26 09, 2023

Analysis of Securities Class Actions by ESG Risks

By |2023-09-28T12:51:23-05:00September 26, 2023|@PLUS, Guest Blog, PL Insurance|0 Comments

Over the past decade, Directors and Officers (D&O) underwriters have observed the evolution of losscauses leading to securities class actions (SCA). While in early 2010 almost all SCA settlements werecaused by activities related to core corporate governance, recent SCA settlements are indicative of avariety of loss causes with a significant presence of environmental, social, and governance (ESG) risks asunderlying factors. Our review of the SCA settlements recorded between 2020 and 2022 suggests that64% of settlements correspond to environmental and social risks, while the remaining 36% are relatedto governance risks. ESG-related regulatory requirements are on the rise in the U.S. and [...]

21 09, 2023

Trying the PL Case: Lessons Learned in the Courtroom

By |2023-09-22T07:51:09-05:00September 21, 2023|@PLUS, Guest Blog, PL Insurance|0 Comments

It is not a secret to those in the insurance defense profession that the opportunities to actually take a professional liability case to trial are increasingly less common. Clients are, understandably, risk averse, and civil trials can be costly, time-consuming and emotionally draining. While I have successfully handled many professional liability matters on behalf of clients, the opportunities to try a case through verdict in a courtroom have been more limited – with the exception of this summer, when I had two cases go to trial. My experiences illuminated some key lessons which have enriched my career and which I [...]

22 08, 2023

Basic Security Can Prevent Small Businesses From Losing Millions

By |2023-08-22T08:53:00-05:00August 22, 2023|@PLUS, Cyber, Guest Blog, PL Insurance|0 Comments

Inexpensive measures working in tandem with your insurance policy can save your organization from a crippling cyber incident When it comes to cyber security incidents, describing the fallout can be abstract and hard to quantify. There can be vagaries to describe the damage wrought across different industries and organizations, as each may have a unique risk profile that impacts losses and recovery. Yet one thing is certain, a cyber attack on a business can cause significant damage to a business, one that may even threaten its very existence.   With that in mind, take a moment to consider if your [...]

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