective personal ...
Whether they are new executive leaders or longtime members of a corporate board, directors and officers should be considering two prongs of protection – a robust insurance program and a tailored ...
Indemnity clauses are included in contracts to provide a means by which the contracting parties can shift the responsibility of risk. “Indemnity clauses can expand, limit or even eliminate the ...
The Dibrino case clarifies that indemnity and additional insured coverage are separate and governed by different standards. Indemnity requires a direct link to a subcontractor’s scope of work, while ...
This book examines such topics as: the risks officers and directors face, derivative and class actions, and when a corporation is required—or allowed— to provide indemnification. David M. Kroeger is a ...
D&O insurance should cover liabilities and defence costs, including liabilities owed to the company (such as the liabilities proven against Mr Bekier and Ms Martin) and pecuniary penalties (both of ...
Please provide your email address to receive an email when new articles are posted on . Indemnification spells out who is responsible for liabilities related to the pre-closing operations of the ...
LAKELAND, Fla.--(BUSINESS WIRE)-- Summit, a leading regional provider of workers’ compensation insurance services, announces the addition of Bridgefield Indemnity Insurance Company to its carrier ...
In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...
Tesla CEO Elon Musk personally offered up to $100 million in indemnity coverage for officers and directors of the company. In exchange, Tesla paid Musk $3 million, a filing revealed on Monday. The ...