Growing Number of Companies Increasing Directors and Officers Liability Limits
According to a Towers Watson Survey released last month, many companies have decided to increase the limits of their directors and officers liability insurance policies. According to Towers Watson, the trend towards increasing policy limits
US Appeal Court Considers Insured vs. Insured Exclusion
In a recent American case – Foodtown Inc. v. National Union Fire Insurance Company of Pittsburgh, Nos. 08-3940 and 08-4083, United States Court of Appeals, Third Circuit (January 6, 2011) – the Court considered an
Directors and Officers Liability under Newly Revised Securities Legislation
On February 14, 2011, leave to appeal a ruling of the Ontario Superior Court was denied in Silver v. IMAX Corporation (Court File No. CV-06-3257-00). The result of this decision is to allow a class
Insured vs Insured Exclusions
Virtually all directors and officers liability insurance policies contain some variation of an “Insured vs. Insured” exclusion clause. Such exclusions typically exclude coverage of any claims brought by present and past directors and officers, as
Davies Howe Hosted ACC Continuing Legal Education Program
On October 12, 2010, in association with the Association of Corporate Counsel (ACC), Ontario Chapter, Davies Howe Partners LLP hosted a continuing legal education program entitled “How to Best Protect Directors and Officers Through D
US District Court Disallows Claim for Costs relating to SEC Investigation
On October 15, 2010, the United States District Court for the Southern District of Florida released a Decision in Office Depot, Inc. v. National Union Fire Insurance Company.
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Professional and executive liability insurance products are an important part of our insurance law practice at Davies Howe Partners LLP. We represent insurers, directors and officers, and corporate clients in a wide variety of insurance