D&O Perspectives on Coronavirus: Part 3

Join Kevin LaCroix, Carl Metzger, and Rob Yellen for Part 3 of their discussion on D&O Perspectives on Coronavirus. These speakers continue to look at possible effects of COVID-19 from a variety of D&O perspectives. This recording is part of the ongoing PLUS series PL Perspectives on Coronavirus—past recordings are here on the PLUS Blog, and stay tuned for more discussions to be posted in the coming weeks.

Listen here to D&O Perspectives on Coronavirus, Part 3:


KevinLaCroix2019Kevin LaCroix, Executive Vice President at RT ProExec

Kevin LaCroix is an Executive Vice President at RT ProExec, Beachwood, Ohio, a division of R-T Specialty, LLC. RT ProExec is an insurance intermediary focused exclusively on management liability issues. Kevin is also the author of the Internet weblog, The D&O Diary, which the New York Times called “influential” and the Wall Street Journal described as “widely followed.” Kevin has been involved in directors’ and officers’ liability insurance issues for more than 35 years.

Metzger_E_CarlCarl Metzger, Partner and Chair of Risk Management & Insurance at Goodwin Proctor

Carl Metzger is a partner in Goodwin’s Financial Industry and Business Litigation practices and Chair of the firm’s Risk Management & Insurance practice and Chair of the firm’s Partnership Committee. His clients include both public and private companies, major insurance carriers and brokerages, private equity and venture capital firms and non-profit and educational institutions. 

Rob YellenRob Yellen, Executive Vice President, D&O and Fiduciary Liability Product Leader, FINEX at Willis Towers Watson

With over 28 years of Financial Lines industry experience, Rob Yellen is a respected leader in the management and professional liability space. He currently works with Willis Towers Watson, FINEX NA brokers and claims advocates to identify and track developments in risk, coverage and markets, and with our business partners to develop innovative, best-in-class strategies and solutions. Rob joined Willis Towers Watson in 2015 from AIG where, during his 14-year tenure, he served in several key leadership roles–including Chief Underwriting Officer, Financial Lines, U.S. and Canada and, most recently, Head of Product Development for Financial Lines–globally and for the Americas Region.

Kevin LaCroix on #MeToo Exposures and Claims in Management Liability

Before moderating “New D&O Exposures & Coverage Trends” this morning at the 2018 PLUS Conference, Kevin LaCroix, RPLU stopped by the PLUS Media Zone in San Diego to highlight one of the key new exposures his panel will discuss… the #MeToo movement.

Check out his video below, and be sure to check out his panel discussion at 9 a.m. this morning.

2018 PLUS Conference Preview: New D&O Exposures & Coverage Trends in Underwriting

The annual PLUS Conference is just a little more than a month away, and this year’s event has an incredible array of speakers, panels, and education sessions. Here is an exclusive look at one of the panels happening at the conference.

Kevin LaCroix, RPLU and author of the D&O Diary, will be moderating a panel on Thursday, November 8, on the wide array of new D&O exposures as well as how underwriters are tackling these new coverage trends. Panelists Nora McGee, Vice President, AIG, and Cathy Padalino, Senior Vice President, Aon, will discuss how these new exposures are currently affecting the industry and what we can expect to see going forward.

Below is the full panel summary and white papers from Kevin LaCroix’s D&O Diary blog. Keep an eye out for future blog posts with previews of panels and sessions happening at the conference so you can get the most out of this incredible event. If you haven’t registered yet, claim your spot now— see you in San Diego!

Thursday, November 8, 9 a.m.– New D&O Exposures & Coverage Trends in Underwriting

Directors & officers of publicly traded companies have never faced more uncertain times than they do today. Emerging exposures, disruptions to traditional business models, ever-changing regulations, new Supreme Court decisions, #MeToo and the Internet of Things continue to make this big world smaller and smaller. The panel will look closely at new and trending exposures – from both traditional and new sources globally and review which D&O claims are most surprising and most anticipated in today’s landscape. Trends in both federal securities class actions and derivative actions will be discussed along with developments in regulatory enforcement actions. Rising exposures by industry, including pharma, energy and healthcare along with uncertainty created by expanding SEC jurisdiction for ICOs, increasing required guidance in areas like cyber, and the SEC’s ever- increasing use of administrative proceedings in adjudicating enforcement actions offer much to consider. In addition, the rising of a new plaintiff’s bar brings its own implications of what is filed and where. Finally, how do Blockchain and Artificial Intelligence fit into this picture? Are we seeing D&O claims in these areas? Are companies addressing potential exposures within their governance guidelines? The panel will attempt to harness the latest burgeoning set of exposures faced by corporate directors and officers and address the implications for coverage under the Directors’ & Officers’ D&O insurance policy. Subjects including new exposures, claims, jurisdiction, case law, coverage triggers, potential claims issues along with new coverage enhancements will be covered.

Moderator: Kevin LaCroix, RPLU
Executive Vice President, RT ProExec, RT Specialty

Nora McGee
Vice President, AIG
Cathy Padalino
Senior Vice President, Aon

White Papers:

1. Yahoo Settles Data Breach-Related Securities Suit for $80 million

2. Massive Derivative Suit Settlement for Alleged Management Failure to Prevent Sexual Misconduct

3. Do Privacy Issues Represent the Next Big D&O Liability Exposure?

4. Investor Files Sexual Misconduct-Related D&O Claim Against Wynn Resorts Board

5. We Need to Talk About ICOs, Cryptocurrency, and Blockchain