In a challenging environment full of new and complex exposures, financial institutions can leave no stone unturned. The impact of the COVID-19 has been felt across the entire industry as organizations continue to search for answers. One of the most effective solutions to these adverse effects of the...
For the latest information and resources on Coronavirus, please visit the RCM&D COVID-19 Resource Center at https://info.rcmd.com/covid19. Across the globe, businesses are being hit hard in all aspects of their operations as a result of the COVID-19 pandemic. Most organizations are dealing with...
Billionaire Sam Zell and other former executives of the bankrupt Tribune Company have reached a $200 million deal to settle the bankruptcy trustee’s adversarial claims against them arising out of the disastrous 2007 leveraged buyout (LBO) of the company. According to press reports about the...
An often overlooked feature of the Directors and Officers Liability landscape is that executives of privately held companies can be held liable for statements or other actions made in violation of the federal securities laws. One very recent, high-profile example of this fact involved the SEC...
In today’s world, companies are facing more employment-related lawsuits. The probability that a company faces an alleged employment practices violation continues to increase and so does the severity of the losses from this type of lawsuit. Additionally, there are immeasurable damages to the...
A recent article published by DarkReading discusses the 10 Critical Steps to Create a Culture of Cybersecurity . Despite the increased coverage of cyber incidents, many...
Although the judicial outcomes are yet to be decided, the recent flurry of lawsuits filed against private colleges and universities over lack of fiduciary oversight of their 403(b) retirement plans is already having an effect on the insurance market.
On January 24th, Yahoo became the latest company to have a securities class action lawsuit filed against it due to ramifications of a data breach.
In the June 2016 Beazley Brief, Beazley combines a Denton’s three-part article series focusing on Law Firm Cyber Security. The consolidated article reviews the increasing cyber security breach threat facing law firms today and focuses on various issues relating to law firm risk management, best...
In the attached Breach Insights report, the Beazley Breach Response team discusses claims and breach trends that their team has been witnessing throughout the course of the year. This latest issue focuses on a recent increase in cyber attacks among smaller financial institutions (below $35M in...