Insurance Coverage & Recovery
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Insurance Coverage & Recovery
Understanding The Hidden Risks Of Life Insurance: Due Diligence For Policy Holders And Fiduciaries
Immediate cash needs at death range from general living expenses to buying out a business partner or providing funds to pay estate taxes. But imagine opening a letter one day from your insurance company to find that your equity-based life insurance policy may lapse due to lack of funding. Despite...
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FDIC Issues Advisory Statement Regarding D&O Insurance Policies, Exclusions And Indemnification For Civil Money Penalties
On October 10, 2013, the Federal Deposit Insurance Corporation (the “FDIC”) issued an advisory statement in response to its concern that there has been an increase in exclusionary terms contained in directors and officers liability insurance policies issued to depository...
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Four Stages Of Cyber Risk Management
In case anyone had not noticed that the severity of data breaches keeps reaching ever-more unnerving levels, a friendly reminder recently arrived in the form of federal indictments unsealed against a group of alleged cyber criminals. The alleged cyber gang’s hit list included the NASDAQ,...
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