Most allegations against directors & officers involve decisions, acts, errors or omissions that have lowered stock values, compromised competitive industry position, wasted corporate assets, or overlooked significant growth or investment opportunities. These can result in financial injury to stockholders, employees, investors, and any other third party. Full story on...

Businesses will need to prepare for major changes in insurance availability and pricing. We expect that most, if not all, insurance companies will be increasing premiums during the coming year, as well as restricting certain classes of business or certain types of coverage. These are industry wide changes, and not restricted to any one particular insurance company or any one particular geographic region. Full story on...

The market for Directors & Officers/Employment Practices Liability is continuously evolving. This evolution is directly related to the insurance and business communities’ heightened awareness of exposure to Directors and Officers and Employment Practices Liability related claims. Full story on...

An insurance policy is designed for a particular coverage area (auto coverage for autos, professional liability for professional acts, general liability for non-professional exposures, etc.), certain situations might bring in multiple liability policies on a single claim. Full story on...

Employee fraud is a growing problem that involves such serious scams as asset misappropriations, fraudulent financial statements, bribery, and even corruption. Currently, it’s estimated that American businesses lose more than $40 billion annually due to employee fraud. Recent studies have found that the most harm comes from the executive suite, not from a disreputable bookkeeper. Full story on...

Workplace violence continues to be a major concern for businesses of all sizes. Most employers feel that there’s inadequate legal protection for them and their employees because there are no federal laws against it. However, state legislators are getting the message. On March 25, 2002, Tennessee became the seventh state to allow employers to seek a temporary restraining order (TRO) on behalf of an employee who suffers from a violent act or receives a credible threat from any individual. Full story on...

May 2002

We all know how important it is to keep in good touch with our customers.

Through this newsletter, we hope to reach out on a more frequent basis to update you on what is going on in the industry. Hopefully you will find something of interest and be able to use it in your business.

We welcome your suggestions for topics you would like us to cover.